VEB.RF provides financing to Kamaz Asia Leasing in Uzbekistan

State development corporation VEB.RF and leasing company JV LLC Kamaz Asia Leasing have signed a loan agreement for EUR 12,5 million. The agreement provides for financing the purchase of 250 units of vehicle and special equipment of the KAMAZ brand in the Republic of Uzbekistan. The equipment will then be leased to Uzbek companies.

Parties entered into an agreement as part of VEB.RF’s large business mission in Uzbekistan. To this date, VEB.RF is involved in financing 9 projects with a total cost of RUB 23 billion. The Company is planning to implement 10 more projects with a total amount of financing up to 365 billion rubles.

GRATA International provides legal support to VEB.RF in this transaction and has made an important contribution for its implementation. The transaction has become another successful project under the legal support of GRATA International in Uzbekistan.