Gazprombank and Bamtonnelstroy-Most Group will assist in implementing cultural and leisure center construction project in Kamchatka


It is suggested to comprehensively develop the central square of the city

Gazprombank, that implements the strategy of creating an infrastructure #MEGAPLAYER, the Government of the Kamchatka Territory and Bamtonnelstroy-Most Group of Сompanies (BTS-MOST Group) have signed a cooperation agreement. The document is aimed at exploring the opportunities for the implementation of investment projects in the region primarily related to the construction of modern social and transport infrastructure, including those based on the principles of public-private partnership.

In particular, it is about the creation of a multifunctional cultural and leisure center in Petropavlovsk-Kamchatsky. The project involves comprehensive development of the city’s central square. The total area of the recreational zone covers 4.8 Ha. The key parameters of the project will be defined in the near future.

“Along with the domestic tourism growth, there emerged an increased need for tourism and urban infrastructure among subjects of the Russian Federation. Joint efforts of both state and business entities are needed to solve such problems. Gazprombank, being a #MEGAPLAYER in its niche, pays special attention to the initiatives that serve as drivers of economic and social development of regions and create jobs. I am sure that the project discussed today will help to increase the attractiveness of Petropavlovsk-Kamchatsky as a cultural and business center of the Russian Far East,” First Vice President – Head of the Infrastructure Projects and PPP Department of Gazprombank Pavel Brusser commented.

“Today, we take one of the first significant practical steps to implement the master plan for Petropavlovsk-Kamchatsky development. The plan was approved once it was submitted to the President of the Russian Federation. Its goal is to make Petropavlovsk-Kamchatsky attractive to residents and unleash its tourism potential. Naturally, we start from the central square, and we are very glad that our colleagues have responded. First of all, Bamtonnelstroy-Most Group of Companies. It was very kind of Ruslan Sulimovich to get involved. Well, and I set this goal long ago saying that Gazprombank is the strongest partner in Russia in arranging public-private partnerships and concluding concession agreements. I am glad that Gazprobank takes part in this process. I am sure that all of this will allow us to turn the expectations of the residents of Petropavlovsk-Kamchatsky into reality in the shortest time possible. We expect that the next year we will get down to construction, go out onto the construction site, and in the near future the center, that will become a jewel of Petropavlovsk, will turn into the place that every tourist coming to Kamchatka will visit,” Governor of the Kamchatka Territory Vladimir Solodov said.

“The specialists of Bamtonnelstroy-Most Group plan to participate in creation of a modern multifunctional urban public space in Petropavlovsk-Kamchatsky. According to the project, the central square on the coast of Avacha Bay will be redeveloped, there will appear specially designated areas for comfortable rest and places to organize different cultural and business events, as well as convenient parking zones for cars and bicycles. The new urban infrastructure facility will become the center that will attract residents and guests of the capital of the Kamchatka Territory and will significantly increase the tourist potential of the region,” Deputy General Director of Bamtonnelstroy-Most JSC Alexander Kozarenko said.

Reference Information

Gazprombank is among the three top leaders of the Russian banking industry in terms of the main volume indicators (according to INTERFAX-100 Russian banks ranking,, as well as among the largest financial institutions of Central and Eastern Europe.

Gazprombank provides a wide range of services to corporate and private customers. The bank provides services to key sectors of the Russian economy – gas, oil, chemical and petrochemical, metallurgical, electric power, engineering, transport, construction, communications, agriculture, trade, and other industries. The Bank has many years of unique experience in arrangement of project financing and debenture underwriting at international and Russian capital markets, rendering financial consulting services in the sphere of project, corporate and debt financing, as well as in investment management in Russian and foreign companies. The Bank is included in the list of credit institutions authorized to open escrow accounts.

The retail business of Gazprombank offers modern and high-tech products and services, such as bank cards, deposits, mortgage and consumer loans, foreign exchange transactions, brokerage services, insurance, and many others. The regional network of the Bank consists of more than 420 offices across the country. Over 5 mln individuals are the Bank’s customers.

Bamtonnelstroy-Most Group of Companies is one of the leading Russian construction holding companies specializing in building transport infrastructure facilities throughout Russia. The company carries out construction and reconstruction of highways and railways, large and small bridges, tunnels, ports and berths, hydraulic structures, runways. Over almost a half century of the company’s existence, more than 2,800 infrastructure facilities have been built and put into operation across the country.

The BTS-MOST Group of Companies