VTB will support housing construction in a developing area of Vladivostok

VTB Bank will provide 9.3 billion rubles for the implementation of a residential complex project with a total area of 129.3 thousand square meters in the Neibut area of Vladivostok. The agreement was signed within the framework of the WEF-2025 by Ruslan Eremenko, a member of the VTB Management Board, and Dmitry Matveenko, the founder of Prime Group JSC. This was announced by the bank's press service.

"The construction of modern residential facilities with developed infrastructure makes the region more attractive. The Prime Group project involves the creation of a comfortable environment and the development of a new urban area, taking into account the needs of families with children. The high economic potential of the Far East, enhanced by government support measures, will further stimulate the development of the housing construction industry in the region," Ruslan Yeremenko said.

"In each project, Prime Group focuses on quality, energy efficiency and long-term value for residents. In terms of the speed of development and the level of social infrastructure, communications, and transport accessibility, the Neibut district surpasses many new locations in Greater Vladivostok, which makes this project attractive to young families. Partnership with VTB gives us confidence in the successful implementation of our plans," Dmitry Matveenko emphasized.

The complex is scheduled to be commissioned in the fourth quarter of 2028.

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