Far East Investment Promotion and Export Support Agency began work in Europe and recently the Russian Far East Development Agency opened a representative office in Switzerland.
“Russian Far East is still “Terra Incognita” for European investors. Some projects with the participation of European investors are already being implemented in the Far Eastern regions through the preferential regimes of priority development territories and the Free Port of Vladivostok. So far, these projects are single. At the same time, our communication with business shows that there is interest. The main task of the representative is to inform the business community about the opportunities offered to businesses in the Far East of Russian Federation, about the possibilities of investing in agriculture, mining, construction, the hotel business, and other industries, ”said Leonid Petukhov, General Director of Far East Investment Promotion and Export Support Agency.
According to the head of the Agency, the representatives of the Russian Far East Development Agency work in China (Beijing, Harbin), Japan (Tokyo), the Republic of Korea (Seoul), India (Mumbai). It is planned to open representative offices in Shanghai and Singapore.
“We are actively developing partnerships with Asia-Pacific countries. The most dynamic destinations are India and China. With the assistance of the agency, a number of visits of Indian business missions to the Far Eastern regions took place, and vice versa – Russian businessmen visited Indian states. Coal test samples have gone to potential Indian partners. We see increased interaction with Chinese companies. This is facilitated by the launch of major joint projects. One of the agreements in the field of agriculture was signed at the Fifth Eastern Economic Forum. Under the agreement, livestock breeding complexes for the production of cow’s milk with a total capacity of 500 thousand tons per year will be built in Primorye. New projects are launched with Japanese partners. We are ready to discuss investment projects with European companies, ”said Leonid Petukhov.
The head of the Russian Far East Development Agency recalled that in mid-October Khabarovsk Territory and Primorye were visited by business delegations from Belgium and Switzerland. They were held with the assistance of the Agency and the support of the embassies of these countries in the Russian Federation. During the year, there were meetings of representatives of the Russian Far East Development Agency with the Swedish, German, English, Finnish, Dutch business community. “We want as many European entrepreneurs as possible to open our Far East and are ready to show support to European investors in their arrival in the Far Eastern regions,” Leonid Petukhov said.
Information provided by the press service of the Far East Investment Promotion and Export Support Agency