Russian and foreign investors are displaying interest in working in the Russian Far East
Today, the main specialization and focus of our private group is investment in infrastructure and managing investment projects at all stages of development. <...> The group is currently investing around USD 2 billion in the Far East across a range of projects. These include a very large project in Khabarovsk <...> and projects in Yakutia which today, together with those which have already been implemented, have seen around RUB 60 billion invested — Igor Snegurov, General Director, VIS Construction Group (VIS CG).
The economic growth we are witnessing in Primorye Territory and some other regions is important. It creates real effective demand which ultimately acts as a driver, while investments launch this spiral of growth. <...> In literally the last couple of months, we have completely reconstructed our bank’s offices in Sakhalin and Chita, we are opening in Kamchatka on Friday – a place where our bank had no presence previously – and in Yakutia by the end of October. This will mean that the bank will be represented in 72 regions across the country — Mikhail Zadornov, Chairman of the Management board of Otkritie FC Bank.
We will also develop in the east of our country. <...> By investing in Siberia and the Far East, SIBUR <...> will, I truly hope, be able to build highly competitive, highly profitable manufacturing facilities which take advantage of Russia’s raw resources and hydrocarbons — Sergey Komyshan, Member of the Management Board and Executive Director of SIBUR LLC..
India and Russia share a cordial relationship, and we are looking at various areas of collaboration in the Russian Far East region. The Russian Far East desk has been opened at Invest India to facilitate mutual investment and to share experience between Russian and Indian investors. <...> Supported by the investment-friendly Russian approach in the region, India is looking at collaboration in sectors such as diamond processing, rare-earths, petroleum and natural gas, pharmaceuticals, tourism, infrastructure, and agriculture — Sunita Sindwani, Chief General Manager, Export-Import Bank of India.