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Chukotka to present investment projects for extraction of tin, oil and gas at WEF-2017 - EastRussia | Far East

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Chukotka to present investment projects for the production of tin, oil and gas at WEF-2017

The Chukotka Autonomous District will take part for the first time in the presentation platform of the Eastern Economic Forum (WEF-2017) and will present two major investment projects, the press service of the regional government reported. The projects, presented by the Chukotka Development Fund, concern the extraction of tin at the Pirkakai deposit, as well as gas production at the Western Lakeland and oil fields at the Telekay deposit.

It is reported that the delegation will be headed by the regional governor Roman Kopin. He plans to participate in sessions on the investment climate, business support and development of the gold mining industry. As in past years, at the invitation of the government of the autonomy, investors already implementing projects in Chukotka will take part in WEF-2017: Canadian Kinross Gold, Australian Tigers Realm Coal Limited, and Regional Mining Company LLC, which is developing the Baimsky ore zone.

The regional plans include signing agreements on investment in social infrastructure, development of tourism, wind power, and also in the field of electric power industry at WEF-2017. Chukotka will also take part in the cultural program of the forum.

III Eastern Economic Forum will be held 6-7 September in Vladivostok.