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Chinese investors are interested in buying shares in Russian agribusiness companies - EastRussia | Far East






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Chinese investors are interested in buying shares in Russian agribusiness companies

In Beijing, a round table on investment cooperation between Russia and China in the field of agricultural and timber processing was held, at which investors from China announced their readiness to consider participation in successful Russian projects, Russian Trade Representative to the People's Republic of China Alexei Gruzdev

Chinese investors are interested in buying shares in Russian agribusiness companies
Readiness to consider the purchase of shares in Russian companies of the agro-industrial complex is expressed by Chinese investors. This was stated to journalists by the trade representative of the Russian Federation in the People's Republic of China, Alexey Gruzdev, on the results of a round table on investment cooperation between the Russian Federation and the People's Republic of China in the field of agriculture and the timber processing complex.

"The seminar was attended not only by companies that have the opportunity to invest, expanding their production capacities, but also investment structures that are guided by the model of a minority shareholder, that is, they buy a stake from 10% to 20% in promising projects, without claiming to manage the company . Therefore, the possibility of acquiring shares in Russian companies is very real, "Gruzdev said.

According to the trade representative, Chinese investors openly expressed such interest. "Some companies, commenting on Russian proposals, said that they are ready to consider their entry into successful projects," Gruzdev said.

The round table under the auspices of the Russian-Chinese intergovernmental commission on investment cooperation was held last Friday in Beijing. From the Chinese side, more than 20 companies, financial institutions and investment agencies took part, including the China Development Bank, the Agricultural Bank of China, the Bank of China, the Silk Road Fund and others. On the Russian side, a number of promising projects were presented to Chinese investors, RIA Novosti reports.

In particular, the company "Rusagro" presented a project for the construction of a pig-breeding complex in Primorye with an estimated value of one billion dollars. The second project - Agromir, involving the creation of a network of wholesale distribution centers for agricultural products in the Moscow and Rostov regions, as well as in the Republic of Tatarstan, was presented by the National Food Company. The complex of these three centers is estimated at 950 million dollars. The third project to create a complex for deep wood processing in the Khabarovsk Territory presented the RFP Group. According to the trade representative, the advantages of this diversified project are that it is aimed at deep processing of the forest, and its investment attractiveness is that it is being created within the framework of the priority development area.

Gruzdev noted that “the partners responded with interest and the discussion continued in the format“ b2b ”.