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Primorsky Krai on VEF-2017 attracted more than 260 billion rubles of investments - EastRussia | Far East






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Primorye on VEF-2017 attracted more than 260 billion rubles of investments

Primorsky Krai during the III Eastern Economic Forum (VEF-2017) signed agreements on the implementation of investment projects for a total amount of more than 260 billion rubles, the press service of the Ministry of Regional Development said. During the forum, the status of residents of the TOP and the Free Port of Vladivostok was given to 15 companies.

“This year, in the framework of the Eastern Economic Forum, the Primorsky Territory signed more than 40 agreements worth more than 260 billion rubles. We presented investment projects that are in varying degrees of implementation. There is progress, and it is obvious. If at the first WEF, we signed agreements with investors for 100 billion rubles, then at the second and third forums, this figure has doubled. And here it’s not the amount of investment that is important, but the projects themselves. The main difference between VEF and the previous two is that we have already discussed real success stories. In particular, there were several projects that were discussed at the past WEF, and this year we have already summed up, ”the region’s Governor, Vladimir Miklushevsky, comments. The head of the region stressed that the forum provides an opportunity to show that Primorye is “a promising area where it is profitable to do business, work, where you can realize yourself.”

Among the new projects, the governor singled out a diamond cutting factory created in Vladivostok by the Indian group of companies KGK and the rehabilitation center of Japanese investors JGC Corporation and Hokuto Social Medical Corporation, which is scheduled to open in the first quarter of 2018. These projects were implemented in the framework of the modes of TOR and SPV. Among the most significant for Primorye, the project of the Vietnamese company TH True Milk on the development of dairy farming and milk processing, which will be implemented in the Mikhailovsky TOR, is also noted.
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