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ROTOBO forecasts growth in the number of Japanese investors in the Far Eastern Federal District - EastRussia | Far East

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ROTOBO forecasts an increase in the number of Japanese investors in the Far Eastern Federal District

Special project TORA and Free Port
The Far East of Russia is becoming attractive for Japanese investors, and their number will only increase, Saito Daisuke, head of the Japanese Association for Trade with Russia and Newly Independent States (ROTOBO), said in an interview with WEF-2017 (III Eastern Economic Forum).

“The tendency to reduce the number of Japanese enterprises in Russia is gone. Now their 350. Among them, 195 has a representative office in Moscow - this is seven more companies than in 2016. In the Far East of Russia, Japanese companies are currently working around 60, and their number will also increase, ”the Ministry of Eastern Development Ministry quotes the head of the Japanese association. According to him, in addition to the traditional energy and automotive industries, recently Japanese companies have increased interest in new areas of investment, such as medicine, agriculture, urban planning. As an example, the expert says hi the positive experience of the company Hokkaido Corporation in Yakutia, which has built a year-round greenhouse complex in the TOR "IP Kangalasy".

As noted in the message, a number of other Japanese companies also took advantage of the preferences of the TOR regime and the Free Port of Vladivostok. In 2016, the first phase of the greenhouse complex for growing vegetables in closed ground was launched by the joint Russian-Japanese company LLC JGC Evergreen (JGC Evergreen) in the Khabarovsk Tor. Another project with the participation of Japanese investments is planned to be implemented in the Mountain Air Tori - the construction and operation of a balneological complex in the city of Yuzhno-Sakhalinsk. The foreign partner of the project was Marusin Ivadera Corporation. In the Partizansky district of the Primorsky Territory, with the participation of Japanese investments, it is planned to build a specialized transshipment complex intended for the shipment of coal entering the port by rail to be shipped by sea for export to the APR countries.