Monthly Archives: September 2013

Primorye won the jackpot

  
Two agreements were signed large-scale investments in the Far East Investment Congress with Melco International Development Ltd ( Macau , China) and the Cambodian Naga Corporation Ltd. The first project will invest in more than $ 700 million , the second in 2025 pledged to invest in the construction of the casino and hotel rooms for a thousand 350 million dollars.
- Russia – a great country in terms of resources and people here live the most intelligent , but she needs to diversify its economy and to shift to the service. Exhaustible resources , and tourism never! Macau and Singapore are among the five most developed regions : here is an example how to give impetus to the development of tourism economy and increase employment. Today in Vladivostok has a modern international airport , bridges and new roads . I am very optimistic about the potential of our investments in the Russian Far East – said Lawrence Ho , Chairman of the Board of Directors of Melco – the largest operator of integrated resorts management in Macao , Cambodia, the Philippines and Spain.
He said state aid in the creation of infrastructure ( roads, water, electricity and heat will build with the Development Fund of the Far East and the Baikal region), and assured that the tourists will surely attract ” great European city on the brink of Asia” , because from Harbin to Vladivostok – 1 , 5:00 flight from Beijing – 2.5 hours . Another plus – the vacant land for future development. According to preliminary estimates, the establishment will take 3-4 years , and in general there will be up to 20,000 jobs.
As reported at the plenary session of the Governor Vladimir Miklushevsky , in 2012, showed a better edge of the dynamics of development than the average for the Russian Federation ( GRP growth was 5.1 %, while Russia’s GDP – 3.4%). About 420 million of the $ 800 million of accumulated foreign investment came in 2012. In the first half of this trend is preserved . In many ways, it is an achievement of the APEC summit and projects of state companies , but the authorities are working on investment climate. Currently we are working on the creation of industrial parks on the type of ” greenfields ” : designates the site to which the expense of the regional budget will sum up the necessary communications. Their specialization – industrial, agricultural , construction, fish processing .

Another ” growth point ” – the use of the transport potential : through the territory of Primorye are two international transport corridors – the MTC “Primorye- 1″ ( Harbin – Suifenhe – Grodekovo – Port East – Asia Pacific ) and the “Primorye- 2″ ( Hunchun – Reed ( Makhalino ) – Posiet – Zarubino – ports APR) . In the development of their interest as far from the sea north- eastern Chinese province of receiving access to the ports of southern Primorye and neighboring countries. At the inter-regional transit service can earn millions of dollars. In the ambitious plans of the head of Primorye – to increase by 2020 the share of transport and logistics services in the GRP Primorye from the current 18 to 30%.
To attract business the first 5 years, investors with investments of more than the sum of 150 million rubles are exempt from taxes on property and income in the next 5 years, the tax rate will be from the current quarter . The response to this message will not have to wait long .
- We are interested to open in the Far East joint venture, to produce products of deep processing and send it to China and other countries. Let’s search for new forms of cooperation , based on staffing , energy , financial and other resources. It is important to develop transport infrastructure , open new flight routes – said Lu Hao , governor of Heilongjiang Province.

Deputy Chairman of Vnesheconombank Irina Makieva reported that currently the bank and 10 subsidiaries in the Far East, implement 19 projects (a total volume of investments – 470 billion rubles, of which 360 billion – money EBV), aimed at removing infrastructural constraints. Budget effect on their sales – more than 84 billion rubles , as well as 13 thousand new and saved about 4 million jobs. She noted that ” such a large and complex terrain , as the Far East , it is necessary to develop at the same time , investing in an integrated all the competitive advantages ” and called on business to address in a state corporation with a well developed projects.
- The focus of our work is aimed primarily at the infrastructure, because the task of the institute of development – release the limiting factors for the growth of industry and the social sector. So , in partnership with the Chinese unfolding construction of the railway bridge across the Amur River near Nizhneleninskoye ( EAO) – Tuntszyan (PRC). With the Singapore partner Vladivostok Airport discussed the possibility of establishing an international service center for aircraft maintenance . Together with VEB Fund participates in the construction of roads Vladivostok – Nakhodka – Port East ( the project is implemented under the concession) . Our goal and objective – to create a chain of interrelated projects, each of which can help each other , – the head of the Development Fund of the Far East and the Baikal region Pavel Grachev .

On the sidelines of the Congress Foundation signed a cooperation agreement with the Japan Bank for International Cooperation and a Memorandum of Understanding with the leadership of the province of Heilongjiang. The parties agreed to explore what prevents an increase in traffic between stations Suifenhe (PRC) and Grodekovo ( RF), and then decide how to resolve the problem. The Foundation has become one of the partners of the agreement Metro Cash & Carry on construction in Primorye three shopping centers. As noted Miklushkevsky , “arrival of means lower prices for food , and eventually change the logistics of delivery of goods to the Far East .”
The next year, Congress will pass an investment in another entity of the Far East or the Baikal region to fully unlock the potential of each.