WEEKLY INFFORMATION DIGEST

FAR EAST ECONOMIC
DEVELOPMENTOctober 2017
KEY TOPICS• Shinzo Abe intends to attend
2018 Eastern EconomicForum• Russian Far Eastgets $55 billion ininvestment in threeyears• Medvedev calls for

expanding agricultural
export infrastructure inFar East

EASTERN ECONOMIC FORUM NEWS24 October 2017, forumvostok.ru

Igor Shuvalov invites Singaporean representatives to take part in EEF 2018
Moscow hosted the 8th meeting of the High-Level Intergovernmental Russia-Singapore
Commission chaired by Igor Shuvalov and Singaporean Deputy Prime Minister andCoordinating Minister for Economic and Social Policies Tharman Shanmugaratnam.
In particular, the officials discussed the development of Russian-Singaporean relations inthe Far East. The Russian side expressed its readiness to continue to support Singaporean
investors in their implementation of joint projects in the Russian Far East, including within
advanced special economic zones and the Free Port of Vladivostok. The Singaporean side
confirmed its interest in implementing projects in Russia’s Far Eastern Federal District.
https://forumvostok.ru/news/igor-shuvalov-priglasil-predstaviteley-respubliki-singapurprinyat-uchastie-v- vef-2018
6 October 2017, RIA FederalPress

Shinzo Abe plans to take part in 2018 Eastern Economic Forum
Japanese Ambassador to Russia Toyohisa Kozuki shared this information during a meetingwith Adviser to the Russian President Anton Kobyakov at which the officials discussed
cooperation at the EEF 2017 and prospects for further bilateral cooperation, including aspart of major international multilateral events.
http://fedpress.ru/news/77/economy/1869180

THE EASTERN ECONOMIC FORUM ORGANIZER:1

WEEKLY INFORMATION DIGEST

ECONOMIC DEVELOPMENT OF THE FAR EASTSTATE POLICY IN THE FAR EAST
25 October 2017, EastRussia‘Far East Days in Moscow’ exhibition to be held in December
The exhibition will feature an extensive cultural and business programme on the streetsof Moscow and the Expocenter: the plans include the launch of several new enterprisesin the advanced special economic zones of the Far East, the operation of a personnel
centre with a number of new vacancies in the Far East region and a centre for theimplementation of the ‘Far Eastern hectare’ programme as well as the Far East Seafoodand Souvenirs Fair. The event will take place on 8–16 December 2017.
https://www.eastrussia.ru/news/dni-dalnego-vostoka-v-moskve-proydut-8-16-dekabryazamglavy- minvostokrazvitiya/
21 October 2017, Rossiyskaya Gazeta

Dmitry Medvedev calls for expanding export infrastructure for agricultural products in theFar East
The Russian prime minister made this announcement at a meeting of the Presidium of
the Presidential Council for Strategic Development and Priority Projects. New terminals,
wholesale distribution centres as well as processing and logistics enterprises need to bebuilt on the core of the agro-industrial and agro-food facilities that are being establishedin the Far East, he said.
https://rg.ru/2017/10/21/reg-dfo/dmitrij-medvedev-prizval-dfo-rasshirit-eksportselhozprodukcii.html
19 October 2017, Zvezda television channel

Russia’s Far East attracts USD 55 billion in investments over three years“Of this amount, USD 5 billion are foreign investments from the leading countries of theAsia-Pacific region”, Alexander Galushka said during the 19th World Festival of Youth andStudents. The minister said it became possible to attract such investments due to thebenefits and preferences that are currently in effect in the Far East. These projects are tobe implemented before 2025.
https://tvzvezda.ru/news/vstrane_i_mire/content/201710190444-4ogr.htm
11 October 2017, Interfax

China proposes setting up city of health, science, and innovations on Russky Island
A project to establish the International Cooperation Centre was presented during a working
meeting between Yury Trutnev and held a working meeting with the Vice-Chairman of
the Chinese People’s Political Consultative Conference National Committee Chen Yuan.

THE EASTERN ECONOMIC FORUM ORGANIZER:2WEEKLY INFORMATION DIGEST

ECONOMIC DEVELOPMENT OF THE FAR EAST

The first stage of the project involves the construction of a scientific, technological, andhealth improvement cluster, an international convention and exhibition centre, a hotel, awater sports centre, an aero-yacht club, and parking facilities.
http://www.interfax-russia.ru/FarEast/news.asp?id=876811&sec=1671

FAR EAST ECONOMY
26 October 2017, Lenta.ru

Russian regions invite Korean business to continue dialogue
A presentation on the economic potential of eight regions of the Russian Federation washeld for Korean investors in Seoul as part of the ‘Business in Russia: Regional Opportunities
for Korean Business’ event. Roughly 200 heads of Korean companies learned about theinvestment potential of Russian regions, including the Sakhalin Region and Khabarovsk
Territory, during the event.
https://lenta.ru/pressrelease/2017/10/26/8regionovkoreya
24 October 2017, Rossiyskaya Gazeta

Liquefied gas transhipment terminal to be built in Kamchatka
Novatek and the regional authorities signed an agreement on the terminal’s construction.
The transhipment terminal, where LNG will be loaded from Arctic gas carriers toconventional gas carriers, will have capacity of 20 million tonnes per year. The projectwill reduce the cost of transporting fuel produced on the Yamal and Gydan peninsulas tocountries in the Asia-Pacific region. The terminal is expected to be built in 2022–2023.
https://rg.ru/2017/10/24/reg-dfo/na-kamchatke-postroiat-terminal-po-peregruzkeszhizhennogo-gaza.html

NEW MECHANISMS FOR THE DEVELOPMENT
OF THE FAR EAST: SUCCESS STORIES
25 October 2017, TASSConstruction begins on car recycling plant in Primorye’s Nadezhdinskaya ASEZ
TerminaTOR, a joint project of the Japanese investors Arai Shoji Co. Ltd., Royal AutoParts,and Sumotori group of companies, is being implemented in the Nadezhdinskaya Advanced
Special Economic Zone. An agreement on the construction of the plant was signed on
the sidelines of the third Eastern Economic Forum. The plant will perform the advanced
processing of car and truck components: the separation of glass, plastic, metal, and otherspare parts. Total investments will amount to RUB 300 million.
http://tass.ru/novosti-partnerov/4675462

THE EASTERN ECONOMIC FORUM ORGANIZER:3WEEKLY INFORMATION DIGEST

ECONOMIC DEVELOPMENT OF THE FAR EAST
24 October 2017, TASS

New enterprise opens in Amuro-Khinganskaya ASEZ
A sandwich panel production line with capacity to manufacture 22,500 tonnes per year
opened in Birobidzhan. The plant’s construction products will be used to build large
facilities in the Jewish Autonomous Region, the Amur Region, and other regions. Total
investment will amount to RUB 1.5 billion, and the project will result in the creation of200 new jobs.
http://tass.ru/ekonomika/4671464

Reference information:
The organizer of EEF 2017 is the Roscongress Foundation, a major organizer of convention and exhibition events. TheRoscongress Foundation was founded in 2007 to develop Russia’s economic potential and strengthen the country’s
image by organizing congresses and exhibitions with an economic and social focus. The Foundation develops thesubstantive content for these events, and provides companies with advice, information, and expert guidance, as well
as offering comprehensive evaluation, analysis, and coverage of the Russian and global economic agenda.
Today, its annual programme includes events held from Montevideo to Vladivostok, offering an opportunity to bring
together global business leaders, experts, the media, and government officials in one place, creating favourable
conditions for dialogue and the promotion of new ideas and projects, and assisting in the creation of social
enterprise and charity projects.

THE EASTERN ECONOMIC FORUM ORGANIZER:4