MONTHLY INFORMATION DIGEST

ECONOMIC DEVELOPMENT
OF THE FAR EASTJuly 2018

KEY THEMES• Official delegation ofthe Republic of India toparticipate in EEF 2018

• On 11–16 September
Vladivostok hosts the Far
East Street Exhibition• New development
mechanisms help put inplace 1,375 investment
projects in Russia’s Far
East worth 3.8 trillion

EASTERN ECONOMIC FORUM NEWS30 July 2018, Komsomolskaya Pravda

Russian–Chinese Relations to Gain A New Trajectory at EEF 2018
Adviser to the President of the Russian Federation Anton Kobyakov met the Ambassador
Extraordinary and Plenipotentiary of China to Russia Li Hui in Moscow and discussed Russian–Chinese cooperation at multilateral international economic forums. Preparation of the visitof the representative delegation of the People’s Republic of China to the Eastern Economic
Forum 2018 received special consideration at the meeting.
The meeting discussed various formats of the Forum’s events, including a photo exhibition
dedicated to the achievements of Russian–Chinese cooperation, as well as the tall ships
regatta Far Eastern Cup en-route Qingdao–Vladivostok as a part of the sporting programmeof the EEF 2018.
https://www.kp.ru/daily/26861.5/3904113
30 July 2018, RIA Novosti

On 11–16 September Vladivostok Hosts the Far East Street Exhibition
Nine regions of the Far Eastern Federal District, federal executive authorities, as well as aspecial guest, the Kemerovo Region are to participate in the event. The Exhibition will present
the economic potential, culture, traditions and tourist opportunities of the Far East.
From 11 to 13 September, the exhibition will be available for participants and guests of EEF,
and on 14–16 September the Far East Street will open for general public.
https://ria.ru/economy/20180730/1525565950.html
26 July 2018, Interfax1

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ECONOMIC DEVELOPMENT OF RUSSIA’S FAR EAST

EEF 2018 to Present the Achievements of the Russky Technopark Residents
The Eastern Economic Forum 2017 launched the technopark. Since last September 65
enterprises from six regions of the Far Eastern Federal District became its residents. All of them
are working on innovative projects with valuable contribution by students, postgraduates andinstructors of the Far Eastern Federal University.
http://www.interfax.ru/events/news/622610
18 July 2018, TASS

Official Delegation of the Republic of India to Participate in EEF 2018
Indian Minister of Commerce and Industry Suresh Prabhu is to head the official delegation.
The delegation of India will also include representatives of the business community, including
leaders of companies such as KGK Group, The Tata Power Company Limited, Sun Group, Jungle
Travels India, Assam Bengal Navigation Company, Suzlon Ltd, and others.
It is anticipated, that representatives of the delegation of India will participate in the eventsof the business programme of EEF. In particular, the Russia–India business dialogue, whererepresentatives of authorities and business communities of the two countries will discuss
issues of joint projects implementation in the Russian Far East.
http://tass.ru/novosti-partnerov/5383523
13 July 2018, Lenta

Official Delegation of France to Participate in the 4th Eastern Economic Forum
The Ambassador of France to Russia Sylvie Bermann will head a representative joint delegationof the Embassy of France and the France–Russia Chamber of Commerce and Industry.
The delegation is expected to include 20 leaders of France–Russia businesses representing
Rosbank, INSYSTEMS, Engie, Servier Russia, ZAO GK Electroshield – TM Samara, ARMOEngineering Group, Poma, VINCI Concessions, AECOM and others.
https://lenta.ru/pressrelease/2018/07/12/francevef
6 July 2018, FederalPress

7,000 Hotel Rooms Ready for the Participants of EEF
For most comfortable accommodation of the participants, EEF organizers made agreements on
booking rooms with 22 Vladivostok hotels and the FEFU campus. 1,800 rooms were arranged
in Vladivostok hotels, and over 4,400 are situated on the campus of the FEFU.
This year, for the first time, EEF participants will be accommodated on board the luxury cruise
ship Costa neoRomantica, where over 700 comfortable cabins of different categories will beavailable, and the vessel’s business and recreational infrastructure will be used for a numberof events of the Forum’s cultural programme.
http://fedpress.ru/news/25/society/2085434

STATE POLICY IN THE FAR EAST
20 July 2018, Izvestia

Experts Discussed How to Improve Quality of Live in the Russian Far East
2

MONTHLY INFORMATION DIGEST

ECONOMIC DEVELOPMENT OF RUSSIA’S FAR EAST

The roundtable ‘Developing Human Capital in the Russian Far East: Problems and Solutions’
was held on 20 July as part of the lead up to the 4th Eastern Economic Forum. Minister for
the Development of the Russian Far East Alexander Kozlov, regional administration members,
professional skills development specialists, and investors implementing their own projects,attended the event.
In the next three years 55.8 billion roubles will be spent on social development in the Russian
Far East. The funds will go towards infrastructure (preschools, schools, hospitals, sports
complexes, territorial prosperity, roads, etc.) and equipment. As Alexander Kozlov noted, thesemeasures are meant to improve the quality of life in the district and to stimulate the flow ofskilled workers to Far Eastern enterprises.
https://iz.ru/769194/2018-07-20/eksperty-obsudili-voprosy-uluchsheniia-kachestva-zhizni-na-dalnem- vostoke
4 July 2018, RIA Novosti

Vladimir Putin Signed the Law on Extending Vladivostok Free Port Regime
The new document stipulates for the expansion of the Vladivostok Free Port (FPV) regime to theSovetsko-Gavansky District of the Khabarovsk Krai. The Free Port regime is now effective in 22
municipal districts of the Far East.
Experts are certain that this will lead to the implementation of 15 investment projects worth
54.5 billion roubles in the Sovetskaya Gavan. Over 4.3 billion roubles in tax revenues and fees tobudgets of different levels are expected to come in the period of eight years. Establishment ofnew enterprises will create over 1,800 jobs.
https://ria.ru/economy/20180704/1523893192.html

THE ECONOMY OF THE FAR EAST
17 July 2018, TASS

Yury Trutnev: New Development Mechanisms Help Put in Place 1,375 InvestmentProjects in Russia’s Far East Worth 3.8 Trillion Roubles
On 17July 2018 Deputy Prime Minister of the Russian Federation and Presidential Plenipotentiary
Envoy to the Far Eastern Federal District made this announcement during the meeting of theSub-Commission for Investment Project Implementation in the Far East and Baikal Region
under the Governmental Commission on the Socioeconomic Development of the Far East andBaikal Region. The meeting took place in Moscow.
The implementation of these projects will create 127,000 new jobs before 2025. According toMr Trutnev, 129 industrial facilities with total investment volume of 140 billion roubles havealready been commissioned.
http://tass.ru/ekonomika/5380465

NEW MECHANISMS FOR DEVELOPMENT IN THE
FAR EAST: SUCCESS STORIES3MONTHLY INFORMATION DIGEST

ECONOMIC DEVELOPMENT OF RUSSIA’S FAR EAST
13 July 2018, Vesti

The Major Logistics Centre of the Far East in the Khabarovsk ASEZ
Avangard Industrial Park is building a complex of 15 hectares. At the first stage, the resident
will build two standard Class A warehouses and one multitemperature complex. Completionof work is planned for the second quarter of 2019. The transport efficiency of warehouses
maximizes the strategic location of the industrial park, a new road, a container terminal and arailway access.
https://www.vestifinance.ru/articles/103907

ABOUT USThe Roscongress Foundation is a socially oriented non-financial development
institution and a major organizer of international conventions, exhibitions, and publicevents.
The Roscongress Foundation was founded in 2007 with the aim of facilitating the developmentof Russia’s economic potential and strengthening the country’s image by organizing
international conventions, exhibitions, and public events. The Foundation develops substantive
content for such events, providing companies and organizations with advice, information, andexpert guidance, and offering comprehensive evaluation, analysis, and coverage of the Russian
and global economic agendas. It offers administrative services and promotional support forbusiness projects and helps to attract investment, including in the form of public-privatepartnerships.
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.
www.roscongress.org

ORGANIZER OF THE EASTERN ECONOMIC FORUM:4