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Friday, May 12, 2006

Investment prospects high for Russia's Far East

RBC, 12.05.2006, Krasnoyarsk 09:29:41 – Investment in the development of Russia's Far East may reach $230bn within 10 years, Governor of the Krasnoyarsk region Alexander Khloponin said opening an economic forum in Krasnoyarsk. Comparing the development of Siberia and the Far East to that of South-East Asia as a whole, he pointed out that the volume of annual investments in Russian regions was behind by a factor. Meanwhile, according to the Governor's assessment of business' interest, some 100 projects were found capable of attracting up to $230bn.

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