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Chinese partners double investment in the Far Eastern Federal District

galushko d 850

Chinese partners double investments in the economy of the Far Eastern Federal District.

Today, the volume of investment from China is about $ 3 billion. This was announced by the Minister of the Russian Federation for the Development of the Far East, Aleksandr Galushka, at a working meeting with representatives of business and research circles of the People's Republic of China, which took place within the framework of Valdai International Discussion Club, the press service of Minvostokrazvitiya reports.

"New development mechanisms in the Far East have interested Chinese partners. 21 Chinese projects are under implementation in the created Advance Development Zones and the Free Port of Vladivostok for the amount of investments of about $ 3 billion. This is 12% of all investments. Today, a number of projects of Chinese investors with a volume of $ 3 billion are being further worked out, which will double the volume of Chinese investments in the economy of the Far East. In total, the share of foreign investment in the portfolio of investment projects in the region is 20%," - said Aleksandr Galushka.

According to him, now in the Far East 564 new investment projects are being realized or are being prepared for implementation, the total cost of which is 1 trillion 406 billion rubles of investments.