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Russian officials open 10th Sochi investment forum

September 16, 2011, 0:44 UTC+3

Kozak recalled the previous Sochi forums, adding that many tasks that came under discussion there have translated into concrete solutions

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SOCHI, September 16 (Itar-Tass) – Russia’s Deputy Prime Minister Dmitry Kozak and Krasnodar territory Governor Alexander Tkachov on Thursday officially opened the 10th International Sochi Investment Forum.

It was opened at a gala reception for its participants.

“For the tenth time in a row, one of our best seaside resorts has brought together the political and business elite of the Russian Federation and guests from a number of other countries to showcase the investment projects presented by Russian regions,” Dmitry Kozak said in a welcoming speech.

“Over the past ten years, the Sochi Investment Forum has taken the place of a key event in the autumn calendar of the Russian and foreign political quarters,” he went on.

“The number of participants is growing and the agreements that have been signed in the hospitable city of Sochi over the past years have helped create a huge number of new jobs,” Kozak said.

“Sochi’2011 gives our constituent regions a chance to demonstrate their investment opportunities,” he said. “The most pressing issues will get into the focus of roundtable conferences and plenary sessions related to the investment climate in this country.”

Kozak recalled the previous Sochi forums, adding that many tasks that came under discussion there have translated into concrete solutions, which have made Russia’s business climate much more investor-friendly.

He wished success at negotiations and good spare time to all the participants.

“Just some three days ago, rain was pouring down from the skies overcast with clouds here but today – as it always happens during the forum days – the Sun re-emerged from behind the clouds and a true mild autumn season began,” Governor Tkachov said.

“As you can see, we’ve done everything in our power to make your sojourn in Sochi comfortable,” he said.

Tkachov mentioned the fact that Sochi’2011 us a jubilee forum in some sense – the tenth one since the start of events in this series.

It began ten years ago as a small experiment, since the number of people attending it did not exceed 200.

“No one would dare think then it would become the country’s main investment floor by 2011,” Tkachov said.

“Time has shown the Sochi investment forum opens up the shortest road to a success in business,” he said.

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