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Five industrial parks to appear in Primorsky Territory

September 06, 2013, 10:09 UTC+3

The region will create industrial, agricultural and construction clusters

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VLADIVOSTOK, September 6 (Itar-Tass) - Five industrial parks will be soon opened in the Primorsky Territory, Russia’s Far East, governor Vladimir Miklushevsky told a plenary session of the Far Eastern Investment Congress on Friday.

The region will create industrial, agricultural and construction clusters. A separate venue will be given for a fish cluster and the construction of fish processing plants.

“The fifth park is Primorye integrated entertainment zone. Experts have already called it most promising of Russia’s four gambling zones,” the governor said adding the creation of this zone would allow attracting up to 10-12 million tourists a year within five-seven years.

Another area for investments is the development of the transport and logistics industry, Miklushevsky said.

The Primorsky Territory had a unique geographic location. There are two international transport corridors linking China’s Northern provinces with Primorye’s ports, which help reduce costs of cargo shipments to countries of the Asia-Pacific Region.

“Therefore our main task today is to change transport and logistics flows. For this it is necessary to upgrade customs procedures and transportation,” he said. “This means the reconstruction of our main highway M60 Khabarovsk-Vladivostok and modernization of the Trans-Siberian Railway. This is our priority, as Primorye’s logistics and transport services account for 18 percent in the gross regional product.”

The Far Eastern Investment Congress brings together around 200 representatives of large companies, governmental structures, scientists and politicians from Russia and countries of the Asia-Pacific Region. Among the forum’s guests are Chairman of Melco International Development Limited, Lawrence Ho, Japan’s Parliamentary Senior Vice-Minister for Foreign Affairs Masaji Matsuyama, governor of northeast China's Heilongjiang Province Lu Hao and the World Bank President’s Special Envoy, Mahmoud Mohieldin.

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