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Investors from Asia-Pacific region fix their eyes on Russian Far East

October 07, 2013, 11:28 UTC+3
Investors from the Asia-Pacific region are showing great interest in investing in the Russian economy
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DENPASAR (Bali, Indonesia), October 7 (Itar-Tass) - Investors from the Asia-Pacific region are showing great interest in investing in the Russian economy, especially in investments in the Far East.

“Investors from the Asia-Pacific region are showing pretty much interest in investments in Russia,” Kirill Dmitriyev, the head of the Russian Direct Investment Fund and co-chairman of the APEC (Asia-Pacific Economic Cooperation) Consultative Council, told journalists on Monday. He said that investors from China, Japan, Brunei and the United Arab Emirates were particularly active in Russia.

“On the whole, we can say that these countries have become exporters of capital. Therefore, we certainly need to work with them. They have investors who want to invest in our economy,” Dmitriyev explained.

He added that Indonesian investors were also interested in the Russian market. “There are money and growing companies in Indonesia that are interested in various projects, including in metallurgy and coal mining. There is every reason for us to work with them,’” the head of the Russian Direct Investment Fund emphasized.

“At present, many investors see Russia as an attractive market and would like to join their colleagues who are already investing in Russia,” Dmitriyev went on to say.

He set the example of the Russian-Chinese Fund, which had made its first investments in the far eastern logging industry.

Dmitriyev noted that the geographical location made Far East attractive to APEC investors. It is very close to the Asia-Pacific region and can become a hub for regional investments.

According to Dmitriyev, the 2012 APEC summit held in the far eastern city of Vladivostok opened plenty of investment opportunities for investors who saw that the region had excellent infrastructure and enormous opportunities for capital investments. 

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