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Eastern Economic Forum

Far East Development Corporation signs 39 agreements for $615.35 mln at EEF 2016

The total number of agreements signed at the second Eastern Economic Forum 2016 has reached 214

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Second Eastern Economic Forum brings Sakhalin $460 mln

MOSCOW, September 5. /TASS/. The Far East Development Corporation signed39 agreements for 40 bln rubles ($615.35 mln) at the second Eastern Economic Forum 2016 (EEF 2016), the Corporation’s press service said on Monday.

"On the sidelines of the second Eastern Economic Forum, the Far East Development Corporation has signed 39 agreements with the residents of special economic zones operating in the Far East for a total amount of 40 bln rubles ($615.35 bln), including 27 projects that will be implemented in the Free Port of Vladivostok and 12 projects - in the advanced development territories. Thanks to the residents, more than 4,000 jobs will be created," the statement said.

The total number of agreements signed at the second Eastern Economic Forum 2016 (EEF 2016), according to the updated data, reached 214 for 1.85 trillion rubles ($28.46 bln), according to the Ministry for the Development of the Russian Far East.

"214 agreements were signed at the second Eastern Economic Forum 2016 for 1.85 trillion rubles ($28.46 bln) for the Russian Far East," the Ministry said.

On September 3, the second day of the forum it was reported that more than 200 agreements for 1.76 trillion rubles ($27.01 bln) were signed at the second EEF 2016.

"The second Eastern Economic Forum was attended by 3,307 people, including 207 heads of Russian companies and 94 heads of foreign companies. In total, more than 1,500 business representatives. Foreign participants represented 56 countries. The delegations with most people were Japan - 246 people, China - 227, South Korea - 128 people," Far East Development Minister Alexander Galushka said earlier.

The first Eastern Economic Forum (EEF) is being held in the Far Eastern Federal University on the Russky Island from September 3 to 5, 2015. The Forum presents the region's investment opportunities and projects. The total expected sum of contracts and agreements to be signed at the Forum is valued at 4.7 trillion rubles ($70 bln).

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