Investors from China are rushing to Russia’s Far East to be part of creating a new hub for processing steel. The project will be headed by Chinese firm Debang Guangdong and the Russian Ministry for Development of the Far East.
Hyundai Corporation of Korea is planning to manufacture motors for yachts and boats in Primorie Territory
K-energy of Korea intends to invest RUB 3 BN into creating a multi-purpose enterprise in Primorie to do business in agriculture, tourism and power development, according to the territorial government.
China Communication Construction Company is planning to complete its feasibility study and budget for constructing and upgrading transport infrastructure of international
Ruzow Diamonds of South Africa is considering investing into cutting facility in Vladivostok, according to the Russian VP and authorized representative of the Russian President in the Far East Yuri Trutnev.
Lotte Corporation of South Korea plans to buy a hotel and launch its Lotteria fast food chain in Vladivostok, the web site of the Russian East Development Ministry says.