Yenisey Siberia CIP projects presented in session of Russian-Swiss Intergovernmental Commission on Trade and Economic Cooperation

On 17 December, a plenary session was held under the co-chairmanship of the Deputy Prime Minister of the Russian Federation Vitaly Mutko and the Head of Bilateral Economic Relations Division and the Head of Switzerland’s State Secretariat for Economic Affairs Erwin Bollinger. It was part of the 20th session of the Intergovernmental Commission on Trade and Economic Cooperation between the Russian Federation and the Swiss Confederation. Representatives of federal and regional authorities and business associations made reports on promising areas of cooperation.

The working groups identified main areas of cooperation in the field of small and medium-sized enterprises, and interaction between Russian regions and Swiss cantons in regards to financial dialogue, customs sphere, industry, agriculture, environment and education.  

At the plenary session, Vice-chairman of the Krasnoyarsk Territory Government Sergey Vereschyagin spoke about the investment potential of the region, Yenisey Siberia Comprehensive Investment Project (CIP) and promising areas of international cooperation. The CIP is based on real projects of the largest Russian companies aimed at developing infrastructure, increasing industrial production, oil, metallurgy, woodworking industries, and agriculture.

Those who attended were introduced with 6 Yenisey Siberia CIP projects being implemented in the Krasnoyarsk Territory. These projects are open for foreign partners in a number of areas: development of Payakha fields, construction of West Taimyr industrial cluster, creation of Krasnoyarsk High-Tech Valley, Siberia Agroindustrial Park, development of Elegest field infrastructure, and development of Angara-Yenisey region enterprises.

Sergey Vereshchagin noted that by reason of their large scale, Yenisey Siberia CIP projects needed some strategic partners. Swiss business and government funds can take part in these projects by locating their production capacities and as suppliers of technology and equipment. The commission members recognized significant potential of the Yenisey Siberia CIP and expressed a desire to build cooperation with potentially interested investors from Switzerland.