Regional projects of Yenisey Siberia appeal to Indian business

The investment potential of the Yenisey Siberia regions was showcased in a video conference with authorities of the Department of Economy and Commerce from the Embassy of India in the Russian Federation. Representatives of Yenisey Siberia Development Corporation presented a series of investment projects of Krasnoyarsk Region, the Republics of Tyva and Khakassia that might be of interest to the Indian business.

Dr. Aseem Vohra in charge of the Department of Economy and Commerce in the Embassy of India in the Russian Federation expressed an interest in cooperation with the regions of Yenisey Siberia and pointed out which industries stand out in terms of the Russian-Indian partnership: agriculture, IT and education, mining, particularly coal mining, pharmaceutics and high tech.

Each of the Yenisey Siberia regions was presented separately with due regard to their territorial particulars and most promising niches. Alexey Nikolaev, Development Director, spoke about competitive advantages that can attract investors to Krasnoyarsk Region and presented investment proposals of the region that might appeal to the Indian partners. A special emphasis was given to the special economic zones and territories of advanced development created within the framework of the Yenisey Siberia CIP. Also, Alexey Nikolaev presented the investment potential of the Republic of Tyva, specifically pointing to the resource wealth and prospective infrastructural projects of the region that has an international border. Mikhail Krutskikh, Deputy Director General of the Corporation and Head of the Office in Khakassia, added to the presentation with details about the priority activities in Khakassia, giving particular emphasis to the development of coal mining and tourism in the region.

Dr Aseem Vohra put a high value on the projects presented by the Corporation and singled out those that can attract Indian businesses right now. Notably, according to the head of the Department of Economy and Commerce of the Embassy of India, Indian entrepreneurs are generally interested in projects in the area of coal mining, agriculture, IT-industry, and more specifically, in the project of creating an international transport and logistics hub that would unite the airports of Krasnoyarsk and Cheremshanka.

Dr Aseem Vohra requested more detailed information on these projects so that it can be given to interested parties for further cooperation. He also invited the Corporation officials from every region of Yenisey Siberia to take part in webinars arranged by the Embassy to elaborate on the format of cooperation and exchange of expertise.

The Yenisey Siberia Development Corporation is going to package a number of investment proposals for the business community in India. The Department of Economy and Commerce of the Embassy of India in the Russian Federation is ready to promote the projects of the Yenisey Siberia CIP as part of its regular activity.