10 June 2019

Chinese investors consider Krasnoyarsk Region as a platform for investment projects

The Yenisey Siberia Development Corporation held a working meeting with the representatives of the Chinese company Heilongjiang 100 Billion Group. The meeting was attended by the President of the company Song Zhang Shuang and Director General of the Group of Companies Wang Chengfu. The multiprofile group with the headquarters in Harbin works in the sphere of construction, design, finish materials production, medical equipment and a number of others. The total number of employees of the company exceeds 25,000 people.

The parties discussed the possible cooperation patterns and mechanisms. At the present moment, the Chinese partners are considering the opportunity of investing into the projects of transport infrastructure, power generation facilities, mineral extraction, agriculture and aluminium processing in the territory of the Russian Federation; moreover, they got interested in the Yenisey Siberia Comprehensive Investment Project and the assistance it provides in the Development Corporation format. The company is just beginning its way to the Russian market; it is looking for a reliable and competent partner to support its investment project.

The Chinese company expressed a special interest for the Krasnoyarsk Digital Valley project run by Rusal. The project is intended to create innovative enterprises and manufacture of high added value aluminium products: mill products, wheel discs, profiles, consumer goods manufacture. To locate their production capacities, the investor companies are offered some industrial facilities of Krasnoyarsk Metallurgic Plant and some tax preferences within the industrial and production special economic zone.

At the meeting, the Director General of the Yenisey Siberia Development Corporation Sergei Ladyzhenko remarked that today the region enjoys some beneficial conditions for investment. “The Yenisey Siberia has got some support from the national and regional Government; it receives support at all possible levels. The new investors can count on comprehensive assistance which is especially convenient for the companies that have just started to discover the Russian market. For our part, we are ready to provide individual approach to the substantial investment initiatives”, said Sergei Ladyzhenko.