9 June 2020

Investment offers of the Republic of Tyva presented on TV BRICS

The fourth part of the online presentations describing the investment potential of the Yenisey Siberia regions has been published on TV BRICS under the joint project of the Yenisey Siberia Development Corporation, the Roscongress Foundation, the RС-Investments Fund and MKR-MEDIA media holding.

The new part is dedicated to the investment opportunities and projects of the Republic of Tyva. Deputy Director General of the Yenisey Siberia Development Corporation, Head of the Office for the Republic of Tyva Yevgeniya Khertek presented the key projects of the Republic.

In the conversation with Yevgeniya Khertek, the project moderator, management consultant Dr Maurice “Tony” Ewing (Professor, Cambridge University, USA) remarked that many investment projects of Tyva might benefit from the pandemic conditions. For instance, in the given circumstances, the “Production of shock-frozen fruit and berries” project is gaining important advantages, as the berries are widely used in the pharmaceutical industry both in Russia and on the global market.

The expert also highlighted that the coronavirus infection did not impact the investment climate of the Republic; on the contrary, it opened better perspectives for a series of projects, especially in the sphere of tourism.

“As we know, due to the COVID pandemic the tourism industry will change and transform; somewhere the demand may fall, but somewhere, on the contrary, it is expected to grow. This is why we count on the development of inbound tourism: the Republic has a number of projects we are planning to launch in this sphere in the nearest future,” added Yevgeniya Khertek.

During the video presentation, the experts discussed the tourism projects of CHEDER – KINEZI Sanatorium Healthcare and Wellness Complex and the Taiga Ski Resort Complex. Yevgeniya Khertek emphasized that the establishment of such resorts is especially important not only for the guests but for the residents of the Republic.

Yevgeniya Khertek presented such major infrastructure projects as the construction of Elegest-Kyzyl-Kuragino railway, assigning the international status to the Airport of Kyzyl and opening the Russian Federation border inspection point at the airport, the creation of the Krasnoyarsk-Abakan-Kyzyl-Khandagayty-Ulaangom-Khovd-Urumqi cross-border road corridor. These projects will contribute to the solution of the current logistics problems and give an impetus to the development of all regional economic sectors.

As a reminder, in the first interview, Director General of the Yenisey Siberia Development Corporation Sergei Ladyzhenko presented the Yenisey Siberia Comprehensive Investment Project. In the second part, the Head of the Corporation Investment Division Vladislav Polunin spoke about the key projects of Krasnoyarsk Region. And in the third part, the Head of the Office for the Republic of Khakassia Mikhail Krutskikh presented the investment projects of Khakassia.

The presentations are available on the YouTube channels of the Roscongress Foundation, Investment Platform of Russian Regions and BRICS TV.