Second Korean Investor Day held in Vladivostok

6 March 2018

Investment projects worth USD 1.5 billion were discussed as part of the Event, TASS reports.

Russian Deputy Prime Minister and Presidential Plenipotentiary Envoy to the Far Eastern Federal District Yuri Trutnev, Russian Minister for the Development of the Far East Alexander Galushka, General Director of the Agency for Investment and Export Support Leonid Petukhov, and representatives of the Russian and South Korean business communities attended the event on 5 March 2018.

“The event gathered 75 companies with total revenues reaching USD 300 billion, including 24 from South Korea and 51 from Russia. Investment in the projects we discussed today reaches USD 1.5 billion,” said Leonid Petukhov.

During the Korean Investor Day, the participants discussed investment projects in such areas as medicine, the oil and gas industry, shipbuilding, industrial agriculture and fishing complexes, and glass production. Arrangements were also reached on setting up an international medical cluster in the Far East and implementing some projects relating to liquefied gas and power plant construction.

According to Yuri Trutnev, more Korean Investor Days will be held in the Far East. The first event of the kind took place in 2017 in Khabarovsk.