Deloitte facilitates investment cooperation between the Ulyanovsk Region and China
Moscow, Russia, 28 March 2016. With support from the Ulyanovsk Region Development Corporation, Deloitte CIS and the government of the Ulyanovsk Region jointly held a round table entitled “Prospects for infrastructural, agricultural and arts PPPs with Chinese partners,” where regional investment projects were presented to Chinese companies.
During the round table, experts from the Ulyanovsk Region Development Corporation presented the region’s investment potential and industrial sites for business development, as well as provided a detailed description of the projects in the areas of infrastructure, agriculture, and arts and leisure. These include large projects, such as the development of the Chinese industrial park in the “Ulyanovsk” port special economic zone, the renovation of the Barataevka passenger airport, the renovation of the Ulyanovsk Central railway station and creation of a multimode transportation hub, the construction of light-rail passenger transport lines, the development of the “USSR Museum” tourism and recreation cluster and many others.
Igor Ryabikov, First Deputy General Director of the Ulyanovsk Region Development Corporation, expressed a keen interest in developing business relations with their Chinese partners and stated that the corporation was ready to provide assistance with investment project implementation and support in the region.
As noted by Igor Shlychkin, Head of the Ulyanovsk Region PPP Centre, and Elizaveta Martynova, Director of the “USSR Museum” Tourism and Recreation Cluster Managing Company, many projects are currently in the design and budget document preparation stage, and the region and private investors are open to new cooperation and interaction with foreign investors.
Aleksey Shevchenko, Executive Director at the Infrastructural Project Directorate of JSC Gazprombank, also took part in the round table.
After the presentations, representatives from Chinese companies asked a number of questions and expressed their interest in further discussing the key aspects of the projects presented.
Deloitte CIS holds regular events aimed at presenting regional investment potential and invites all interested parties to participate free of charge. Highly qualified strategy, tax and finance specialists assist the regions’ representatives in selecting and presenting their projects to potential investors.
The “USSR Museum” is a social and art cluster, which is part of the “Red Route” touristic project. Within the next 50 years, the project will be supported by federal programmes. Currently, RUB 1.2 billion have been allocated as part of a special programme for project development inside Russia.
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