In the far East want to set up a company to support Korean investors

© RIA Novosti / I. Nasobirali potencjalny in the East. Archival photoIn the far East want to set up a company to support Korean investors© RIA Novosti / I. Nasobirali the image Bank

Ministry of Russia proposes to establish a joint venture to attract Korean investment and supporting investors from the Republic of Korea in the far East of Russia, said on Tuesday the Ministry.

It is noted that the proposal was announced at the XI session of the Russian-Korean Committee on the Far East and Siberia.

«I propose to create a joint venture to attract Korean investment and support Korean investors in the far East of Russia. We already create these companies with our partners from China, Japan,» — are reported words of the Deputy head of Minvostokrazvitiya Alexander Krutikov.

According to him, the Russian side its founder may act as the Agency of the Far East to attract investment and support exports. From the Korean side, the greatest interest now is showing the Korean Agency of assistance to trade and investments (KOTRA), which has offered to launch a joint «hotline» for Korean companies operating in the far East of Russia.

«We support this initiative (on a joint «hot line»), be sure to implement it. We also believe that it is necessary to move towards creating a joint company to attract and support for Korean investments,» said Krutikov.

The Deputy Minister noted that at the end of April this year, the Korean side was transferred to the portfolio of investment projects in the field of agriculture and port infrastructure for joint development in the amount of $ 7.5 billion. «Today the Agency of the Far East to attract investment and support exports, are actively working to inform the Korean companies in these projects. I consider it necessary to support this work at the governmental level,» he said.

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