Ulyanovsk oblast presented its investportal at the forum in London

© RIA Novosti / Ekaterina to Chesnokova in fotoballoon. Archival photoUlyanovsk oblast presented its investportal at the forum in London© RIA Novosti / Ekaterina to Tecnocovering the image Bank

Ulyanovsk region presented its investment potential at the ongoing London
IV Russian-British business forum «Partnership in innovation», which this year is dedicated to the promotion of high-tech exports, the digitalization of the economy and expansion of trade in services, reported RIA Novosti employee of the press service of the regional Governor.

«The business community has always been the initiators and the main conductors of a policy of cooperation and partnership between Russia and great Britain. Despite political tensions, economic ties between our countries are becoming more robust. Particularly intense today developing cooperation in non-oil sectors of the economy. I’m sure that with the development of innovative industries and industries open new opportunities for long-term Russian-British partnership», — said the head of the region Sergey Morozov, speaking at the plenary session of the forum «Development of Russia’s economy and cooperation with Britain».

The Agency’s interlocutor said that Morozov in the framework of the forum signed a Memorandum on implementing the investment project on production of medicines from a large international company and held talks with a number of British companies.

The press service reminded that investment activity in Ulyanovsk region have repeatedly noted by leading international experts. So, in 2012, the world Bank has recognized the region’s best pilot rating Doing Business in Russia. Since 2005 the volume of investments into fixed capital has increased seven times. The volume of production of technology-intensive products with 2012 increased by half.

«Today the UK is the leader in innovation and financial markets. Ranked second in innovation, after the United States. It is important for us to learn from this experience. We are also developing innovative industries. An example is the industry of alternative energy and the creation of the first industrial wind farm in Russia in our region,» — said Ulyanovsk Governor.

He noted that the region is making a bid to attract investors as in the traditional region engineering and high-tech sectors: alternative energy, green technologies.

«I am confident that with the development of innovative industries and industries open new opportunities for long-term Russian-British partnership», — said Morozov.

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