CANADIAN BUSINESSMEN SHOW INTEREST IN SCALE PROJECTS IN PRIMORYE

Vladivostok Times
Wednesday, August 19 2009, 04 PM

The projects are construction of Summit objects, oil-loading port in
Kozmino and oil processing plant

VLADIVOSTOK, August 19, vladivostoktimes.com Prospects of
cooperation of Primorye and Canada have been discussed today at
the meeting of the Primorye Governor Sergey DARKIN and Ambassador
Plenipotentiary of CANADA in RF, Republic Armenia and Republic
Uzbekistan Ralph J. LYSYSHYN, the press-service of the Primorsky
Territory Administration reported to RIA PrimaMedia.

Sergey DARKIN told about social and economic situation in the Primorsky
Territory. The region is systematically developing; its economy has
been growing during the latest years. Growth rate of gross regional
product amounts to 6 per cent or 321.8bln Rubles.

Sergey DARKIN reported that Primorye is interested in expansion of
trade and economic cooperation with Canada on a mutually beneficial
basis. Implementation of projects on preparation to APEC Summit 2012
in Primorye opens new opportunities for cooperation.

The prospective projects being implemented in Primorye are construction
of infrastructural objects in the framework of preparation to
APEC Summit, oil and gas pipeline, oil-loading port in Kozmino and
oil-processing plant, liquefied gas plant, aluminum manufacturing,
car assembly plant, Far-Easter Federal University on Russkiy Island,
modernization of the Vladivostok city airport complex being positioned
as an international hub, development of the transport center Nakhodka
– port Vostochniy. In total it is planned to direct 3trl Rubles to
implementation of all investment projects.

The Governor noted interest of the Primorsky Territory in attraction
of Canadian companies to implementation of these projects. It will
become the basis of new directions of cooperation and will allow to
attach new level to rapport.

In his turn, Ralph J. LYSYSHYN emphasized that Canadian businessmen
are also interested in development of cooperation with Primorye,
especially in power-generating and agricultural sectors, mineral
resource industry.

In conclusion of the meeting the parties agreed to develop jointly not
only trade and economic, but also cultural relations of the Primorsky
Territory and Canada.

From: Emil Lazarian | Ararat NewsPress