Tokyo attracts Primorye Investment

On February 4-5, heads of constituent entities of the Russian Federation and promising domestic technology companies will take part in a business mission to Japan. They will present in Tokyo the investment potential of their regions, will acquaint Japanese partners with the peculiarities of doing business in Russia, existing products and developments of Russian technological companies. A delegation from the Primorsky Territory, which will be headed by the acting Vice-Governor Konstantin Bogdanenko, will take part in the work.

The event was organized by the Agency for Strategic Initiatives to Promote New Projects and the Roskongress Foundation in cooperation with the Japanese Organization for the Development of Foreign Trade (JETRO).

“For us, this trip to Japan is of strategic importance. We want to not only demonstrate the capabilities of the Russian regions but also closely acquaint the Japanese partners with modern Russian technologies and their prospects. We also need new ideas and new partners for the development of digital infrastructure and services, ”says Svetlana Chupsheva.

It is planned that at the presentation session the Vice-Governor Konstantin Bogdanenko will talk about the benefits for creating new enterprises and doing business in Primorye. Many Japanese partners have already been able to evaluate the preferences operating in the region – the total amount of their investments in projects that are implemented within the framework of priority development areas and the Free Port of Vladivostok amounts to almost $ 80 million.

Some residents of TOR and SPV have already launched Russian-Japanese high-tech enterprises and are successfully operating in the region. For example, last year, on the fields of the Fourth Eastern Economic Forum, Russian President Vladimir Putin and Japanese Prime Minister Shinzo Abe took part in the launch of a Mazda engine factory. A little earlier, in May 2018, the Hokuto Medical Center opened in Vladivostok, which is engaged in the rehabilitation of patients after injuries, strokes, and accidents. In Nakhodka, Astafieva Terminal, together with the German company Schade and the Japanese corporation Marubeni, is planning to build the first environmentally friendly terminal in the Far East for handling coal using a closed method.

“We plan to continue work on joint high-tech projects, launch new ones, as well as expand cooperation with Japan in the field of science and innovation. To do this, during business negotiations, the developments of young innovative companies from Primorye, residents of the Russian Technopark and scientists of the Far East Branch of the Russian Academy of Sciences will be presented to potential investors. I hope that business will be able to apply our technologies to increase the efficiency of existing enterprises or to start mass production of finished products, ”said Konstantin Bogdanenko.

More than 10 companies and organizations from the Primorsky Territory will take part in the business negotiations. Among them, the resident of the Russian Technopark is the HiLeg company, which presents a “smart” bionic prosthesis intended for patients with amputation of the leg below the knee, “knows” how to recognize walking, climbing and descending stairs, running, and also can “self-study” and adapt to a specific user. At the same time, according to the developers, the product is several times cheaper than analogs. In turn, the Far Eastern Branch of the Russian Academy of Sciences will present the technology of deep purification of liquid radioactive waste, a unique composite coating of the surface of metals that can be used in shipbuilding, aerospace and automotive industries, instrument making and medicine.

On the second day of the business mission, meetings of the Russian delegation with Japanese officials will be held, a number of study visits are planned: participants will be able to get acquainted with Japanese developments in the development of smart cities and recycling.

It was emphasized that the holding of a business mission in Tokyo will contribute to the development of trade and economic relations between Russia and Japan, and to build up a pool of joint Russian-Japanese investment and technology projects. The mission will take place as part of Japan’s cross year in Russia and Russia in Japan.