Weekly brief N 67, June 14 - 20

• In 2002 direct investments to Russia will grow by 40% to $6 bln. Sergey Bayev, Head of Investment Policy Department at Ministry of Economic Development and Trade of Russian Federation, informed that during the last five months 2002 direct investments amounted to $2,4 bln. In particular, Bayev commented, significant funds will be invested to Russia by such corporations as Shell, Exxon, Volkswagen and Siemens for mobile communication development.



• According to Ilya Klebanov, Minister of Industry, Science and Technology of Russian Federation, the Investments Promotion Institute will be established at the Ministry.

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The IDI Foundation has conducted The Enhancement of the Investment Attractiveness of the Russian Regions Seminar in the City of Penza. The event was chaired by Mr. Nikolay Ovchinnikov, Vice-Governor of the Penza region.
There were more than 70 participants at the event. According to the local press, the seminar was very successful and was taken by the regional business community as a good sign for new economic prospects of Penza.

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Investment map - Search for the projects utilizing the map of Russia. The data base containes the projects from 3 region.

Companies-initiators - Detailed information on companies. There are  10 companies.

Investment projects - Detailed information on investment projects. There are  11 projects.

Business opportunities - Brief information on business opportunities. There are  264 business opportunities from 42 regions.