Sochi Investment Forum: Vladimir Region believes that sanctions were necessary

RBTH
The region creates special sites for investment in machine tools and IT

"Vladimir Region’s main advantage is the openness of the authorities. The rules of the game are the same for everyone, and we don’t change them. The specially created “Corporation Development” does a great deal of work", said Svetlana Orlova, Governor of the Vladimir region. 

The region creates special sites for investment in machine tools and IT

Vladimir Region actively invites foreign investors in agriculture and machine tools. A successful example of the latter is the machine-tool construction center in the town of Kovrov, set up jointly with Japanese company TAKISAWA.

Another area open to investment is information services. The region is implementing a special project called “Private City,” and a site has been built where professionals can live and work.

Moreover, the region already has a number of major foreign players: Yandex, Siemens and US confectionery producer Mondelez. Nestle and Danone are planning to expand their operations.

See the  Interactive map of Russian regions' investment potential

Read more on the Sochi Investment Forum 2015

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