18 Dec 2017 10:43

Trutnev invites Japanese investors to jointly develop logistics in Far East

VLADIVOSTOK. Dec 18 (Interfax) - Russian Deputy Prime Minister Yury Trutnev, speaking at a meeting with Japanese investors in Vladivostok on Monday, specified a number of areas in which he sees opportunities for joint implementation of projects, including joint development of infrastructure in Vladivostok and Primorye.

Transport corridors in Vladivostok and Primorye "could create a different logistics picture, significantly reduce the duration of freight transit from a number of countries to ports," Trutnev, who is also the presidential envoy to Russia's Far East Federal District, said.

"And new highways will be built as party of these plans, the Primorye-1 and Primorye-2 corridors. There are a number of other plans that we will share a little later. In any case, we will certainly develop logistics," Trutnev said.

He also invited the Japanese investors to participate in projects to develop the fishing industry and aquaculture.

"We are definitely interested in processing our forest resources, mineral resources. Not just cut down trees and mine given types of mineral resources, but build processing here, create jobs," Trutnev said.

The region has been moving along this path for three years already, and agreements totalling more than $60 billion have been announced in this period, he said.