The IFC yesterday announced that it had teamed up with the Prudential’s Asian asset management business…
Topic: regional development
Public and private sector investment in the regions of Russia, Azerbaijan. Kazakhstan and Central Asia
Novgorod becomes first Russian region to default
Following claims from the Standard & Poor’s credit rating agency that a Russian region had recently…
FDI in Russian regions low due to lack of local authority support, agency claims
FDI in Russian regions: 95% of Russian regions are unattractive to foreign investors, a study released last week in Moscow…
Shymkent earmarked as southern industrial centre
Shymkent, the administrative centre of the province of South Kazakhstan, should become the region’s centre for social and…
Logistics companies head to regions as Moscow market collapses
Logistics: With demand for new warehouse space collapsing in Moscow, logistic firms are flocking to the regions in a bid to keep…
RusHydro plans move to Vladivostok
RusHydro plans move to Vladivostok: Russian hydroelectrical concern RusHydro is planning to move its headquarters to…
Baku to build Absheron tourist complex
Absheron tourist complex: Ilgar Isbatov, Director of the Baku State Design Institute, this week unveiled plans…
China looks to promote New Silk Road Economic Belt
New Silk Road Economic Belt: Wang Gengnian, the Director-General of China’s state-run radio station China Radio…
Five-star Dagestan hotel complex planned by Turkish group
Five-star Dagestan hotel complex: A group of Turkish companies is planning to build a $100m, five-star hotel complex…
Russian region debt write-off to cost Kremlin RUB120bn
Russian region debt write-off: Russia’s Ministry of Finance has approved the allocation of RUB180bn to Russia’s regions,…
Far East is first Russian Territory of Advanced Development
First Russian Territory of Advanced Development: Russia’s Far East is to become the country’s first region to be…
Vanino port to get funding from Spain and China
Vanino port, one of Russia’s ten largest ports, looks set to get development funding from a group of…
Rostelecom wins rural Russia broadband contract
Rural Russia broadband contract: Rostelecom has won a $4.7bn contract to bring internet access to more…
Russia sets up North Caucasus Ministry
North Caucasus Ministry: A new agency is to be set up with responsibility for the development…
North Caucasus subsidies top table
North Caucasus subsidies: North Caucasus Federal District received subsidies of RUB136.8bn last year, 14% up on…
Tele2 to develop Archangel telecoms network
Archangel telecoms network: Tele2 has agreed to invest RUB200m in the cellular infrastructure of the Arkhangelsk…
Irkutsk infrastructure upgrade handed over to JPC
Irkutsk infrastructure: The Government of Irkutsk and Russian Railways are to establish a Special Project Company (JPC)…
China Development Bank Far East investment set to top $5bn
China Development Bank Far East investment: China Development Bank has confirmed plans to invest $5bn in Russia’s…
Government companies join Far East staff relocation drive
Far East staff relocation drive: Major government-controlled companies including RusHydro, Rosgeologiya and Transneft could be about…
Azercell regional expansion reaches Nakhchivan
Azercell regional expansion: Azercell Telecom has opened a new office in the Nakhchivan Autonomous Republic as part…
Russian regional airport investment under review
Russian regional airport investment: The Ministry of Transport and its Federal Antimonopoly Service (FAS) are exploring ways…
Russian Fisheries Agency HQ to move to Khabarovsk
Russian Fisheries Agency HQ: Within 24 hours of Prime Minister Dmitry Medvedev ordering the government to draw…