Moscow and the Moscow Region

Size: px
Start display at page:

Download "Moscow and the Moscow Region"

Transcription

1 ECONOMIC REFERENCE Moscow and the Moscow Region The Moscow macroregion (the Moscow Agglomeration), consisting of two Russian constituent units: Moscow and the Moscow Region, plays a key role s economic, political and cultural life. This is mainly due to the huge importance of the city of Moscow, which along with being home to national investment centre of Russia. However, the close social and economic links between Moscow and the Moscow Region mean that the two areas are generally considered as one. Territory Moscow and the Moscow Region are located on the Eastern European Plain in a temperate continental climate zone. On 1 January 01, the city of Moscow covered 1,100 sq.km and the Moscow Region occupied,800 sq.km. 1 Together, the two areas make up 0.% of Russian territory. Population and income levels Moscow and the Moscow Region have the largest populations of all Russian regions. 11. million people live in Moscow, 7. million of whom are able to work. Unemployment stands at 1.%, the lowest rate of any Russian constituent unit. The average monthly money income is 7.19 roubles ($1, ). The Moscow Region is home to 7. million people,. million of whom are able to work. Unemployment in the region is.7%. The region s average monthly money income is.0 roubles ($89). Transport Infrastructure The Moscow macroregion is Russia s largest transport hub. The city and the region boast well-developed rail, air, road and water transport systems, including the three international airports of Sheremetyevo, Domodedovo and Vnukovo. There are nine railway stations in Moscow. The most popular form of transport in Moscow is the metro system, which has over 00 km of track and 188 stations. It is used by. million people every day, making it the second-busiest in the world. In addition to this, million people use surface transport in Moscow every day. Gross Regional Product Moscow is way ahead of Russia's other regions - the Tyumen Region comes second with a gross regional product equal to.9 bln roubles (7.% of Russia's GDP). Moscow's GRP (roubles) the growth rate of GRP volume (%) 8.0 bln +1,% Hereinafter data for the city of Moscow and for the Moscow Region is given without considering 7.17 bln -1,8% 8.9 bln +7,7%.9 bln +8,%.0 bln +10,7% Data as for at current prices (01)

2 The Moscow Region is the fourth-ranked Russian region in terms of GRP: bln roubles (% of Russia's GDP). The combined GRP for Moscow and the Moscow Region amounts to bln roubles or.% of the Russian Federation's GDP. GRP growth rates for Moscow and the Moscow Region in stand at 1.% and 7.7% respectively. The Moscow Region's GRP (roubles) the growth rate of GRP volume (%) bln +7,7% bln -9,% 1. bln +8,% bln +10,% 9 bln +8,7% Sectoral Structure of Economy Trade dominates the structural sector of Moscow s economy, accounting for 7.7% of GRP; real estate equals 0.7%, manufacturing 1.7%, transport and communications 9.% and public utilities (energy, Region s economy together generate 7.% of GRP. Sectoral Structure of Moscow's GRP Sectoral Structure of the Moscow Region's GRP Trade 7,7%. Real estate 0,7%. Manufacturing 1,7%. Transport and communications 9,%. Public utilities (energy, gas and water),%. Other 1% Foreign Investment 1. Trade,%. Manufacturing 1,%. Real estate 1,%. Transport and communications 9,%. Construction,8%. Other,% Moscow is the most attractive region in the Russian Federation for foreign investors: in 011, the Russian capital accumulated 1.1 bln dollars, accounting for.% of all foreign investment 's and.8% of all foreign investment. Foreign investment in Moscow ($) 011 1,1 bln +8%, bln +0,% 011 as compared with % 009 1, bln +1,% In real terms Data as for

3 Trade wholesale and retail trade turnover among the regions of the Russian Federation. Retail turnover in 011 in Moscow amounted to. bln roubles (17.% of Russia's retail trade) and 1.08 bln roubles in the Moscow Region (.% of Russia's retail trade). Growth rates for retail turnover in 011 amounted to.% and 10.8% for Moscow and the Moscow Region respectively. Moscow's retail turnover is dominated by food and drink products 0.% and 9.% accounts for non-food goods; in the Moscow Region, the ratio for food and non-food goods stands at.9% and.1% respectively. Wholesale turnover for 011 in Moscow amounted to bln roubles and. bln roubles in the Moscow Region. The combined wholesale turnover for Moscow and the Moscow Region is 19.0 bln roubles, accounting for almost half (9.%) of Russia' wholesale trade. New Moscow On 1 July 01, a decree of the Moscow City Duma, approved by the Council of Federation of the Federal Assembly of the Russian Federation, on changing the borders of Moscow and the Moscow Region, of 18 ha. in the Moscow Region s south-western sector. In relative terms, therefore, the city's area increased. times. This vast territorial gain meant that the Moscow mega-city had to push several key issues closer to being resolved, such as reducing the excessive concentration of jobs in Moscow's historic centre to alleviate the problem of residential overcrowding. The project proposes developing Moscow's macroregion into a polycentric structure: new centres of conurbation, which should remove the excessive load from Moscow. Moreover, the addition and development of new areas should create the tourism centre. The very concept of developing these new areas envisages dividing them into three zones, the closest of which is to house government and public innovative manufacturing plants and facilities are to be located in the middle zone; several national parks are being planned for the peripheral zone. The development programme for New Moscow, which is now becoming a reality, should not only resolve the urgent agglomeration issue, but should also enhance Moscow's economic potential, attract new investment, increase the city's budget revenue and accelerate the region's pace of economic development. Head office Sources Statistical Yearbook of Russia 01 // Federal State Statistics Department of the Russian Federation, December 01, Regions of Russia: Social and Economic Indicators: 01 // Federal State Statistics Department of the Russian Federation, January 01, Invest in Moscow // Department for External Economic and Relations of Moscow, February 01, Moscow. Expanding borders for the future // Moscow City Government, October 01 At current prices; as a percentage of the total volume of the region's retail turnover

4 ECONOMIC REFERENCE St. Petersburg and the Leningrad Region St. Petersburg is a major economic, industrial, educational and tourism centre of the Russian Federation, and it is also the administrative centre of the country s North-West Federal Region. The city s rich architectural and cultural heritage is valued around the world, and some of its buildings and areas have been designated UNESCO World Heritage sites. St. Petersburg and the Leningrad Region are separate regions within the Russian Federation (St. between them mean that they cannot be considered apart. Territory St. Petersburg and the Leningrad Region are located in north-western Russia, in a temperate climate zone of the East European Plain. Their locations are advantageous the regions border the two EU countries of Finland and Estonia, and they have access to the Baltic Sea. The Leningrad Region covers 8,900 sq km and St. Petersburg covers 1,00 sq km. This total of 8,00 sq km is 0.% of the total area of the Russian Federation. Population St. Petersburg has the second-highest population of all Russian regions and the Leningrad Region the 7th highest. On 1 January 01.9 million people lived in the city of St. Petersburg (over million by September 01), million able to work. Unemployment stands at 1.9% (the second-lowest ), and the average monthly wage is,99 roubles ( 0). The Leningrad Region has a population of 1.7 million, 1 million able to work, and an unemployment rate of.%. The average monthly wage is 1,9 roubles ( 98). Transport Infrastructure The two regions form the second-largest transport hub, with well-developed water, rail, air and road transport links. The Port of St. Petersburg handles a large portion of the international freight that is traded between Russia and the EU. Pulkovo Airport is Russia s fourth-largest airport in terms of passenger numbers, trailing only the airports of the Moscow Region. The main urban transport system in St. Petersper day. Gross Regional Product The gross regional product (GRP) of St. Petersburg is 1 trillion 7 billion roubles ( billion, putting it in th place among Russia s regions), or.% of Russia s GDP. St. Petersburg s GRP (roubles) the growth rate of GRP volume (%) 1.7 bln +,% bln -,7% 1. bln +9,% bln +1,1% 8 bln +8,% 1 Data as for 1 January 01 / for 011 Data as for at 01 prices

5 The GRP of the Leningrad Region is 0 billion roubles ( 1. billion), accounting for 1.% of Russia s GDP. GRP growth rates in were.% for St. Petersburg and.% for the Leningrad Region. The Leningrad Region's GRP (roubles) the growth rate of GRP volume (%) 0 bln +,% bln -0,% bln +,% bln +,% 00 bln +11,% Sectoral Structure of Economy Accounting for.1% of the city s GDP, manufacturing is the predominant sector of St. Petersburg s economy, followed by trade with 18.7%, real estate with 18.%, transport and communications with 9.9%, Two main sectors contribute the most to the Leningrad Region s economy: manufacturing with.8% of the region s GRP and construction with.%. Transport and communications follow with 11.9%, trade region s GRP. Sectoral Structure of St. Petersburg s GRP Sectoral Structure of the Leningrad Region's GRP Manufacturing,1%. Trade 18,7%. Real estate 9,9%. Transport and communications 7,8%. Other 1,% 1. Manufacturing,8%. Construction,%. Transport and communications 11,9%. Trade 10,%. Public utilities (energy, gas and water),8%. Other % Foreign Investment St. Petersburg received $.11 billion (.8 billion) of foreign investment in % of Russia s total, the th largest total. In this same period the Leningrad Region attracted $71 million ( 7 million) of foreign investment, 0.% of all foreign investment. Foreign investment in St. Petersburg ($) 011,11 bln + 17%,1 bln -,% 011 as compared with , bln -,8% +10,8 % Data as for

6 Trade With 7.1 billion roubles ( 18. billion) in 011, or.9% of the country s total, St. Petersburg has the - grad Region. Retail trade turnover grew by 0.% in St. Petersburg and by 1.9% in the Leningrad Region. Non-food products accounted for 1.% of the total in St. Petersburg and.1% in the Leningrad Region. St. Petersburg s wholesale trade turnover was trillion 7 billion roubles ( 8.9 billion) in 011, putting the city in rd place with 7% of the total. The Leningrad Region s wholesale trade turnover was 79. billion roubles (.99 billion). This represented a growth of 8.% for St. Petersburg and.% for the Leningrad Region in 011. Programmes for socio-economic development and enhancing the investment climate in St. Petersburg The main medium-term development areas for the city were laid out in a St. Petersburg governmental resolution On a programme to improve the investment climate in St. Petersburg from 011 to 01 and in the Programme for socio-economic development of St. Petersburg from 01 to 01 prepared by the city s government. The socio-economic development programme for the city includes four key aims: creating well-paid jobs, consolidating the population, reducing mortality and increasing life expectancy, and providing citizens with accommodation and developing housing and communal services and transport infrastructure. The objectives contain key achievement benchmarks for example, the average monthly wage in the city is to reach,00 roubles ( 1,090) by 01, the share of industrial companies using technological innovations is to rise to %, and life expectancy is to rise to 7. The programme to attract investment in the city s economy includes the following measures: enhancing St. Petersburg s investment climate; developing territorial areas and opening innovative infrastructure facilities such as technoparks and business incubators; developing the labour market; improving domestic legislation dealing with investment activity; creating specialised government bodies to provide for interaction between investors, and more. The programme is expected to increase investment potential, reduce investment risks, and increase investment activity in St. Petersburg. This will ultimately help to increase government income and boost GRP and production levels. Head office Sources Statistical Yearbook of Russia 01 // Federal State Statistics Department of the Russian Federation, December 01, Regions of Russia: Social and Economic Indicators: 01 // Federal State Statistics Department of the Russian Federation, January 01, Programme for socio-economic development of St. Petersburg from 01 to 01 // Government of St. Petersburg, gov.spb.ru On a programme to improve the investment climate in St. Petersburg from 011 to 01 // Government of St. Petersburg, 01, gov.spb.ru

7 ECONOMIC REFERENCE and the Sverdlovsk Region is the centre of the agglomeration, the third-largest after Moscow and St. Petersburg. It is among the most promising centres for rapid economic growth in the country. is the administrative centre and largest city of the Sverdlovsk Region, as well as being its political, economic, cultural and educational centre. The city is also the centre of the Ural Federal District. The Sverdlovsk Region is an economically developed region with high levels of business, cultural and social activity. Prospects for future development are favourable. Territory The Sverdlovsk Region is located within the Ural mountain range and the Eastern European and Western Siberian plains on the border between Europe and Asia. The region covers 19,00 sq km (1.1% of Russia s total area), with accounting for 91 sq km of this. Population With. million residents,. million of whom are capable of work, the Sverdlovsk Region is in the top,0 roubles (around 00). is Russia s fourth most-populated city with 1. million people. Unemployment stands at 0.7%, and the average monthly wage is 9, roubles (around 70). Transport Infrastructure and the Sverdlovsk Region are a key part of Russia s transport system, thanks to the region s location at the border between European and Asian Russia. Major roads, air routes and railways pass through the region, and Koltsovo Airport is one of the largest. The tram system carried the most passengers in in million. Completing the list were buses (.7 million journeys), trolleybuses (. million), and the metro system, which consists of one line and nine stations (7. million). Gross Regional Product The GRP of the Sverdlovsk Region amounts to 1.0 billion roubles (19th place ), accounting for.% of Russia GDP. GRP growth rates for the Sverdlovsk Region in stand at 11.% (rd place ). The Sverdlovsk Region s GRP (roubles) the growth rate of GRP volume (%) 1. bln +11,% bln -11,% 9 bln +,% 81 bln +9,% 00 bln +11,% 1 Data as for January,1, 01 / for 011 Data as for at current prices (01) In real terms Data as for

8 Sectoral structure of the economy Manufacturing is the predominant sector in the region, accounting for 9.% of its GDP. This is followed by retail with 0.%, transport and communications with 9.%, real estate with 8.%, and construction with.7% (a similar share is accounted for by electricity, gas and water supply). These six leading sectors, therefore, generate 79% of GRP. Sectoral Structure of the Sverdlovsk Region s GRP 1 7 Foreign Investment 1. Manufacturing 1,%. Trade,%. Transport and communications 9,%. Real estate 1,%. Construction,8%. Public utilities (energy, gas and water),% 7. Other,% In 011 the Sverdlovsk Region accumulated $1.7 billion, accounting for 0.8% of all foreign invest- Foreign investment in ($) 011 as compared with bln +% 1. bln +11,% bln -,% +1,7 % Trade The Sverdlovsk Region occupies third place in terms of the volume of retail trade turnover among the regions of the Russian Federation, bettered only by Moscow and the Moscow Region. Retail turnover in 011 in the Sverdlovsk Region amounted to 7. billion roubles (around 8. billion, % of Russia's retail trade). Growth for retail turnover was 9.1% in 011. Retail turnover in the Sverdlovsk Region is dominated by non-food goods.% and 7.7% accounts for food and drink products. Wholesale turnover for 011 in the Sverdlovsk Region amounted to 1. billion roubles (around 8 million) the third-highest and accounting for.9% of the country s total. Growth in wholesale turnover was 11% in 011. The Strategic Development Programme A comprehensive development strategy for up to 00 is set out by the Strategic Plan for Development of the City of, approved by the City Duma. The document includes an overview of the key socio-economic policy areas for the city, existing resources, and aims and challenges. As well as forming an idea of the chosen development path, it also lays out the of the Future. Key strategic areas and major aims to be achieved by 00: 1. Maintain and develop human potential: giving each person continuous and personalised educa-. At current prices; as a percentage of the total volume of the region's retail turnover.

9 incubators, etc. Creating technozones centres to develop high-tech solutions. Develop and modernise housing and communal services of the city: improving comfort, the safety of the city, and the quality of housing and communal services. Develop the goods and services market: using innovative production and distribution technology in the consumer market, bringing the city s business infrastructure to global standard, and boosting awareness of globally. Form a balanced transport system for the city: improving service quality, developing pedestrian and cycle paths and areas, expanding parking facilities and systems.. Form a comfortable and environmentally safe urban environment: moving towards sustainable environmental development, advanced technology, energy and resource-saving and green technologies. In conclusion, this development plan aims to create a comfortable living environment for s residents, use innovative approaches and technology in various economic sectors, and integrate the city into the global economy. Head office Sources: Statistical Yearbook of Russia 01 // Federal State Statistics Department of the Russian Federation, December 01, Regions of Russia: Social and Economic Indicators: 01 // Federal State Statistics Department of the Russian Federation, January 01, Results of Socio-Economic Development of the City of in 011 // City Government, May 01, Strategic Plan for Development of the City of up to 00 // Strategic Development

10 ECONOMIC REFERENCE and the Region The Region is the most developed region in Siberia and an important Russian transport hub. The city of is the centre of both the region and of the Siberian Federal District. The city plays a key role in the economic and political life of its region, and it is a well-known centre for science and education. Territory The Region is located in the south-eastern part of the Western Siberian plain, in a continental climate zone. The region covers 177,800 sq km, 1% of Russia s total area. itself covers 0.1 sq km. Population and income levels.7 million people live in the Region, 1. million of whom are able to work. Unemployment stands at.8%, and the average monthly wage is 0,7 roubles ( 09). With a population of 1. million (% of the region s total), has the third-largest population of any city. Unemployment is 0.9% and the average monthly wage is,8 roubles ( 7). Transport Infrastructure As the key hub of Asian Russia, the Region is an important part of the country s transport infrastructurte. Major roads, air routes, waterways and railways pass through or over the region, which has,89 km of roads and 1,0 km of railway track. There are four railway stations in, and has a metro system consisting of two lines and 1 stations. It is the most popular method of transport in the city, carrying 7. million passengers in 011. In second place was the trolleybus system with.1 million passengers, which was followed by trams (19.7 million) and buses (1.7 million). Gross Regional Product The gross regional product (GRP) of the Region is 8 billion roubles ( 1.0 billion, putting it in 1st place among Russia s regions), making up 1% of the country s total. It grew by.% in. The Region s GRP (roubles) the growth rate of GRP volume (%) 8 bln +,% bln -10,% +,7% 007 bln +11,7% 00 9 bln +8,% 1 Data as for 1 January 01 / for 011 Data as for at current prices In real terms

11 Sectoral structure of the economy A feature of the Region s economy is the contribution of four main sectors to its GRP: retail with 18.%, processing with 1.%, real estate with 1.8% and transport and communications with 1.8%. - birsk Region s GRP. Sectoral Structure of the Region s GRP 1 1. Trade 18,%. Manufacturing 1,%. Real estate 1,8%. Transport and communications 1,8%. Construction %. Other 9,7% Foreign Investment The Region received $ million ( 10 million) of foreign investment in % of Russia s total, putting the region in 9th place nationally. Foreign investment in Region ($) 011 as compared with 009 +% Trade 009 With 8 billion roubles ( 9. billion) in 011, or 1.9% of the country s total, the Region has the 1th highest retail trade turnover. This represented a growth of 10.8% in 011. Non-food products accounted for 7.7% of this. Wholesale trade turnover was 0 billion roubles ( 1. billion) in 011, putting the region in 1th place with 1.% of the total. This represented a growth of 10.% in 011. Main objectives of the socio-economic development programme 011 mln +,7% mln -,% 1 mln +,% The current aims of the city of s medium-term socio-economic policies have been set out - ment in up to 01 and the main challenges from 01 to 01. The document examines areas such as social policy, labour and production, the city government s employment policies, and devel- The expected results of key programmes in this document have brought about particular interest. For example, the average wage is expected to reach,17 roubles ( 90), a 8% increase on the current level of,8 roubles ( 7), which would mean a 1% annual increase in wages. In industry, total investment in large and mid-sized production facilities is set for a % increase by 01 up to 18. billion roubles ( million) from the current 11.7 billion roubles ( 9 million). Data as for In real terms as a percentage of the region s total retail trade turnover

12 roubles, or billion to.1 billion), with a slightly over twofold rise predicted for the Region for 01 to 01 (19. billion to 8.8 billion roubles,. billion to 7.17 billion). Total government revenues in the city should reach. billion roubles ( 908 million) in 01, and reduced by over 0% compared to forecasts for 01 (1.1 billion roubles to 0. billion, 0 million to 1. million). A sharp rise in education spending from.9% of the city budget in 011 to.1% in 01 also attracted attention when the report was published. On the whole, current socio-economic policies in are aimed at ensuring a comfortable living standard, increasing wages, boosting entrepreneurship, enhancing the city s investment appeal, Sources Statistical Yearbook of Russia 01 // Federal State Statistics Department of the Russian Federaion, December 01, Regions of Russia: Social and Economic Indicators: 01 // Federal State Statistics Department of the Russian Federation, January 01, Results of Socio-Economic Development of the City of up to 01 and the Main, // Head office

13 ECONOMIC REFERENCE and the Region is the administrative centre of the Region, which is located at the southern edge of the Russian Federation. The Region is one of the fastest-growing areas of Russia. The rapid rise in business activity and the increased attention paid nowadays towards the region owes much to the large infrastructure projects taking place connected to the Sochi Winter Olympics, the World Cup 018 matches will stage, and the construction of the South Stream gas pipeline. The region s involvement in large projects such as these is creating extra opportunities for intensive economic development. Territory The Region is located in the south-western part of the North Caucasus region. The predominant climate type is temperate continental, although it is subtropical in parts. A key factor Black Sea and the Azov Sea. The region covers 7,00 sq km, 0.% of Russia s total area. itself covers 81. sq km. Population and income levels. million people live in the Region,.1 million of whom are able to work, putting the region in third place s population chart. Unemployment stands at %, and the average monthly wage is 1,870 roubles ( 7). has a population of 81,00 and an unemployment rate of 0.%. The average monthly wage is 9,00 roubles ( 70). Transport Infrastructure The region is an important part of Russia s transport sector. Its advantageous location has shaped the development of its transport sector, primarily water transport - nine Azov and Black Sea ports currently the region, two of which are international (Sochi and ), and the region also contains,700 km of railway and,000 km of road. Two major pipelines of strategic importance pass through the region Blue Stream (maximum discharge: 1 billion cubic metres of gas per year) and Tengiz-Novorossiysk (maximum discharge: 7 million tonnes of oil per year). In December 01 construction began on the South Stream pipeline, one of the world s biggest infrastructure projects which is set to diversify transit routes of Russian gas towards Europe. Scheduled for completion at the end of 01, the pipeline s maximum discharge will be billion cubic metres of gas per year. Gross Regional Product The gross regional product (GRP) of the Region is 1 trillion 8 billion roubles ( billion, putting it in 8th place among Russia s regions), making up.% of the country s total. It grew by.% in. The Region's GRP (roubles) and the growth rate of GRP volume (%) 1 trln +,% bln 8 bln 80 bln 8 bln -1,8% +8,8% +10,% +10,7% 1 Data as for 1 January 01 / for 011 Nominal average monthly wage in large and mid-sized companies Data as for at 01 prices In real terms

14 Sectoral structure of the economy Trade accounts for 1.7% of the Region s GRP, construction for 1.%, transport and communications for 1.8%, agriculture for 1.% and the processing industry for 10.1%. Together, these Sectoral Structure of the Region sgrp 1 Foreign Investment The Region received $77 million ( 89 million) of foreign investment in % of Russia s total, putting the region in th place nationally. Foreign investment in Region ($) 011 as compared with bln +, % Trade bln +1,% 1. Trade 1,7%. Construction 1,%. Transport and communications 1,8%. Agriculture 1,%. Manufacturing 10,1%. Other 8,9% bln -,% -0,9% With 71. billion roubles ( 18. billion) in 011, or.8% of the country s total, the Region has the th highest retail trade turnover. This represented a growth of.% in 011. Non-food products accounted for.% of this. Wholesale trade turnover was 7 billion roubles ( 18. billion) in 011, putting the region in th place with 1.9% of the total. This represented a growth of 11% in 011. Major socio-economic development strategy for the Region up to 00 Some key long-term challenges for the region s socio-economic policy have been laid out in a 008 law, passed by the region s Legislative Assembly and entitled A Socio-Economic Development Strategy for the Region up to 00. The law sets out four strategic development areas for the region: 1. Major enhancement of quality of life and life expectancy Main tasks: extending average life expectancy, developing healthcare systems with both regional and services and social infrastructure.. Ensuring fast and sustainable economic growth Main tasks: Diversifying the region s economy, improving the region s business climate and investment appeal, developing industrial infrastructure.. Creating potential for accelerated development main competitive advantages. Main tasks: Enhancing the region s strategic management, spatial development and territorial Head office Data as for In real terms as a percentage of the region s total retail trade turnover

15 Sources Statistical Yearbook of Russia 01 // Federal State Statistics Department of the Russian Federation, December 01, Regions of Russia: Social and Economic Indicators: 01 // Federal State Statistics Department of the Russian Federation, January 01, Region law: A Socio-Economic Development Strategy for the Region up to 00 // Legislative Assembly of the Region, April 008, Main results of the socio-economic development of the city of in 01 // City Administration, 01, Head office

CHINESE INVESTMENT IN ECONOMIC DEVELOPMENT OF BAIKAL REGION OF RUSSIA *

CHINESE INVESTMENT IN ECONOMIC DEVELOPMENT OF BAIKAL REGION OF RUSSIA * Journal of Business Management and Research (JBMR) ISSN(P): 2250-2343; ISSN(E): Applied Vol. 5, Issue 1, Jun 2015, 33-38 TJPRC Pvt. Ltd. CHINESE INVESTMENT IN ECONOMIC DEVELOPMENT OF BAIKAL REGION OF RUSSIA

More information

1THE REPUBLIC 2 2ECONOMY 4 4INDUSTRIAL PARK 8 5THE LAND-USE MASTER PLAN 10 7BENEFITS 14 8 CONTENTS ONE-STOP OF BELARUS

1THE REPUBLIC 2 2ECONOMY 4 4INDUSTRIAL PARK 8 5THE LAND-USE MASTER PLAN 10 7BENEFITS 14 8 CONTENTS ONE-STOP OF BELARUS CONTENTS 1THE REPUBLIC 2 OF BELARUS 2ECONOMY 4 AND INDUSTRY 3 ATTRACTION 6 OF FOREIGN CAPITAL 9 ONE-STOP 10 18 STATION GUARANTEES 20 FOR INVESTORS 4INDUSTRIAL PARK 8 OVERVIEW 5THE LAND-USE MASTER PLAN

More information

Entrepreneurship Development Agency

Entrepreneurship Development Agency Entrepreneurship Development Agency Marjanishvili str. 5/16-18, 0102 Tbilisi Tel: +995 32 2 99 10 44 Web: www.qartuli.ge; www.enterprise.gov.ge Mail: info@enterprise.gov.ge Growing Economy Georgia Snapshot

More information

L A B O R M A R K E T B R I E F I N G S S E R I E S

L A B O R M A R K E T B R I E F I N G S S E R I E S L A B O R M A R K E T B R I E F I N G S S E R I E S LABOR MARKET INFORMATION FOR RESEARCHERS THE TRANSPORT & STORAGE SECTOR IN EUROPE T R A N S P O R T A N D S T O R A G E S E C T O R I N E U R O P E L

More information

Regional Development Institutions in Russia

Regional Development Institutions in Russia Regional Development Institutions in Russia Veronika Yu. Maslikhina Volga State University of Technology, Russian Federation Alexander V. Maslikhin Mari State University, Russian Federation Email: Maslihina_nika@mail.ru

More information

HOTEL DEVELOPMENT AND INVESTMENTS B.V. Company Appraisal Report

HOTEL DEVELOPMENT AND INVESTMENTS B.V. Company Appraisal Report HOTEL DEVELOPMENT AND INVESTMENTS B.V. Company Appraisal Report Türkiye Sınai Kalkınma Bankası A.Ş. 19 February 2014 DISCLAIMER This appraisal report ( Report ) has been issued for information purposes

More information

Kazakhstan: on the wave of structural reforms. Aset Irgaliyev, PhD First Deputy Chairman Economic Research Institute

Kazakhstan: on the wave of structural reforms. Aset Irgaliyev, PhD First Deputy Chairman Economic Research Institute Kazakhstan: on the wave of structural reforms Aset Irgaliyev, PhD First Deputy Chairman Economic Research Institute September 2015 New economic reality: transformation of global economy Over the last 12

More information

industrial production special economic zone

industrial production special economic zone industrial production special economic zone Pskov region, Russia 17.02.2015 Moglino Special economic zone 02. Pskov region on the map of Russia St Petersburg North-West Federal District Moscow 03. Geographical

More information

MINISTRY OF NATIONAL ECONOMY OF THE REPUBLIC OF KAZAKHSTAN INVESTMENT OPPORTUNITIES IN KAZAKHSTAN

MINISTRY OF NATIONAL ECONOMY OF THE REPUBLIC OF KAZAKHSTAN INVESTMENT OPPORTUNITIES IN KAZAKHSTAN MINISTRY OF NATIONAL ECONOMY OF THE REPUBLIC OF KAZAKHSTAN INVESTMENT OPPORTUNITIES IN KAZAKHSTAN London, 2014 Strategy Kazakhstan-2050 and Concept of entering top 30 most developed countries Kazakhstan

More information

MACROECONOMY OF THE RUSSIAN REGIONS NEIGHBORING WITH THE NEW EUROPEAN UNION

MACROECONOMY OF THE RUSSIAN REGIONS NEIGHBORING WITH THE NEW EUROPEAN UNION THE 43 RD CONGRESS OF THE EUROPEAN REGIONAL SCIENCE ASSOCIATION 27-30 AUGUST, 2003, JYVÄSKYLÄ, FINLAND Alexander Granberg, Council for the Study of Productive Forces, Moscow, Russia, e-mail: granberg@online.ru;

More information

Primorsky Krai The Land of Opportunities For Investors

Primorsky Krai The Land of Opportunities For Investors Primorsky Krai The Land of Opportunities For Investors $12,28 Gross regional product, bln UTC+11/MSK+7 Time zone Vladivostok Region center 1 913 037 Population 164,700 Area, km! Region Benefits for Investors

More information

TRANS-EUROPEAN NETWORKS GUIDELINES

TRANS-EUROPEAN NETWORKS GUIDELINES TRANS-EUROPEAN NETWORKS GUIDELINES The Treaty on the Functioning of the European Union (TFEU) retains the trans-european networks (TENs) in the areas of transport, energy and telecommunications, first

More information

Invest in Kazakhstan

Invest in Kazakhstan Invest in Kazakhstan 1 Investment attractiveness of Kazakhstan Why Kazakhstan Investors are attracted to Kazakhstan for a variety of reasons Ease of Doing Business According to the 2016 World Bank report

More information

Business Environment: Russia

Business Environment: Russia Business Environment: Russia Euromonitor International 13 April 2010 Despite the economic recession of 2009, a recovery is expected in 2010. The business environment remains challenging due to over-regulation,

More information

CMA Analysis of the Union Budget

CMA Analysis of the Union Budget CMA Analysis of the Union Budget 2018-19 On the macroeconomic front, post the uncertainties created by demonetisation and the efforts involved to streamline GST implementation, the recovery of economy

More information

Strategic Investment Projects of Saint-Petersburg and Developing of Automobile Cluster

Strategic Investment Projects of Saint-Petersburg and Developing of Automobile Cluster Strategic Investment Projects of Saint-Petersburg and Developing of Automobile Cluster Committee for Investments and Strategic Projects The Government of Saint-Petersburg MUNCHEN, June 27, 2008 A city

More information

One belt one Route (OBOR) Initiative: Objectives, progress and future outlook. Marcus Meissner Managing Partner

One belt one Route (OBOR) Initiative: Objectives, progress and future outlook. Marcus Meissner Managing Partner One belt one Route (OBOR) Initiative: Objectives, progress and future outlook Marcus Meissner Managing Partner Agenda 1 CAMELOT Who we are? 2 Setting Stage for OBOR 3 Current Status of OBOR 4 Impacts on

More information

BATUMI BUSINESS TOUR 27 SEPTEMBER - 01 OCTOBER 2016 BUSINESS TOUR

BATUMI BUSINESS TOUR 27 SEPTEMBER - 01 OCTOBER 2016 BUSINESS TOUR BATUMI BUSINESS TOUR 27 SEPTEMBER - 01 OCTOBER 2016 BUSINESS TOUR GENERAL INFORMATION ABOUT GEORGIA Area: 69,700 sq km Population: 3.7 mln Life expectancy: 75 years Official language: Georgian Literacy:

More information

Investment potential of Samarkand SAMARKAND 2018

Investment potential of Samarkand SAMARKAND 2018 Investment potential of Samarkand SAMARKAND 2018 The main facts about Samarkand Area 16.8 thns. km 2. Gold Uranium Population 3,7 million Copper Zinc Gas/oil Density Languages spoken Natural resources

More information

Chapter 1. General Provisions

Chapter 1. General Provisions FEDERAL LAW NO. 116-FZ OF JULY 22, 2005 ON SPECIAL ECONOMIC ZONES IN THE RUSSIAN FEDERATION (with the Amendments and Additions of June 3, December 18, 2006, October 30, 2007) Adopted by the State Duma

More information

Breakdown of SME activity by sector. Goskmstat* (as of the beginning of 1995, for Russia as a whole) Agriculture. Construction

Breakdown of SME activity by sector. Goskmstat* (as of the beginning of 1995, for Russia as a whole) Agriculture. Construction Diagram 1 Breakdown of SME activity by sector Goskmstat* (as of the beginning of 1995, for Russia as a whole) Agriculture Construction Transport and communications Industry Housing, public utilities and

More information

Halifax Economic Report

Halifax Economic Report Halifax Economic Report OCTOBER 216 J.K. MacAdam Economist and Project Development Specialist Highlights 216 continues to be a strong year for Halifax, driven by growth in shipbuilding, construction projects,

More information

Burgas Municipality Development Plan Resume Burgas, 2014

Burgas Municipality Development Plan Resume Burgas, 2014 Burgas Municipality Development Plan 2014-2020 Resume Burgas, 2014 National Operational Programmes for the period 2014-2020: OPRG Operational Programme Regions in Growth OPE Operational Programme Environment

More information

KINROSS GOLD CORPORATION

KINROSS GOLD CORPORATION October 5 2016 MINEX KINROSS GOLD CORPORATION Mining: Benefits for the Development of the Far East of Russia Lou Naumovski, Vice President & General Director, Moscow Representative Office 1 1 CAUTIONARY

More information

INVESTMENT OPPORTUNITIES IN CHINA-RUSSIA-EUROPE ROUTE Presentation to UNECE PPP Conference Geneva, May 2018

INVESTMENT OPPORTUNITIES IN CHINA-RUSSIA-EUROPE ROUTE Presentation to UNECE PPP Conference Geneva, May 2018 INVESTMENT OPPORTUNITIES IN CHINA-RUSSIA-EUROPE ROUTE 2018 Presentation to UNECE PPP Conference Geneva, May 2018 PROPOSITION INFRAKAP HAS LAUNCHED THE EURASIAN INFRASTRUCTURE VALUE FUND FOR SOPHISTICATED

More information

UNCTAD World Investment Forum, Ministerial Round Table, 16/10/2014, 3 to 6 pm, Room XX, Palais des Nations

UNCTAD World Investment Forum, Ministerial Round Table, 16/10/2014, 3 to 6 pm, Room XX, Palais des Nations How can policies be deployed to engage private sector funding for the SDGs? With a view to maximizing the objectives of sustainable development by the private sector we may point out the following policies

More information

years Ekaterina Lebedeva

years Ekaterina Lebedeva 95 years Saint-Petersburg: new dimension of business cooperation Ekaterina Lebedeva Vice-President Saint-Petersburg Chamber of Commerce and Industry 95 years AGENDA I. About Saint-Petersburg II. Doing

More information

THE REPUBLIC OF ASHKORTOSTAN

THE REPUBLIC OF ASHKORTOSTAN THE REPUBLIC OF ASHKORTOSTAN THE HEART OF THE SOUTHERN URALS EUROPE Ufa. ASIA THE REPUBLIC OF BASHKORTOSTAN Geographical location of the republic: on the border of Europe and Asia POPULATION AND AREA OF

More information

INDIA AT A GLANCE. Document created by Anil K Goyal & Associates

INDIA AT A GLANCE. Document created by Anil K Goyal & Associates 1 INDIA AT A GLANCE Geographically, the Indian subcontinent is a peninsular region in south-central Asia, rather resembling a diamond which is delineated by the Himalayas in the north. The peninsula is

More information

October Sanctions Guide. The Impact of Sanctions on Russia. Chris Weafer Senior Partner, Macro-Advisory Ltd

October Sanctions Guide. The Impact of Sanctions on Russia. Chris Weafer Senior Partner, Macro-Advisory Ltd October 2017 Sanctions Guide The Impact of Sanctions on Russia Chris Weafer Senior Partner, Macro-Advisory Ltd cjw@macro-advisory.com 1 Summary Sanctions have created a great deal of uncertainty in the

More information

Special Economic Zones as a Trade Facilitation Measure. Asia Pacific Trade Facilitation Forum 2011

Special Economic Zones as a Trade Facilitation Measure. Asia Pacific Trade Facilitation Forum 2011 Special Economic Zones as a Trade Facilitation Measure Asia Pacific Trade Facilitation Forum 2011 SEZs presentation content: 1. What are SEZs and what role do they play? 2. Experience with SEZs and emerging

More information

Takeouts: Investing in non-core infrastructure

Takeouts: Investing in non-core infrastructure Takeouts: Investing in non-core infrastructure The hunt for alternatives outside of the core infrastructure sectors has become increasingly fierce. At inspiratia s Investing in non-core infrastructure

More information

Israel. Israel: regional, urban and rural development policies

Israel. Israel: regional, urban and rural development policies Key facts and issues Israel Israel is a unitary country with a population of 8.4 million. Its subnational governments are responsible for 13.4 of public expenditures, ranking Israel the 8 th least decentralised

More information

LUXEMBOURG: YOUR RELIABLE PARTNER DECEMBER 17, 2014

LUXEMBOURG: YOUR RELIABLE PARTNER DECEMBER 17, 2014 CHAMBER OF COMMERCE OF THE GRAND DUCHY OF LUXEMBOURG LUXEMBOURG: YOUR RELIABLE PARTNER DECEMBER 17, 2014 11 CHAMBER OF COMMERCE OF THE GRAND-DUCHY OF LUXEMBOURG THE LUXEMBOURG CHAMBER OF COMMERCE 22 CHAMBER

More information

Economic Performance. Economic Growth 3.4% in 2016 from 1.1% in Increase of new registered domestic and foreign businesses

Economic Performance. Economic Growth 3.4% in 2016 from 1.1% in Increase of new registered domestic and foreign businesses Economic Performance Economic Growth 3.4% in 2016 from 1.1% in 2013 4 3.5 3 2.5 2 1.5 1 0.5 0 1.1 Economic growth in 2016-3,4% compared to 2,6% in 2015; one of highest economic growth in the region Source:

More information

Housing (Mortgage) Loan Market in 2014

Housing (Mortgage) Loan Market in 2014 Housing (Mortgage) Loan Market in 214 In 214, the housing (mortgage) loan market demonstrated the following trends. The number of credit institutions granting housing (mortgage) loans (hereinafter, HMLs)

More information

WP1: Synthesis report. Task 3 Country Report Luxembourg

WP1: Synthesis report. Task 3 Country Report Luxembourg WP1: Synthesis report Ex post evaluation of Cohesion Policy programmes 2007-2013, focusing on the European Regional Development Fund (ERDF) and the Cohesion Fund (CF) Task 3 Country Report Luxembourg September

More information

European Commission, DG Regional and Urban Policy. Regional Policy

European Commission, DG Regional and Urban Policy. Regional Policy European Commission, DG and Urban EU Macro-regional strategies Definition An integrated framework, endorsed by the European Council, relating to member states and non-eu countries in the same geographical

More information

Russia Economic Outlook

Russia Economic Outlook WELCOME Russia Economic Outlook Growth in Transition Chris Weafer Senior Partner, Macro-Advisory Ltd cjw@macro-advisory.com Growth in transition The economy recorded very rapid growth, averaging gabove

More information

AM005e-X 1 AZERBAIJAN

AM005e-X 1 AZERBAIJAN AM005e-X 1 AZERBAIJAN Dear participants of the Annual Meeting, Ladies and Gentlemen! First of all, I would like to express my gratitude to our Georgian friends and colleagues, as well as the Georgian authorities

More information

Eesti Pank ESTONIA S BALANCE OF PAYMENTS FOR 2015

Eesti Pank ESTONIA S BALANCE OF PAYMENTS FOR 2015 Eesti Pank ESTONIA S BALANCE OF PAYMENTS FOR 215 216 Eesti Pank, 215 Address Estonia pst 13 1595 Tallinn Estonia Telephone +372 668 719 E-mail info@eestipank.ee Website www.eestipank.ee ISSN 1736-7859

More information

Great Stone Industrial Park: Investment opportunities on Silk Road Economic Belt

Great Stone Industrial Park: Investment opportunities on Silk Road Economic Belt Great Stone Industrial Park: Investment opportunities on Silk Road Economic Belt About the park GREAT STONE industrial park: - Territorial unit of the Republic of Belarus; - Free economic zone; - Special

More information

Mortgage Loan Market in 2016

Mortgage Loan Market in 2016 Mortgage Loan Market in 216 In 216, the mortgage loan market demonstrated the following trends. The number of credit institutions granting mortgage loans (MLs) decreased against the backdrop of a decline

More information

ETHIOPIA. Agribusiness. Procedures and Opportunities

ETHIOPIA. Agribusiness. Procedures and Opportunities ETHIOPIA Agribusiness Procedures and Opportunities Ethiopia: Country Profile Ethiopia Brief Country Profile Ethiopia: Country Profile Rapid and sustainable economic growth One of the fastest growing economies

More information

The Bretton Woods Committee

The Bretton Woods Committee The Bretton Woods Committee Symposium Strengthening Capital Markets in Emerging Market Countries The Russian Capital Market Dr. Vladimir Kvint Washington, DC January 25, 2008 1 Emerging Market Definition

More information

Russia as a key player on the world energy market

Russia as a key player on the world energy market Russia as a key player on the world energy market Elena Telegina Director of the Institute of Geopolitics and Energy Security of Russia Member of the Board, Russian Union of Oil Exporters Doctor of Economics,

More information

Operational Programme INFRASTRUCTURE AND ENVIRONMENT The Ministry of Regional Development 20 October 2008,

Operational Programme INFRASTRUCTURE AND ENVIRONMENT The Ministry of Regional Development 20 October 2008, Operational Programme INFRASTRUCTURE AND ENVIRONMENT 2007-2013 The Ministry of Regional Development 20 October 2008, National Cohesion Strategy (NCS)/National Strategic Reference Framework (NSRF) 2007-2013

More information

Business environment in Koknese

Business environment in Koknese Business environment in Koknese ABOUT LATVIA #Top 5 wage adjusted labour productivity in manufacturing within the EU28* #22nd in the World and 9th in the EU28 in the ease of doing business** Territory

More information

Sustained and sustainable economic growth in Bucharest-Ilfov Region. Liviu Rancioaga, ADRBI

Sustained and sustainable economic growth in Bucharest-Ilfov Region. Liviu Rancioaga, ADRBI Sustained and sustainable economic growth in Bucharest-Ilfov Region Liviu Rancioaga, ADRBI Zoom in on Romania ROMANIA Key figures Population: 19,9 mil citizens GDP: 166 bill. Euros* GDP Growth rate, 2015:

More information

Guiding Your Success

Guiding Your Success Guiding Your Success UNITED ARAB EMIRATES Centrally Located at the Crossroads of East and West London 8hrs Paris 8hrs Berlin 8hrs Moscow 5hrs Astana 5hrs Beijing 9hrs Los Angeles 16hrs New York 13hrs Italy

More information

Russian Construction Material Market Research November 28, 2007

Russian Construction Material Market Research November 28, 2007 522 SW 5 th Ave., Suite 708 Portland, OR, 97205, USA Toll Free: 877-WITH-ACG Direct Line: 503-419-6431 info@aginskyconsulting.com www.aginskyconsulting.com Russian Construction Material Market Research

More information

STATEMENT. Evaluation of the fair value of the investment properties owned by Sponda PLC Moscow, Russia. Sponda Public Limited Company

STATEMENT. Evaluation of the fair value of the investment properties owned by Sponda PLC Moscow, Russia. Sponda Public Limited Company STATEMENT Evaluation of the fair value of the investment properties owned by Sponda PLC Moscow, Russia Sponda Public Limited Company Date of Valuation: December 31, 2018 STATEMENT 1 EVALUATION OF THE FAIR

More information

Joint Operational Programme

Joint Operational Programme 17.12.2015 Joint Operational Programme 2014-2020 The Programme is co-financed by the EU, the Russian Federation and Finland 2 Table of Content 1. INTRODUCTION... 3 2. DESCRIPTION OF THE PROGRAMME AREA...

More information

Investment Proposal: Industrial park «Cherepovets»

Investment Proposal: Industrial park «Cherepovets» CHEREPOVETS: Warm Heart of the Russian North FOUNDERS: CHEREPOVETS MAYOR S OFFICE Investment Proposal: Industrial park «Cherepovets» 2016 2017 Инвестиционный потенциал города Череповца: конкурентные преимущества

More information

THE ROLE OF INVESTMENT IN A SUSTAINABLE DEVELOPMENT OF THE ECONOMY OF LATVIA ABSTRACT

THE ROLE OF INVESTMENT IN A SUSTAINABLE DEVELOPMENT OF THE ECONOMY OF LATVIA ABSTRACT УПРАВЛЕНИЕ И УСТОЙЧИВО РАЗВИТИЕ 1-2/25(12) MANAGEMENT AND SUSTAINABLE DEVELOPMENT 1-2/25(12) THE ROLE OF INVESTMENT IN A SUSTAINABLE DEVELOPMENT OF THE ECONOMY OF LATVIA Maija Senfelde Technical University

More information

INCOME AND EXPENDITURE: PHILIPPINES. Euromonitor International March 2015

INCOME AND EXPENDITURE: PHILIPPINES. Euromonitor International March 2015 INCOME AND EXPENDITURE: PHILIPPINES Euromonitor International March 2015 I N C O M E A N D E X P E N D I T U R E : P H I L I P P I N E S P a s s p o r t I LIST OF CONTENTS AND TABLES Chart 1 SWOT Analysis:

More information

Eesti Pank ESTONIA S BALANCE OF PAYMENTS FOR 2016

Eesti Pank ESTONIA S BALANCE OF PAYMENTS FOR 2016 Eesti Pank ESTONIA S BALANCE OF PAYMENTS FOR 216 217 The Balance of Payments Yearbook is a longer analysis of annual external sector statistics, which includes a number of graphs. In addition, the yearbook

More information

Implementation of Water Framework and Flood Directive in Finland. Markku Maunula Finnish Environment Institute

Implementation of Water Framework and Flood Directive in Finland. Markku Maunula Finnish Environment Institute Implementation of Water Framework and Flood Directive in Finland Markku Maunula Finnish Environment Institute Finland is rich in freshwater About 11 % of surface is covered by water The number of lakes

More information

Screening report Turkey

Screening report Turkey 20 June 2007 Screening report Turkey Chapter 21 Trans-European networks Date of the screening meetings: Explanatory meeting: 30 June 2006 Bilateral meeting: 29 September 2006 Turkey: chapter 21 Trans-European

More information

INVESTMENT environments IN VIETNAM

INVESTMENT environments IN VIETNAM VIETNAM The Economic and Cultural Office in Taipei INVESTMENT environments IN VIETNAM Mr. Bui Trong Dinh Assistant to the Head Office / in charge of investment Taipei - October 2010 1 VIETNAM investment

More information

Housing (Mortgage) Loan Market in 2015

Housing (Mortgage) Loan Market in 2015 Housing (Mortgage) Loan Market in 215 In 215, the housing (mortgage) loan market demonstrated the following trends. The number of credit institutions granting housing (mortgage) loans (hereinafter, HMLs)

More information

Dubai s Growth Drivers

Dubai s Growth Drivers Dubai s Growth Drivers Presentation at the Dubai Economic Outlook 2012 Dr. Nasser Saidi, Chief Economist, DIFC 15 th February, 2012 Agenda 1. BACKGROUND 2. MACROECONOMIC & STRUCTURAL DRIVERS 3. BUILDING

More information

European attractiveness survey 2016 Russia findings

European attractiveness survey 2016 Russia findings European attractiveness survey 2016 Russia findings European context: Western Europe continues to be the most appealing FDI destination in Europe Despite a number of geopolitical risks, investors continue

More information

Krakow Vision. Strategic Plan

Krakow Vision. Strategic Plan Krakow Vision Strategic Strategic Strategic Objective I Objective II Objective III Local Authority Mission Strategic Plan Operational Operational Operational Objectives Objectives Objectives Sector Programmes

More information

SECTOR ASSESSMENT (SUMMARY): TRANSPORT (ROAD TRANSPORT [NONURBAN])

SECTOR ASSESSMENT (SUMMARY): TRANSPORT (ROAD TRANSPORT [NONURBAN]) CAREC Corridors 1 and 6 Connector Road (Aktobe Makat) Reconstruction Project (RRP KAZ 48424) SECTOR ASSESSMENT (SUMMARY): TRANSPORT (ROAD TRANSPORT [NONURBAN]) 1. Sector Performance, Problems, and Opportunities

More information

Euroasian Leasing Company Dushanbe Business Forum 2013

Euroasian Leasing Company Dushanbe Business Forum 2013 Euroasian Leasing Company Dushanbe Business Forum 2013 1 Country Overview Tatarstan Volga Federal District Tatarstan Profile (international rating B a1/bbb-) Russian Federation Socio-Economic Indicators,

More information

10 reasons to invest in France

10 reasons to invest in France October 2009 10 reasons to invest in France IFA Keys to understanding the new France 2 1 An economy with a global outlook Foreign companies employ over 2.8 million people in France at 23,000 different

More information

II. ESTONIAN BALANCE OF PAYMENTS FOR 2001

II. ESTONIAN BALANCE OF PAYMENTS FOR 2001 18 II ESTONIAN BALANCE OF PAYMENTS FOR 2001 In 2001 a rapid slowdown of economic growth was registered with all Estonia s major export partners The negative import growth of the euro area Finland and Sweden

More information

Consulate General of India Durban. Trade and Investment Opportunities in India. Focus Area : Medical Tourism

Consulate General of India Durban. Trade and Investment Opportunities in India. Focus Area : Medical Tourism Consulate General of India Durban Trade and Investment Opportunities in India Focus Area : Medical Tourism Economy $2.45 trillion economy. Economic Growth: 7.9% (2015-16); 7.1% in (2016-17) Sectoral contribution

More information

The European Investment Bank Group in Bulgaria

The European Investment Bank Group in Bulgaria The European Investment Bank Group in Bulgaria We have helped create over 275 000 jobs since 2008 Total lending billion 5 since 1992 years Vazil Hudák, Vice-President of the European Investment Bank For

More information

Why Smart Investors Choose France

Why Smart Investors Choose France Why Smart Investors Choose France SUMMARY An attractive place to do business At the heart of the world s largest market, the European Union A productive and dynamic workforce Low set-up costs An innovative

More information

Introduction to NETHERLANDS

Introduction to NETHERLANDS Introduction to NETHERLANDS The Netherlands is a small, densely populated country, with 504 persons per km². Only 50% of its territory is more than one metre above sea level. It is among the richest countries

More information

Business environment & FDI opportunities in Slovenia

Business environment & FDI opportunities in Slovenia Business environment & FDI opportunities in Slovenia 4Qs4U Four Qs For You Ph.D. Zoran Stamatovski, MBA, Head of Division for Foreign Direct Investments and Internationalization SLOVENIA: Dynamic EU member

More information

National Agriculture and Rural Development Plan

National Agriculture and Rural Development Plan MEASURE 2.3. DEVELOPMENT AND IMPROVEMENT OF THE RURAL INFRASTRUCTURE Rationale The development of the private economic activities and the improvement of the living conditions for the population in the

More information

Bucharest, 21 May 2016 FINANCING PRODUCTS FOR EU FUNDS PROJECTS

Bucharest, 21 May 2016 FINANCING PRODUCTS FOR EU FUNDS PROJECTS Bucharest, 21 May 2016 FINANCING PRODUCTS FOR EU FUNDS PROJECTS SUMMARY I) UNICREDIT BANK HISTORY IN FINANCING EU FUNDS PROJECTS II) 2014 2020 BUDGET ALLOCATIONS III) UNICREDIT BANK PRODUCTS IV) UNICREDIT

More information

TAKING ADVANTAGE OF TRENDS IN THE INDUSTRIAL SECTOR

TAKING ADVANTAGE OF TRENDS IN THE INDUSTRIAL SECTOR URB Investments Limited ABN: 89 615 320 262 Quarterly report TAKING ADVANTAGE OF TRENDS IN THE INDUSTRIAL SECTOR This Quarterly Report focuses on themes positively impacting Australia s industrial sector

More information

UPDATED BRIEFING NOTE

UPDATED BRIEFING NOTE UPDATED BRIEFING NOTE Transport Aspects of Budget 2018 and Mid-Term Review of the Capital Plan Budget 2018 The general taxation changes have already been widely reported in media coverage of Budget 2018

More information

SMART M AU R I TI U S. Live. Invest. Work. Play

SMART M AU R I TI U S. Live. Invest. Work. Play SMART M AU R I TI U S Live. Invest. Work. Play The Smart City Scheme is an ambitious economic development programme aimed at consolidating the Mauritian International Business and Financial Hub by creating

More information

Hong Kong & Mainland China News May-2016

Hong Kong & Mainland China News May-2016 Hong Kong & Mainland China News May-2016 HK all set for Shenzhen stock connect: CY Leung By news.rthk.hk Tuesday, May 10, 2016 The Chief Executive has expressed hope that the State Council can make an

More information

REPUBLIC OF TURKEY PRIME MINISTRY

REPUBLIC OF TURKEY PRIME MINISTRY REPUBLIC OF TURKEY PRIME MINISTRY Investment Support and Promotion Agency of Turkey ISPAT Ismail Bitirim Senior Project Director Investment Climate in Turkey Beautiful landscape... Combination of contemporary

More information

Barents Monitoring. Arkhangelsk Oblast first half The Social-Economic Development of Arkhangelsk Oblast in January-June

Barents Monitoring. Arkhangelsk Oblast first half The Social-Economic Development of Arkhangelsk Oblast in January-June Barents Monitoring Arkhangelsk Oblast first half 2010 The Social-Economic Development of Arkhangelsk Oblast in January-June 2010 1 Photo by Trude Pettersen/BarentsObserver.com TRENDS Positive signals in

More information

Latvia's Macro Profile January 2019

Latvia's Macro Profile January 2019 Latvia's Macro Profile January 2019 Incl. macro comparison of LV, EE and LT. Latvia's Economic Developments and Outlook Last year's growth robust and balanced Latvia's economic growth was robust and balanced

More information

Strategy for Reconstruction and Future Development

Strategy for Reconstruction and Future Development Strategy for Reconstruction and Future Development 1. Conceptual Framework The huge flood crisis in Thailand this year brought about the great impact on the country s economy and competitiveness of production

More information

SECTOR OVERVIEW. A. Economic Overview

SECTOR OVERVIEW. A. Economic Overview Proposed Loan Program for Clean Bus Leasing (RRP PRC 46928) A. Economic Overview SECTOR OVERVIEW 1. Economic growth in the People s Republic of China (PRC) has averaged 9.9% annually since reforms to open

More information

DUBLIN BY NUMBERS ECONOMIC ACTIVITY, TAX & EMPLOYMENT. 47% OF ALL JOBS nationally are located in the Greater Dublin Area

DUBLIN BY NUMBERS ECONOMIC ACTIVITY, TAX & EMPLOYMENT. 47% OF ALL JOBS nationally are located in the Greater Dublin Area HY UB IN? ECONOMIC OVERVIEW Ireland s economy continues to perform especially well with output now rising at a faster annual rate than any other country in the EU. Underpinning this is the robust performance

More information

NDP/NSS- Regional Perspective

NDP/NSS- Regional Perspective NDP/NSS- Regional Perspective Presentation By: Deirdre Scully, Regional Planning Guidelines Implementation Officer for Dublin and Mid-East Regional Authorities. Presentation Format RPGs- Current status

More information

GOOD PRACTICE. Attracting FDIs and domestic investments by Katowice Special Economic Zone - systematic approach

GOOD PRACTICE. Attracting FDIs and domestic investments by Katowice Special Economic Zone - systematic approach GOOD PRACTICE Attracting FDIs and domestic investments by Katowice Special Economic Zone - systematic approach ORGANISATION: Katowice Special Economic Zone TOPIC: Attraction of investment DETAILED DESCRIPTION

More information

Brokerage and Capital Markets

Brokerage and Capital Markets Brokerage and Capital Markets The Dubai International Financial Centre (DIFC) is the financial hub for the Middle East, Africa and South Asia, providing a world-class platform connecting this region s

More information

REPUBLIC OF TURKEY PRIME MINISTRY

REPUBLIC OF TURKEY PRIME MINISTRY REPUBLIC OF TURKEY PRIME MINISTRY Investment Support and Promotion Agency of Turkey ISPAT Investment Climate in Turkey Beautiful landscape Combination of contemporary and traditional Home of many successful

More information

Macroeconomic Review of Latvia January 2014

Macroeconomic Review of Latvia January 2014 Macroeconomic Review of Latvia January 2014 In Focus On 14 January, after a six-year break, Latvia successfully issued seven-year bonds in the amount of EUR 1 billion with an interest rate of 2.625% and

More information

Strategic benefits Building bridges, shaping globalisation

Strategic benefits Building bridges, shaping globalisation Strategic benefits Building bridges, shaping globalisation An even closer relationship Taking a stand for open trade Working together to shape globalisation Strengthening our ties with Asia The EU-Singapore

More information

Gibraltar Tax Residency

Gibraltar Tax Residency Gibraltar Tax Residency Highly Personalised Expertise Gibraltar Tax Residency Whitmill has been based in Gibraltar since 2009 providing services to both Private Clients through its Trust and Company Services

More information

Alberta led all Provinces in Economic Growth in 2014

Alberta led all Provinces in Economic Growth in 2014 ECONOMIC COMMENTARY Alberta led all Provinces in Economic Growth in 2014 December 9, 2015 Highlights: Alberta led all provinces in economic growth in 2014 as Alberta s real gross domestic product rose

More information

ECONOMICALLY ACTIVE POPULATION 50% SME

ECONOMICALLY ACTIVE POPULATION 50% SME Welcome to Astana FROM 1997 201 6 GRP by 187 times In per capita by 64 times INVESTMENTS by 40 times NUMBER of SMEs by 21 times ANNUAL TAX reached 1 trillion RESIDENTIAL PROPERTY by 4 times In 2016 POPULAT

More information

A Fragile or Sustained Recovery? 2009 Economic Review in the Yangtze River Delta Region 1 (YRD Region) (with latest Swiss Presence Data)

A Fragile or Sustained Recovery? 2009 Economic Review in the Yangtze River Delta Region 1 (YRD Region) (with latest Swiss Presence Data) Consulate General of Switzerland Shanghai Issue No. 2 April 2010 A Fragile or Sustained Recovery? 2009 Economic Review in the Yangtze River Delta Region 1 (YRD Region) (with latest Swiss Presence Data)

More information

Housing (Mortgage) Loan Market in the First Half of 2015

Housing (Mortgage) Loan Market in the First Half of 2015 Housing (Mortgage) Loan Market in the First Half of 215 In the first half of 215, the housing (mortgage) loan market demonstrated the following trends. The number of credit institutions granting housing

More information

DISCOVER YOUR WAY TO AZERBAIJAN

DISCOVER YOUR WAY TO AZERBAIJAN DISCOVER YOUR WAY TO AZERBAIJAN VALUE PROPOSITION PROVEN TRACK RECORD AND STABILITY STRATEGIC LOCATION FAVOURABLE BUSINESS CLIMATE QUALIFIED WORK FORCE VALUE PROPOSITION PROVEN TRACK RECORD AND STABILITY

More information

Victorian Economic Outlook

Victorian Economic Outlook Tuesday, August 1 Victorian Economic Outlook Summary The Victorian economy has had its fair share of headwinds in recent years, but the tide may be turning. For some time, we have been optimistic that

More information

Azerbaijan Country Presentation

Azerbaijan Country Presentation Azerbaijan Country Presentation Rufat Mammadov AZPRPOMO Favourable Location Azerbaijan is the country on the crossroads of Eurasia I Establishment: 28 May 1918 I Independence: 18 October 1991 I Official

More information

At the heart of Europe: The Luxembourg Economy in a nutshell. Jeannot Erpelding, Director International Affairs, Chamber of Commerce

At the heart of Europe: The Luxembourg Economy in a nutshell. Jeannot Erpelding, Director International Affairs, Chamber of Commerce At the heart of Europe: The Luxembourg Economy in a nutshell Jeannot Erpelding, Director International Affairs, Chamber of Commerce Agenda Luxembourg: Country & Economy snapshot Key sectors 2 Country snapshot

More information