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2008 March 7   10:07

Japanese investors are interested in Primorye projects

The Japanese companies are searching for an opportunity to deliver the component parts to their factories in Russia through the sea port of Nakhodka. Oleg KOLYADIN, the Head of the Nakhodka Municipal District and Boris GALKIN, the first Deputy discussed this issue at the meeting with representatives of the Japanese Association on Trade with Russia (ROTOBO).

As PrimaMedia was informed in the press-service of the Nakhodka Municipal District, the ROTOBO delegation paid an official visit to the Primorsky Territory. Being in Nakhodka the visitors showed interest in the port and railway infrastructure and the prospects of the traffic center.

According to Tsakofumi NAKAI, the senior officer of the ROTOBO Research Institute, there have been positive dynamics in the Russian - Japanese investment cooperation lately. The amount of the Japanese investments into the Russian economy came to 210 billion USD in 2007 while it used to be only 50 billion USD in 2002. Today the largest investment projects are realized by Toyota, Nissan, and Suzuki companies in St. Petersburg, and in Tatarstan by Isuzu Company.

The further development of these projects depends on the western Russian ports handling capacity, if they are capable to provide the transshipping the whole volume of the component parts from Japan to Russia. Tsakofumi NAKAI believes that the port of St. Petersburg operates at the limit of its capacity. Therefore the Japanese party searches for an opportunity to turn the cargo traffic from the western to the eastern ports of Russia, especially the port of Nakhodka. From Nakhodka the cargo will be shipped to the destination by the Trans-Siberian Railway.

In this connection Oleg KOLYADIN, the Head of Nakhodka, told about the Russian largest port trends. The freight turnover of the port Vostochnyi is growing, a special economic zone is to be created there as well. The representatives of the Japanese Association on Trade with Russia (ROTOBO) also knew about other large-scale projects that either have started or will start in Nakhodka in near future. That is the construction of oil port in Kozmino, the endpoint of the oil pipeline "Eastern Siberia - the Pacific Ocean", oil refining plant and other objects.

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