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The best

The fourth VEF is traditionally represented by the most significant investment projects of the Far East

The best
The presentation of the best investment projects of the Far East has already become a tradition of the Eastern Economic Forum (WEF). Annually, during the competitive selection by the Ministry for the Development of the Far East, the most significant and interesting initiatives of investors are determined. Selection criteria are the stage of project implementation, its importance for the development of the regional economy, the use of new technologies in the project and, accordingly, the creation of new high-tech jobs. 

An important criterion was also the support of investor actions by authorities of different levels - the availability of letters of recommendation. For the first time in the course of the selection, the construction of social infrastructure was taken into account during the implementation of the project - this is a new focus in the development of the Far East, and since this year the federal budget allocates serious funds for the modernization of social facilities in "growth centers" throughout the Far Eastern Federal District. 

In 2018, according to the data of the Ministry of Regional Development, the initiators of the projects were 179 applications. The largest number of applications was filed by the Republic of Sakha (Yakutia) - 52. The top three also included the Khabarovsk Territory (31 application) and the Primorsky Territory (30 applications). Most of the projects are related to the tourism industry, agriculture, transport and logistics. 

In addition to the presentation of investment projects, a live presentation of the governor or deputy governor from each region will be arranged on the site, which will tell about the main vectors of development of its constituent entity, steps to meet investors and fund key projects. Within the framework of the same event, presentations of the best projects will take place - the winners of the "Far Eastern Hectare" ideas and projects contest and the projects of the EMBA graduates of the FEFU. The presentation zone will work on the 6 floor of the building. All days of the WEF: from 10 to 17 hours 11 September, from 10 to 14 hours 12 September and from 10 to 12 hours 13 September. 

It should be noted that last year 148 projects were submitted to the Ministry of Regional Development for consideration. The greatest activity was then shown by investors from the Primorsky Territory. As a result of the competitive selection, 32 was identified as the most significant project for the Far East. 

Projects to be presented at the WEF:
Methanol plant
Investor: OJSC Technolizing
Project goal: creation of a methanol production facility with a capacity of 1 million tons per year 
Region: Amur Region, Skovorodino
Description of the project: the project is implemented on the basis of the existing oil terminal. The maximum use of the existing infrastructure and the preservation of jobs are envisaged. The budgetary effect from the project implementation to 2030 year is more than 10 billion rubles, the contribution to GRP of the region is more than 70 billion rubles. More than 200 jobs will be created. 
Investments: 44 billion rubles

Amur Gas Processing Plant
Investor: OOO Gazprom pererabotka Blagoveshchensk
Project goal: Construction of the Amur Gas Processing Plant
Region: Amur Region
Project Description: The Amur Gas Processing Plant will become the largest natural gas processing enterprise in Russia and the second largest in the world. Its design capacity will be up to 42 billion cubic meters. m of gas per year. The GEA also includes the world's largest production of helium - up to 60 million cubic meters. m per year. 
The peak of construction work will be at 2019-2020 years.
Investment: 948 billion rubles

Factory for the production of wooden toys
Investor: OOO Eco Tois
The purpose of the project: the production of children's educational toys made of wood
Region: Primorsky Krai, Chuguevka village
Description of the project: the enterprise is aimed at creating and promoting in the world market a recognizable Russian brand of environmentally friendly toys made of natural wood "Kubi Dubi" and the gradual replacement of imported toys in the Russian market. The company already employs 50 people
Investments: 0,536 billion rubles

Center for Proton-Radiation Therapy
Initiator: Khabarovsk Krai Government
Project goal: creation of a proton beam therapy center 
Region: Khabarovsk Region, Khabarovsk
Description of the project: The project involves the enlargement of the existing nuclear medicine center in the Khabarovsk Territory, the development and availability of high-tech medical care for cancer patients. The construction of the center is planned for 2019–2022.
Investment: 5,7 billion rubles

Published in the journal "Economics of the Far East"
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