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Galushka: Asia-Pacific countries are ready to invest about 150 billion dollars in the Far East

Russian Minister for the Development of the Far East Alexander Galushka said in an interview with China Economic Net that, according to conservative estimates, about 150 billion US dollars could be invested by organizations from the Asia-Pacific region in the Far East by 2020.

For the development of the region, the Ministry sets itself the task of intensifying cooperation with Asian investors, improving the investment climate and making changes to the legislative framework. Already, the Ministry of Development and Development of Russia, together with the Development Bank of China, is exploring the possibilities of expanding investment cooperation. In addition, the Minister reports that every project with Asian investments will be taken under special control for successful implementation.

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