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Minvostokrazvitiya signed a memorandum with Mitsubishi Corporation

The Ministry of Economic Development signed a memorandum on trade and investment cooperation with the Japanese company Mitsubishi Corporation, the press service of the ministry reported. According to the Memorandum, the parties are interested in developing long-term trade and investment cooperation in the Russian Far East.

Mitsubishi Corporation, which signed such a Memorandum, has full information about favorable conditions for the implementation of investment projects in the Far East: the creation of territories for advanced development, the provision of tax benefits to investors, the significant simplification of administrative procedures related to the implementation of investment projects, comprehensive support for investors at all stages of implementation project.

Also, the Mitsubishi Corporation expects that it will get the most attractive investment conditions in the territories of advanced development, and therefore expresses its interest and readiness to consider investing in any TOPs provided that competitive conditions are provided.

The signing of the document shows that the Mitsubishi Corporation will be ready to discuss specific proposals of the Ministry of Regional Development for the implementation of trade and investment projects in the Russian Far East.

Mitsubishi Corporation is a globally integrated company operating in virtually every sector of the economy; her interests are in industrial finance, energy, metallurgy, mechanical engineering, chemical and food industries, and include activities related to environmental protection.
Today, the company's activities extend beyond its traditional trading business and include various directions from the development of natural resources to investments in the retail sector, infrastructure, financial services and the production of industrial products. The multinational staff of the company unites more than 65 thousand employees employed in more than 600 consolidated companies and 200 representative offices in 90 countries.

Since 1992, Mitsubishi Corporation has been participating in the Sakhalin-2 project, which currently holds an 10% stake.
In 2011, Mitsubishi Corporation, together with Mitsubishi Motors and the Russian company Rolf Imports, launched the introduction of the iMiev electric vehicle on the Russian market.
The Russian company MMC Rus, 49% owned by Mitsubishi Corporation, delivered 70 Mitsubishi i-MIEV electric vehicles to the Presidential Administration, which were used during the G2013 summit in St. Petersburg in September XNUMX.
In 2013, Mitsubishi Corporation opened Mitsubishi Corporation (RUS) LLC with 100% capital of the parent company, thus confirming its commitment to developing business in the Russian Federation. 

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