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MINISTRY OF RUSSIA OF RUSSIA signed a Memorandum of Cooperation with the Japanese company Sojitz Corporation
According to the Memorandum, the parties are interested in developing long-term trade and investment cooperation in the Russian Far East, the press service of the ministry reported.
The Sojitz Corporation, which signed the Memorandum, has full information on favorable conditions for the implementation of investment projects in the Far East: the creation of priority development territories, the provision of tax incentives to investors, a significant simplification of administrative procedures related to the implementation of investment projects, and comprehensive support of investors at all stages project implementation.
Also, Sojitz Corporation expects that it will get the most attractive terms for investing 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 Sojitz 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.
«Sojitz Corporation »- Sojitz Corporation was founded in 1892 year, and is one of the leading trading corporations in Japan with an annual turnover of 39,28 billion US dollars (based on the company's annual report for 2014 year). The name of the company was obtained after the merger in 2004 of the two largest Japanese trading houses "Nichimen Corporation" and "Nisso Iwai Corporation". The head office of the Company is located in Tokyo and today representative offices are opened in more than 30 countries of the world. In Russia, successfully working more than 60 years. The main activities of the company are projects of factories (gas and petrochemical, metallurgical industry) and co-generation system, mechanical engineering (Sollers-Isuzu Assembly) and distribution (Sollers-Isuzu Assembly and Subaru-Motor), coal and timber industry, medical equipment (PET, HI) and the chemical industry, energy and natural resources.