Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS
russian visa

Sochi 2014 International Investment Forum: Stats & Figures
September 22, 2014 12:44

Photo Credit:
Despite a glooming economic scenario and political pressure by some of the Western countries, this year’s event proved a success.
The Sochi 2014 International Investment Forum has brought together 9,700 people, including 265 foreign delegates from 47 countries, 14 diplomats, and 1,250 journalists.
Most of the investors came from China, Germany, Turkey, France, Switzerland, and Japan. The other businessmen represent Slovakia, South Africa, Nigeria, Armenia, Italy, Belarus, the EU, Poland, Azerbaijan, and the UK.
Taking place for the 13th time, the conference offered a perfect opportunity for 79 Russian regions to present their case in a center with a floor area of 10,000 sq m. The Sochi Expocenter is the building of the former Sochi Olympic Media Center.
The business part of the agenda featured 6 roundtables, 24 panel discussions, a Sberbank-sponsored breakfast session, 4 master classes as well as other briefings and seminars.
13 federal ministers along with the premier and vice-ministers attended the conference to woo investors amid tightening sanctions and meager economic growth in one of the major members of the BRICS bloc.
According to the organizers, 88 agreements were signed worth some 250 billion roubles while the forum’s host, the Krasnodar Region concluded 310 deals worth more than 353 billion roubles. Sochi secured 9 contracts estimated at 15 billion roubles.
Speaking at the forum, Russia’s Prime Minister outlined the government’s strategy for tackling dwindling economic growth and bypassing restrictions slapped by the West over Russia’s alleged role in the Ukraine crisis.

The visitors also attended the unveiling of Sochi Autodrom, an arena for hosting Formula 1 events that was built on the territory of the former Olympic park. For the first time Russia will stage a Grand Prix of the race, with the event slated on October 10-12, 2014. According to the official website of Formula 1, the number of laps will be 53, and the circuit length is 5,853km. 

Author: Mikhail Vesely

Tags: Sochi 2014     

Next Previous

You might also find interesting:

Football: 3 Candidates for Spartak Moscow Printing Equipment Market Goes Down Gold And Foreign Currency Reserves Of Russia Fell By 8 Billion Dollars Minimal Inflation Was Recorded In 2017 Doing Business in Russia is Like Playing Roulette

Comment on our site

RSS   twitter      submit

ROSCOSMOS  Blur  Bakhtyar Khudojnazarov  Kuznetsk  Omsk  Moscow hotels  Russian tourists  Domodedovo  Moskatov  Archeology  Russian business  Russian Cinema  Russian scientists  Borodino Battle  Russian science  Russian economy  Neural Network  Kizhi Nature Reserve   Mercedes-Benz Fashion Week Russia  Subway  State Duma  Free Events  Exhibitions in Moscow  Novorossiysk  Alexander Griboyedov  Moscow  travel to Russia  Republic of Bashkortostan  Zhukovsky  Russian tourism  Saint Petersburg Opera Theatre  Altai  St. Petersburg  activity holidays  Classical Music  Film Distribution  Russian Cinema  Republic of Ingushetia  clashes in Ukraine  Russian dairy   Film Festivals  New Films  Cambodia  Krylya Sovetov  Heritage in Motion  business  Russian mobile operators  Lake Tchebarkul  Comics  Sochi 

Travel Blogs
Top Traveling Sites