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The Impact of Foreign Direct Investment on the Socio-Economic Development of the Far East of Russia | 24-02-2014
The analytical report «The Impact of Foreign Direct Investment on the Socio-Economic Development of the Far East of Russia» is available for free download
The study was implemented with the support of Kinross Gold Corporation.

Project Overview:

The Far East of the Russian Federation is an exceedingly attractive region from an economic point of view, given its major deposits of coal, gold, copper, diamonds, ferrous and non-ferrous metals and other minerals. It also has a long sea coastline and a land border, which offer considerable advantages for investments and trade. However, for foreign investors already implementing or considering projects in the Far East, the investment picture is not black and white. Along with the regionís positives, there are a number of obstacles and barriers for doing business. These barriers — which are not unique to Russia and exist in other countries — include the lack of protection of property rights, the poor quality of regional institutions and lack of basic infrastructure.

This study discusses the activities of foreign companies in the Far East and presents a detailed analysis of the factors that impact the investment climate. It is based on statistics and survey data, including the results of numerical analysis and data from a specially organized qualitative study (in-depth interviews with experts and representatives from business and government).

The first three chapters look at the foreign investment situation in the Far East, providing a general analysis of the factors that attract investment to the region, and assessing the impact of foreign investment on regional budget revenues. Chapters 4–6 consider the key factors that impact the regional business environment: the labor market, state regulation and issues connected with infrastructure. The chapters that follow analyze the role of foreign companies in areas such as local business development, innovation, the environment and social responsibility.

As public discussion and government efforts to accelerate and enhance the development of the Far East intensify, it is the hope of the authors that this study will provide additional information about the current and potential contribution of foreign direct investment to this important objective.

Download the analytical report: The Impact of Foreign Direct Investment on the Socio-Economic Development of the Far East of Russia
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