Investment Archives - Page 43 of 48 - RUSSIA'S PIVOT TO ASIA

Featured September 19, 2024

Russian Railways To Build 2,000km Of Extra Track Along The Trans-Siberian and BAM Routes To Asia

The third expansion stage of Trans-Siberian and Baikal-Amur Mainline (BAM) railway has been approved by the Russian government, allowing the Russian Railways to immediately invest in design and survey work on these extensions. This includes labour-intensive work involving the laying of over 2,000 km of new tracks, three new tunnels for the accompanying road highway, […]

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Featured September 18, 2024

Russia To Construct Fuel Pipeline In The Republic Of Congo

Russia has tentatively agreed to the construction of a fuel pipeline in the Republic of Congo, according to a Russian government decree published on Monday (September 16). The pipeline will link the western port of Pointe-Noire to the capital Brazzaville, and will also pass through the town of Loutete, about 155 kilometers (96 miles) west […]

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September 17, 2024

Russia Developing Domestic and International Cruise Ship Industry

With Western cruise companies such as US-based Princess Cruises suspending sales of cruises to Russian citizens, Russia has begun to develop a new cruise industry designed to meet the needs of holidaymakers. In 2022, the Russian Government allocated ₽15 billion (US$164 million) for the construction of seven civilian fleet ships. Three of them will be […]

September 13, 2024

Russia To Build Lithium Carbonate Plant In Bolivia

Uranium One Group, a division of Russian SOE Rosatom, and Bolivia’s SOE Yacimientos de Litios Bolivianos (YLB) have signed a contract to build a lithium carbonate production plant at the Uyuni Salt Flat in Potosi, Bolivia, in the second half of 2025. Production will then gradually expand to eventually produce up to 14,000 tonnes of […]

September 12, 2024

New China Border Checkpoint At Big Ussuri Island Spurs Additional Investment Projects

The redevelopment of Big Ussuri Island, including the opening of a new Russia-China border crossing, is stimulating billions of rubles of investment into the area, according to the Khabarovsk Minister of Economic Development, Viktor Kalashnikov. Bolshoi (Big) Ussuri Island is on the Amur River, along the border between Russia and China. The Russian part of […]

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September 12, 2024

First Freight Train Route from Ulyanovsk to Azerbaijan Since USSR Era To Begin In September

For the first time a goods train will deliver products directly from Ulyanovsk to Baku and then to Iran’s Astara in less than a month, the head of the region Alexey Russkikh said. Ulyanovsk, the administrative centre of the Ulyanovsk region, located on the banks of the Volga and Sviyaga rivers, is a major diversified […]

September 11, 2024

New Russia-China Border Crossing Railway Bridge Proposed

A new cross-border railway bridge between the Russia’s Amur Region and China, at the Jalinda – Mohe border, is planned to be built as part of a public-private partnership scheme. Pavel Puzanov, Deputy Chairman of the Amur regional government, has stated that this new transport corridor will provide an alternative option for border crossings, relieve […]

September 10, 2024

Russian MNC In The West Redomicile To Friendlier Jurisdictions: Two Case Studies

Russian-owned multinationals (MNCs) are relocating to friendlier jurisdictions, with another two businesses announcing redomiciling plans this past week. Both are representative of the new, more financially attractive options available for them. Qiwi Qiwi provides payment and financial services in Russia and CIS countries. The group includes QIWI payment systems, QIWI Bank, CONTACT money transfer system, […]

September 10, 2024

China Expected To Join Russia In Building The World’s Largest Fast Neutron Nuclear Reactor

China is expected to join the consortium formed to build a multipurpose fast neutron experimental reactor (MBIR) in Dimitrovgrad, Russia’s Ulyanovsk Region before the end of this year, according to Vasily Konstantinov, a director of international scientific and technical projects at Russian SOE Rosatom Group. Konstantinov is also the CEO of the IRC MBIR Consortium. […]

September 8, 2024

Russia-India Joint Venture Wins US$6.5 Billion Contract To Build Electric Trains

Kinet Railway Solutions, a company formed by Transmashholding, Russia’s largest locomotive and rail equipment manufacturer, and the Indian government-owned Rail Vikas Nigam Limited (RVNL), have announced that they have won a US$6.5 billion Indian government contract to manufacture 120 electric trains for Indian Railways at Kinet’s production facility in Latur, Maharashtra. The company won the […]

September 6, 2024

Putin’s Plenary Speech At The Eastern Economic Forum: Analysis

The Russian President, Vladimir Putin, gave a plenary speech at the Eastern Economic Forum (EEF) on Thursday (September 5) in which he outlined Russia’s plans for regional Asian development and other issues related to security, trade and investment. The speech was one of Putin’s longer talks, lasting close to 45 minutes. Attendees included the Malaysian […]