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Indian companies get acquainted with potential partners from Yakutia

Following the results of a business mission in Vladivostok, representatives of Coal India Limited visit production facilities and hold meetings with the management of Dolguchan, Colmar, Mechel. The events are organized with the assistance of the Far East Investment Promotion and Export Support Agency (ANO IPA).

In Vladivostok, ANO IPA held a number of industry sessions as part of the Indian business mission, including the thematic discussion “Coal and Non-Ferrous Metals in the Russian Far East: Opportunities for Growth”. Indian companies were provided with information on current and promising projects. The presentation was the next stage of interaction with Indian partners. In the spring and summer of this year, ANO IPA held several road shows in India, and also in June, the events of the exit session of the Eastern Economic Forum were held, including a round table with Indian entrepreneurs.

“Indian companies have expressed interest in working with Russian partners. A meeting of representatives of Coal India Limited and Colmar was held at the central office of the coal mining company in Moscow. After that, representatives of the Indian company went to Neryungri to inspect the production. “Colmar” is an anchor resident of the TOP “South Yakutia”. It implements three major investment projects in the Far East: the construction of Denisovsky GOK and Inaglinsky GOK, which are anchor residents of the South Yakutia TOP, and its own deep-sea port VaninoTransUgol in the Khabarovsk Territory, which is a resident of the Free Port of Vladivostok. It is important for Indian businessmen to see what potential Russian partners are doing locally and to evaluate the prospect of concluding agreements with them on the implementation of joint projects. ”

“The Colmar company has convenient logistics, a deep-sea port in the Far East is being built, which will be launched in early 2020. The company may open a new perspective for Indian metallurgists, who express a desire to diversify coal supplies and abandon dependence on Australia, ”said Anna Tsivileva, Chairman of the Board of Directors of Colmar Group LLC.

As Anna Tsivileva noted, Coal India Limited is not the first company to express interest in Kolmar projects. On August 7, a meeting with the largest Indian energy company Tata Power was held at the central office of Colmar Group to collaborate on investment projects in the Far East. At the Eastern Economic Forum, Colmar and Tata Power plan to sign an agreement on mutual cooperation in the field of investment development.

In turn, ANO IPA plans to sign a series of agreements and memoranda with Indian companies at the fifth anniversary Eastern Economic Forum this September. “Now the documents are being worked out with the Indian side,” Leonid Petukhov explained.

Information provided by the press service of the Far East Investment Promotion and Export Support Agency

 

 

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