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Middle East investment funds are interested in Yaroslavl region

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Middle East investment funds are interested in Yaroslavl region

Yaroslavl region has attracted the interest of investment funds from the UAE and Qatar, according to the website of the Ministry of Industry and Trade.

Thus, the day before a meeting of representatives of the region's authorities with the international audit company Ernst and Young took place, during which promising areas for investment in the industrial sector, tourism, transport and logistics in the Yaroslavl region were touched upon.

"The region has developed specific proposals for investment, and investment funds of Qatar and the UAE, present at the St. Petersburg International Economic Forum, have the desire to work with projects in Russia, as well as developed management competencies and colossal experience, allowing to successfully implement and develop projects in Russia," - says the report.

Yaroslavl region was represented by Galina Penyagina, head of the local department for regional development and foreign economic activities, and Evgeny Vasilyev, director of the regional development corporation. Olga Arkhangelskaya, head of the group for services to real estate, hospitality industry, transport, infrastructure and state-owned companies in the CIS, was present from the foreign company.

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Author: Ksenia Gustova

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