The government of the Sakhalin Region held a meeting with a French delegation, during which the parties discussed cooperation in solving environmental problems and business development, the regional Ministry of Economic Development said.
"The partnership between Russia and France is developing consistently and steadily. It concerns issues of economy, culture, science and interaction in humanitarian areas. Last year Russia undertook obligations under the Paris climate agreement, within the framework of which the Sakhalin region was chosen as a pilot region. We plan to achieve carbon neutrality within five years. We hope for cooperation in this work with French companies," - said the Governor of the Sakhalin Region, Valery Limarenko.
The meeting was attended by Ambassador of France in Russia Pierre Levy, representatives of the Franco-Russian Chamber of Commerce and Industry and heads of 13 large French companies. In the course of the discussion, the regional authorities and representatives of the French companies voiced a number of proposals for cooperation. Among them - cooperation in the sphere of energy, production of construction materials, design of buildings and development of medicine, as the ministry specified.
"The interest of foreign companies in the island region is due to the unique combination of its logistical advantages. The region's location allows to develop in the markets of the Asia-Pacific region and the Far Eastern Federal District. In addition, the Sakhalin Region rose from 30th to 8th place in the rating of regions with the most favourable investment climate during the year. The Sakhalin Island Program envisages attracting investments of about 800 billion roubles and creating over 11 thousand jobs within five years. The priority directions - oil and gas sphere, coal mining, fishing industry, tourism, timber industry, construction and production of building materials, and logistics", - the department pointed out.
Cooperation with French business in the region was launched last year. For example, in 2020, the regional government and a branch of the French company Air Liquide, which is a leading producer of industrial gases, signed a residency agreement in the Sakhalin Industrial Park. This year, the company signed a memorandum of cooperation with Rosatom State Corporation to explore the possibility of setting up low-carbon hydrogen production on Sakhalin.
Made in Russia // Made in Russia
Author: Karina Kamalova