×
Enjoying ad-free content?
Since July 1, 2024, we have disabled all ads to improve your reading experience.
This commitment costs us $10,000 a month. Your support can help us fill the gap.
Support us
Our journalism is banned in Russia. We need your help to keep providing you with the truth.

Asian Investors Eye Far East

Asian investors are keen to invest in infrastructure development in Russia's Far East, including the Trans-Siberian Railroad and Baikal-Amur Mainline, Russian Railways president Vladimir Yakunin said at a railway coordination council in Khabarovsk Thursday.

"Several investors from China and South Korea have spoken with me and they are interested in [Russia's] infrastructure projects," Yakunin said, RIA Novosti reported.

However, the inflow of foreign funds is hampered by the lack of adequate laws to allow private investors to provide money, Yakunin said.

Russia's Far East has the necessary rare materials needed for Japan's high-tech industry. It also has oil, gas, coal and other resources sought by rapidly developing China and South Korea.

Huge state investment in the region is planned over the coming years.

… we have a small favor to ask. As you may have heard, The Moscow Times, an independent news source for over 30 years, has been unjustly branded as a "foreign agent" by the Russian government. This blatant attempt to silence our voice is a direct assault on the integrity of journalism and the values we hold dear.

We, the journalists of The Moscow Times, refuse to be silenced. Our commitment to providing accurate and unbiased reporting on Russia remains unshaken. But we need your help to continue our critical mission.

Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and you can be confident that you're making a significant impact every month by supporting open, independent journalism. Thank you.

Once
Monthly
Annual
Continue
paiment methods
Not ready to support today?
Remind me later.

Read more