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Sakhalin Presents Its Investment Projects at Exhibition in France

Konstantin STROGANOV, the first vice-Governor of the Sakhalin Area held a working meeting on Sakhalin exposition at the international exhibition of private real estate in Cannes, RIA PrimaMedia was informed in the Department of Information Policy of the Area Administration.

In France the Sakhalin delegation will present some investment projects. Building of "Mountain Air" infrastructure and building of resort in Daga, the place of mineral spring, are among them. 

According to Vladimir AGEENKO, the Director of "Mountain Air", currently the construction sites for hotels of different classes have been prepared. The total amount of the project is 40 million US dollars. Taking part in the Cannes exhibition "Mountain Air" has a real chance to find investors.

The bank "Sakhalin-West" will present another project. It will be possible to run the healing spring in Daga if this project is realized. As Sergey KARPENKO, the Deputy Chairman of Economy Department of the Sakhalin Area considers there is a special appeal in Daga and that is primeval beauty of its wildlife. There are not many such places left in Russia and even less in the European countries.    

Sergey KARPENKO informed that for the first time the Sakhalin Area and 18 more Russian Federation subjects took part in the international exhibition of private real estate in Cannes last year. The participants of the Forum then noted that the Russian and foreign investors were highly interested in the Sakhalin Area exhibits. This year more then half of the Russian subjects take part in the International Economic Forum in Cannes.

"It is necessary to participate in such international events for our business as we gain the experience in presenting the projects and communicating with business partners. We have a real chance to raise the competitive ability of Sakhalin companies," Sergey KARPENKO, the Deputy Chairman of Economy Department of the Sakhalin Area said.

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