Victor Ishaev
Head of the Khabarovsk Krai Administration
Deputy of the Federation Council of the
Federal Assembly of the Russian Federation
The Khabarovsk Krai is a very rich land. Its territory is large, with green forests and clean and fast rivers. Vast minerals are hidden in the interiors, not all of them used and explored.
The industrial potential of the Krai works to satisfy the needs of the whole Far East producing metals, fuel, equipment and machinery. We are at a unique position on the transportation crossroads from Europe to America and Asia and back. But the main riches of the Krai are its people who live and work in the difficult conditions, longing for change and dreaming of a better life for themselves, their families and their country.
The formation of a new economic structure in Russia couldn't help but influence the industry and other branches of the Khabarovsk Krai economy. A considerable part of the enterprises are now the property of private owners, while the market infrastructure and a share market are at the stage of intensive formation, and land reform is being carried out. Under the new conditions the enterprises clashed with competition for the sales markets, competing for the sources of investments. They felt the requirement to acquire habits in marketing and in modern approaches to management.
The trend today is for the reorientation of the economic ties of the Khabarovsk Krai to the countries of the Asian Pacific Rim, to increase the export share in the volume of production of many of the industrial enterprises. Companies from the USA, Australia, New Zealand, Republic of Korea, Singapore and others have become constant trade partners of the Krai.
The Khabarovsk Krai is one of the most attractive regions of Russia for investments. The priority of those investments is aimed toward mining and development of natural resources, the conversion of enterprises in the defense industry, the development of a transport system and the production of consumer goods and services for the population. Direct foreign capital investments into more than 500 enterprises of the Krai exceeded the level of 120 million US$. Portfolio investments have begun to come into private enterprises, and new projects, with the participation of foreign credits, are being implemented.
We invite all Russian and foreign partners to follow the example of those who already believed in Khabarovsk Krai and have brought their capital, their knowledge and their goods. We hope that this book will be useful for those who are interested in the development of mutual cooperation.