HomeRussiaMikhail Mishustin chaired a meeting of the Government Commission on Monitoring Foreign...

Mikhail Mishustin chaired a meeting of the Government Commission on Monitoring Foreign Investment

During the meeting chaired by Prime Minister Mikhail
Mishustin, the participants reviewed requests submitted by foreign investors
regarding the preliminary approval
of transactions with Russian companies engaged in air transport, mining,
hydrocarbon processing, production of industrial explosives and supply of certain
types of communication equipment.

Among other things, the government commission approved
a transaction related to a large investment project by Sibur Holding for the
construction of the Amur Gas Chemical Complex with the participation of Chinese
investors. It will become a major petrochemical plant in Russia and
internationally.

Russia’s largest gas
processing and gas chemical cluster will be built in addition to the Far
Eastern complex. The former will make products with high added value and
contribute to tapping the enormous potential of the country’s non-oil-and-gas
exports. The fact that a major international petrochemical company, Sinopec,
will participate in the project highlights Russia’s investment appeal.

First Deputy Prime Minister Andrei Belousov, Deputy
Prime Minister and Chief of the Government Staff Dmitry Grigorenko, deputy
prime ministers Viktoria Abramchenko, Yury Borisov and Alexander Novak, as well
as federal ministers took part in the meeting. The keynote address was
delivered by Head of the Federal Antimonopoly Service Maxim Shaskolsky.

Source

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