Investor Presentaiton
The
30 YEARS
Moscow Times
INDEPENDENT NEWS FROM RUSSIA
U.K. Lagging in Special Economic Zone
Presence
By Lena Smirnova
October 25, 2012
The St. Petersburg special economic zone is one of the earliest, but it still has no British investors
present.
The Russian government has created special economic zones across the country to attract
foreign investors, and although 46 foreign companies have already taken advantage of the
opportunity, not one of them is British, the head of the company managing the zones said
Thursday.
Oleg Kostin, chief executive of Special Economic Zones, made the observation during
the Russia Talk Investment Forum.
The annual forum, which is organized by the Russo-British Chamber of Commerce, began
with enthusiastic congratulations offered to BP and Rosneft over their recent deal, but then
the statements became more somber. Delegates said that there are still numerous obstacles
that scare off British companies from doing business in Russia.View entire presentation