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18 September 2017

Eastern Economic Forum–2017 in Figures

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The Third Eastern Economic Forum (EEF) held in Vladivostok on 6–7 September was the biggest and the most productive in the Forum’s history. ProxyCentre successfully discharged all the its tasks as part of preparing for and holding the third EEF, meeting every deadline and providing high-quality services.

ProxyCentre’s professionals provided accreditation services to the EEF participants and media members covering the Forum. Well in advance of the event, the company’s staffers trained accreditation operators and set up four accreditation points. Over 6,000 people from over 60 countries, including 1,094 media representatives, were accredited to the EEF. This is significantly more than last year, when accreditation badges were issued to 3,500 attendees and 1,100 media representatives. Accreditation points also served as information desks where EEF participants and guests could obtain exhaustive information about the event.

ProxyCentre also ran the Operations Control Centre, which managed the entire vehicle fleet involved in the event. In addition, ProxyCentre employees took part in comprehensive preparations for operating the Forum main venue.

“The Russia’s Far East: Creating a New Reality” plenary session was the Forum’s key event attended by heads of four states: President of Russia Vladimir Putin, President of the Republic of Korea Moon Jae-in, President of Mongolia Khaltmaagiin Battulga, and Prime Minister of Japan Shinzo Abe.

The EEF was also attended by heads of 240 Russian and 103 foreign companies, including:

  • Zhu Haising, CEO, China State Energy Engineering Corporation Ltd;
  • Sam-hyun Ka, President, Hyundai Heavy Industries Co Ltd;
  • Jin-Haeng Chung, President, Hyundai Motor Company;
  • Dae-young Pak, President and CEO, Samsung Heavy Industries Co Ltd;
  • Brian Chang, Director, Singapore Oil and Energy Pte Ltd;
  • Keisuke Kuroki, President, Japan Oil, Gas and Metals National Corporation;
  • Oleg Belozerov, President, Russian Railways;
  • Andrei Boginsky, CEO, Russian Helicopters;
  • Viktor Vekselberg, President, Skolkovo Foundation;
  • German Gref, CEO, Chairman of the Executive Board, Sberbank;
  • Oleg Deripaska, President, RUSAL Global Management BV;
  • Igor Zyuzin, Chairman of the Management Board, Mechel;
  • Sergei Ivanov, President, Alrosa;
  • Andrei Kostin, President, Chairman of the Management Board, VTB Bank;
  • Alexey Likhachyov, General Director, State Atomic Energy Corporation Rosatom;
  • Alexey Miller, Chairman of the Management Committee, Gazprom;
  • Igor Sechin, CEO, Chairman of the Management Board, Deputy Chairman of the Board of Directors, Rosneft Oil Company;
  • Anatoly Chubais, Chairman of the Executive Board, ROSNANO Managing Company Ltd;

EEF-2017 in figures 

  • 217 agreements worth a total of RUB 2,496 billion (agreements the value of which is not a trade secret) were signed.
  • 83 events. Principal discussions were held in four main areas: “Economic Policy in Russia’s East: What Next?”; “Doing Business in Russia’s Far East”; “We are Neighbours: Earning through Cooperation”; “Russia’s Far East: Creating a New Quality of Life by Responding to Challenges.”
  • 5 country-to-country business dialogues: “Russia – China,” “Russia – South Korea,” “Russia – Japan,” Russia – ASEAN,” “Russia – India: Identifying New Opportunities.”
  • 1,094 journalists (837 Russian and 257 foreign journalists) covered the Forum. Foreign media members represented media outlets of 20 countries: China, Estonia, Finland, France, Germany, Ghana, Great Britain, India, Italy, Japan, Malaysia, Mongolia, Pakistan, the Philippines, Slovakia, South Korea, Spain, Turkey, the US, Vietnam.
  • Over 50,000 people visited the exhibition held as part of EEF-2017.
  • 34 investment projects with overall investment of RUB 1.5 trillion were presented to the EEF participants.
  • Diamonds and uncut diamonds worth a total of approximately USD 16.5 million were sold by Alrosa at an auction held on the EEF’s sidelines.

The biggest agreements signed at the Forum:

  • Between the Far East Development Corporation (FEDC) and Eastern Petrochemical Company on an investment project for building oil refining and petrochemical industries manufacturing EURO-5 compliant engine fuels and other petrochemical products with an investment of RUB 630 billion.
  • Between the Ministry for Development of Russia’s Far East and the Nakhodka Fertiliser Plant CJSC on building the Nakhodka Fertiliser Plant with an investment of RUB 387.7 billion.