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13 September 2016

Proxy Centre has successfully discharged all its tasks in preparing for and holding the 2nd Eastern Economic Forum (EEF).

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Proxy Centre’s professionals provided accreditation for the Forum’s participants, technical staff and vehicles used in preparing for the EEF. The company set up accreditation points at Vladivostok international airport and at the Forum venue, and on the campus of the Far Eastern Federal University on Russky Island. 3,500 participants and 1,100 media representatives were accredited to the EEF. This is significantly more than last year, when accreditation badges were issued to 2,520 people, including 550 media representatives.

A crucial area in Proxy Centre’s work at the EEF was to provide transport for the Forum. The Company set up a dispatch centre to coordinate shuttle-bus operations on the campus of the Far Eastern Federal University; it also managed transportation for participants and personnel between the Forum’s main venue and the hotels where they were staying and between transport hubs and cultural programme venues.  Proxy Centre managed more than 300 passenger vehicles of various classes and capacities, including 150 Mazdas, the Forum’s official car: 50 Mazda CX-5 cars and 100 Mazda 6 cars. Proxy Centre also took part in providing equipment for the EEF’s main venue. In particular, the Company handled the look of the halls where the Forum’s plenary sessions, strategic sessions and roundtables were held.

The EEF’s slogan was “Opening Up the Russian Far East,” and its participants came from 56 countries. The biggest delegations were from Japan (246), China (227) and the Republic of Korea (128). International presence at the EEF expanded significantly compared to 2015, when the Forum was attended by guests from 32 countries. The Forum’s central event was the plenary sessions attended by leaders of three states: President of the Russian Federation Vladimir Putin, President of the Republic of Korea Park Geun-hye, and Prime Minister of Japan Shinzo Abe.

207 heads of Russian companies took part in the Forum, among them Alexey Miller, Chairman of the Management Committee, Gazprom; German Gref, President, Chairman of the Sberbank Executive Board; Nikolay Shulginov, Chairman of the Management Board, General Director, RusHydro PJSC; Leonid Mikhelson, Executive Director, Chairman of the Management Board, Novatek; Oleg Budargin, General Director, Chairman of the Board, Rosseti; Victor Vekselberg, President, Skolkovo Foundation. 94 heads of foreign companies from Great Britain, India, China, Malaysia, the Netherlands, the Republic of Korea, the US, Thailand, Sweden, Japan, and also from the Virgin Islands and Jersey, attended the EEF.

214 agreements for a preliminary amount of more than RUB 1.85 trn were signed at the EEF; consequently, the Forum solidified its status as Russia’s second biggest annual business event, following the St. Petersburg International Economic Forum.

EEF 2016 in figures  

  • 44 plenary sessions.Discussions were held in three main areas: “Opportunities for Investors,” “Incentives for Investors,” “Developing the Russian Far East – Advantages and New Opportunities for the Asia-Pacific Region.” 
  • 5 country-to-country business dialogues: Russia – China; Russia – Republic of Korea; Russia – Germany; Russia – ASEAN; Russia – Japanese Business Forum. 
  • 34 investment projects with a total of RUB 5 trn rubles in investment were presented to the EEF participants.
  • 1,113 media outlets (736 Russian, 377 foreign) applied to cover the Forum. Applications were submitted from 18 countries (not counting Russia): Austria, Belarus, Cameroon, the Czech Republic, China, France, Germany, Great Britain, Hong Kong, Japan, India, Iraq, New Zealand, South Korea, Turkey, Switzerland, the US and Vietnam. 
  • Diamonds and uncut diamonds worth more than RUB 1 bn 186 m were sold to buyers from China, India and Japan at the first auction of diamonds and uncut diamonds held on the EEF’s sidelines. The most expensive, a 125.79-carat uncut diamond with a starting price of USD 2,800,000, was sold for USD 3,640,717.
  • A meeting of the Russia-China Financial Council, a meeting of the “Eastern Vector” public council, a Russia–ASEAN University Forum, and an APEC Educational Conference were held on the Forum’s sidelines.

Major agreements signed: 

– agreement of intent between the Ministry for Development of Russia’s Far East and SIBUR on “The Amur Gas Chemical Complex” investment project (RUB 500 bn);

– between the Far East Development Fund and National Chemical Group CJSC on building a mineral fertilizer plant in Primorye Territory (RUB 370.5 bn);

– between the Ministry for Development of Russia’s Far East and UK Polyus LLC on the investment project “Constructing Mining and Processing Plant at the Natalka Gold Deposit” (RUB 98.5 bn);

– between the Ministry for Development of Russia’s Far East and ALROSA on the “Diamond plant at the Verkhnaya Muna ore field” investment project (RUB 63 bn).