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VOLUME OF FOREIGN INVESTMENTS IN KHABAROVSK TERRITORY IN 1997 G

				
				
				
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VOLUME OF FOREIGN INVESTMENTS IN KHABAROVSK TERRITORY IN 1997 G
WILL MAKE 80-100 MILLION DOLLARS
     Khabarovsk, on March, 24th. A/PRIME-TASS/. Volume of the foreign
Investments across Khabarovsk territory in 1997 g will make an order
80-100 million doll, has declared the first in PRIME-TASS interview
The assistant to the head of administration of Khabarovsk territory
Gennady Apanasenko.
      Thus, as he said, a great bulk of investments
Will fall to investigation and working out of deposits.
Besides, under forecasts, a great bulk of investments
Will make portfelnye investments into the privatised
The edge enterprises.
      Foreign investments into more than 500 enterprises
Khabarovsk territory in 1996 g have made a 120 million order
Dollars
     The basic creditors of Khabarovsk territory are the USA
With volume of investments of 36 million doll, Japan - 21 million doll,
China - 11 million doll and Korea - 2,5 million dollars
      Investments have been made by the largest in
Russian-American joint venture "п п п я я п п п п п?п п п?я п я п?п п я п?п ",
Russian-Japanese joint venture "Hole-avia" and Russian -
The Australian joint venture. The basic fields of activity of these the joint venture
Extraction and processing of natural resources are,
Internal and foreign trade, services in area
Transport, communications, and also development of a network of hotels and
Restaurants. A joint venture share in total amount of export of edge
Makes 12 percents, and in import - 18 percents
      According to G.Apanasenko, administration Khabarovsk
Edges, realising importance of foreign investments in
Economy of Far East region, has entered on the
Territories a number of tax privileges in sizes of the sums,
Arriving in the regional budget. Their number concerns
Clearing of the profit tax during first 2
Years of job of the enterprises and the organisations giving
Services in sphere of the hotel business, again created
The enterprises from shares of the foreign capital not less than 30
Percents, branches of the foreign enterprises, and also
The enterprises, completely belonging to the foreign
To investors.
      Besides, as has noted G.Apanasenko, for 3 years
Are released from the profit tax again created
The enterprises with volume of foreign investments over 5 million
doll which go on development of deposits
Minerals and building of objects of the transport
infrastruktury. - 0 - tt/oa
//* an information Source: the Prime-TASS, 24.03.97
//* Reg. Nom. - 6070300009.75-------------------------------------------