Ugra Authorities Are Counting On Cooperation With Germany

12.01.2010 — News

UGRA.

Ugra Authorities are planning to increase the volumes of investments into the region's economy from ex-pats living in Kazakhstan and Germany. These countries have diasporas of people formerly resident in the Autonomous Okrug involved in various spheres of business.

According to the Khanty-Mansiysk customs office the foreign trade turnover between Ugra and Germany in 2009 amounted to 4.583 billion US dollars (the first place in the list of foreign trade partners of the region), with Kazakhstan - to 364 million dollars. There are several companies in the region partially owned by the capital from these countries.

The Government of the Autonomous Okrug informed RusBusinessNews the priority spheres selected for the expansion of cooperation are the timber industry and agro sectors, construction and healthcare. German partners would also be offered the participation in the modernization of the services and transport infrastructure in Ugra, development of tourism and youth projects.