Abu Dhabi's business circles convened with Kuban Head Veniamin Kondratyev for a meeting.
Let's dive into the juicy discussions held at a recent business conference. Veniamin Kondratyev from the Krasnodar Krai tossed out some tantalizing ideas about potential collaborations with AD Ports Group. He's all about expanding our business ties, focusing on projects that'll boost logistics, ports, and shiny new transshipment complexes in our neck of the woods. His vision includes revamping existing ports in Novorossiysk and Taman, which handle. one-third of Russia's maritime cargo, and even building new ones.
According to Abdulaziz Zaid Al Shamisi, AD Ports Group's General Director for Central Asia and Eastern Europe, they're totally into this port infrastructure talk. They're also intrigued by the possibility of constructing cruise terminals to make our region a throbbing hotspot for tourists. He's excited to check out the Krasnodar Krai for himself, meet industry bigwigs, and hash out the details of what they might work on together.
Kondratyev also had a sit-down with the leadership of Mubadala Investment Company to talk invest-coop in energy, IT, industry, and finance.
In the Krasnodar Krai, business is flourishing, with the volume of attracted investments growing like crazy every year. Last year, it hit a staggering 1.2 trillion rubles, a record, and the top of the list for investment attractiveness in Russia. Currently, $4 trillion in projects are underway in the region. The industry sector is taking the lead, with 35 multi-billion-dollar projects kicking off simultaneously. They range from drone manufacturing to medical device production and everything in between. Investors have a smorgasbord of options to choose from based on their preferences.
Health resorts come in second when it comes to attracted investments, with over 700 billion rubles invested, and 65 hotels being built at the same time. We've got a state-of-the-art agro-industrial complex, ensuring we remain the breadbasket of the country and a guarantor of food security. We're keen on partnering with the Mubadala Fund, with the aim of benefiting both their business and our region.
Abdulla Naser Almarzuqi from Mubadala showed interest in the Krasnodar Krai as a potential partner, mentioning their preference for collaborating with companies that have solid management and capable owners. He found the industry and health resort projects intriguing. Kondratyev concluded that these collaborations would strengthen the strategic partnership between our countries, and offered comprehensive support at every stage of project implementation. With over 200 tools in place for investor support in the Krasnodar Krai, it's clear we're committed to making things happen in a smooth, streamlined fashion.
- Veniamin Kondratyev's proposals for collaboration with AD Ports Group extend beyond port infrastructure, as he also discussed investing in energy, IT, and finance, aiming to further expand business ties.
- Real-estate development is not only limited to port terminals for AD Ports Group, as they are also interested in constructing cruise terminals in the Krasnodar Krai, with the goal of making the region a tourist hotspot.
- Mubadala Investment Company, in their discussions with Kondratyev, showed keen interest in investing in various sectors, particularly industry and health resorts, as they seek to partner with companies that have strong management and capable owners.
