International Fund of the Black and Caspian Seas: Investments to Russian Regions

The International Conference « International Fund of the Black and Caspian Seas: Investments to Russian Regions» took place on the 23^rd of May in State Academy of specialists in the sphere of investments (GASIS). The Initiators of the Conference was Alliance BSCSIF including:

• the BSCSIF Branch in Russian Federation;
• the BSCSIF Commission of innovations and investments;
• All-Russian Advanced Planning Fund;
• International Center of Innovations and Investments (ICII).

The Conference was opened by the Director of the BSCSIF Branch in RF and the Chairman of the BSCSIF Commission of innovations and investments M.Zernov. He told about BSCSIF opportunities, directions of the work and about Alliance creation. The Head of the working group of Military-Industrials Commission (MIC) of RF Government A.Zherebin acquainted with the innovative developments in different spheres. The MIC group member A.Retuev presents the project “Interactive communicative Internet-portal (Atlas of Region, Virtual exhibition of innovative technologies)” and the BSCSIF 14 countries expressed their wish to take part in this project. More than in 20 regions of RF responsible persons for the creation of the Atlas had been determined. The Rector of the GASIS A. Zbritsky revealed the main problems of consulting and personnel support of innovative projects. The Chairman of the Board of Advanced Planning Fund V. Bychkov called subjects of the Russian Federation for cooperation in the promotion of investment and innovative projects and attracting investments in regional projects. At the moment, are willing to cooperate with the alliance of over 600 investment companies.

Participants of the Conference were RF subjects and also embassy staff and managers of investment and consulting companies, banking structures of Bulgaria, Spain, Romania, Turkey, Uzbekistan, Ukraine, Switzerland and Estonia.

The outcome of the Conference was the signing of an investment agreement between the LLC "EcoProject" and ICII of the project implementation "Agro ecological complex" in the Rostov region, the volume of investments - 260 million U.S. dollars, and signed a memorandum of understanding with the Swiss investment company.