News / Europe

Vladivostok Aspires to be Hot Pacific Rim City

Russia Plans to Turn Vladivostok into Hot Pacific Rim Cityi
|| 0:00:00
X
James Brooke
September 27, 2012 10:44 PM
The world spotlight shone on Vladivostok in early September when 20 Asia-Pacific heads of government gathered for a business conference in Russia’s main Pacific port. Looking ahead, James Brooke reports about concrete plans to build Vladivostok into a hot Pacific Rim city.
James Brooke
The world spotlight shone on Vladivostok in early September when 20 Asia-Pacific heads of government gathered for a business conference in Russia’s main Pacific port.

Looking ahead, regional officials and investors are working to turn Vladivostok into Russia’s first hot Pacific Rim city.

The region’s new governor, Vladimir Miklushevsky, says a key will be to attract investment from China - and to cut red tape. He is lining up investors for 19 development projects totaling $95 billion over the next decade.

 “We are going to reduce the administrative barriers for business projects,” he said.

Near the new $200 million airport, construction starts next year on a “Northern Macao” - Russia’s largest casino and resort complex

 “We are planning to develop it has an integrated resort, with gambling used as an anchor, and we’re planning to receive 10-12 million tourists a year,”  said Miklushvesky, governor of Russia’s Primorye region. “Why is tourism possible in Vladivostok?  First, it’s the unique location of Primorye.  There is a population from 200 to 300 million people within a one- to two-hour flight from us.  Of course, I mean citizens of China, Korea, and Japan.  And we are waiting for, and anticipating, their arrival.”

Salavat Rezbaev says another key to the region’s development will be investment from China. He is brokering Chinese investment for a $4 billion new port, and $30 billion new town.

 “Seven to 10 years ago, it would be unimaginable to offer a serious level of Chinese investment in certain areas of the economy, certain sectors,” said Rezbaev, who is chairman of New Age Capital Partners. “Right now, we’re witnessing it.  Not only are we witnessing it, we’re doing it, and we’re getting support from the regulators, from the government.”

Top-level backing was clear in early September when President Vladimir Putin inaugurated a plant to assemble Japanese Mazda cars in Vladivostok. Elizaveta Badalova represents Sollers, the Russian side of the joint venture.  Sollers also assembles SsangYong cars from South Korea in Vladivostok.

“Customers in Vladivostok used to buy used vehicles and the vehicles from Japan,” Badalova said.  “But now when they see their own plants and their own territory working, I think the impression is better.”

Foreign investors praise Vladivostok’s central location.

Clive Bowen, from Britain, plans to build a $200 million motor sports center near the new airport. 

“We are within an hour to an hour-and-a-half from all of the key markets for motor sports in Asia - so you have Japan, South Korea, and China,” he said, joined by the Russian Project President Vitaly Verkeenko.

By embracing Asia, Russia may finally create its own hot city on the Pacific Rim.

You May Like

Video Migrants Caught in No-Man's Land In French Port

The deaths of hundreds of migrants in the Mediterranean this week has only recast the spotlight on the perils of reaching 'Fortress Europe' More

Video Westgate Mall Attack Survivors Confront Painful Memories

On anniversary of terror attack, survivors discuss how they have coped with trauma they experienced that day More

New Hints That Dark Matter Exists

New evidence from International Space Station hints at existence of dark matter and dark energy More

This forum has been closed.
Comment Sorting
Comments
     
by: Gennady from: Russia, Volga region
September 27, 2012 11:27 AM
For 12 years the regime was unable to eradicate sharp difference in Russia’s regional development. Why will Vladivostok be an exception? Mr Putin in his May’s Decree wanted the government to address the problem but nothing happened as some ministers opposed to the Decree. http://www.kremlin.ru/news/16493, http://www.kremlin.ru/news/16503. In an interview to Vedomosti.ru a high ranking bureaucrat said “Its easy (for the President) to throw money (billions $) and promises than to build new roads in the Far East as they are being destroyed by rains”. It sounds as if no other country in the South-East Asia has any road.

In Response

by: Charlie from: UK
October 01, 2012 4:34 PM
The ways things work are the same in Russia and China.If you want the contracts,you come up with some bankhand money,and you can forget about all the nitty gritty.For years the Russians have been worried about large Chinese immigrant population in Vladivostok.With more investments from China that would open the floodgate to more Chinese which could pose a threat to Russian sovereignty in the near future when the Chinese immigrants decide to break away from Russia and join up with Mother China as it has happened in former Yugoslavia.

What's the point in having foreign investment when it doesn't create jobs or improve the way of life for the local population? Would China have got to where it is today if the West and Japan have invested in the same way as them? Just get the resources,make the money and forget about polution,exploitation and sufferings

In Response

by: Jonathan Huang from: canada
September 28, 2012 10:10 PM
worry01fromus, you are wrong, China's investment focus on natural resources, so there is no such thing as investment return, as long as we have the accesses to those resources, we will keep invest. Another main investment is market, the main problem in Russia is the consistence of policies, if you dont have a fix rule how can we play a fair game? And for sure Russia is worried about too much China influence.

In Response

by: Worry01 from: U.S.
September 28, 2012 4:19 AM
I would be a bit wary. If China is only offering short-term investment, the residents could be left holding the bag for projects that Chinese companies decide to abandon. Some African countries have had that experience in recent years with some Chinese firms. The Chinese failed to take into account the poor infrastructure and skill level of the workforce, and lost patience when their capital investment did not yield rapid returns.

Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
Migrants Caught in No-Man's Land Called Calaisi
X
Lisa Bryant
September 19, 2014 5:04 PM
The deaths of hundreds of migrants in the Mediterranean this week has only recast the spotlight on the perils of reaching Europe. And for those forunate enough to reach a place like Calais, France, only find that their problems aren't over. Lisa Bryant has the story.
Video

Video Migrants Caught in No-Man's Land Called Calais

The deaths of hundreds of migrants in the Mediterranean this week has only recast the spotlight on the perils of reaching Europe. And for those forunate enough to reach a place like Calais, France, only find that their problems aren't over. Lisa Bryant has the story.
Video

Video Westgate Siege Anniversary Brings Back Painful Memories

One year after it happened, the survivors of the terror attack on Nairobi's Westgate Shopping Mall still cannot shake the images of that tragic incident. For VOA, Mohammed Yusuf tells the story of victims still waiting for the answer to the question 'how could this happen?'
Video

Video Militant Assault in Syria Displaces Thousands of Kurds

A major assault by Islamic State militants on Kurds in Syria has sent a wave of new refugees to the Turkish border, where they were stopped by Turkish border security. Turkey is already hosting about 700,000 Syrian refugees who fled the civil war between the government and the opposition. But the government in Ankara has a history of strained relations with Turkey's Kurdish minority. Zlatica Hoke reports Turkey is asking for international help.
Video

Video CERN Accelerator Back in Business

The long upgrade of the Large Hadron Collider is over. The scientific instrument responsible for the discovery of the Higgs boson -- the so-called "God particle" -- is being brought up to speed in time for this month's 60th anniversary of the European Organization for Nuclear Research, known by its French acronym CERN. Physicists hope the accelerator will help them uncover more secrets about the origins of the universe. VOA’s George Putic reports.
Video

Video Whaling Summit Votes to Uphold Ban on Japan Whale Hunt

The International Whaling Commission, meeting in Slovenia, has voted to uphold a court ruling banning Japan from hunting whales in the Antarctic Ocean. Conservationists hailed the ruling as a victory, but Tokyo says it will submit revised plans for a whale hunt in 2015. Henry Ridgwell reports from London.
Video

Video Russian Economy Reeling After New Western Sanctions

A new wave of Western sanctions is hitting Russia’s economy hard. State-owned energy firms continue to bleed profits and Russia’s national currency plunged to a new low this week after the U.S. and the European Union announced new sanctions to punish Russia's aggressive stance in eastern Ukraine. But as Mil Arcega reports, the sanctions could also prove costly for European and American companies.
Video

Video Belgian Researchers Discover Way to Block Cancer Metastasis

Cancer remains one of the deadliest diseases, despite many new methods to combat it. Modern medicine has treatments to prevent the growth of primary tumor cells. But most cancer deaths are caused by metastasis, the stage when primary tumor cells change and move to other parts of the body. A team of Belgian scientists says it has found a way to prevent that process. Zlatica Hoke has more.
Video

Video Mogadishu's Flood of Foreign Workers Leaves Somalis Out of Work

Unemployment and conflict has forced many young Somalians out of the country in search of a better life. But a newfound stability in the once-lawless nation has created hope — and jobs — which, some say, are too often being filled by foreigners. Abdulaziz Billow reports from Mogadishu.
Video

Video A Dinosaur Fit for Land and Water

Residents and tourists in Washington D.C. can now examine a life-size replica of an unusual dinosaur that lived almost a hundred million years ago in northern Africa. Scientists say studying the behemoth named Spinosaurus helps them better understand how some prehistoric animals adapted to life on land and in water. The Spinosaurus replica is on display at the National Geographic museum. VOA’s George Putic has more.
Video

Video Iraqi Kurdistan Church Helps Christian Children Cope find shelter in churches in the Kurdish capital, Irbil

In the past six weeks, tens of thousands of Iraqi Christians have been forced to flee their homes by Islamic State militants and find shelter in churches in the Kurdish capital, Irbil. Despite U.S. airstrikes in the region, the prospect of people returning home is still very low and concerns are starting to grow over the impact this is having on the displaced youth. Sebastian Meyer reports from Irbil on how one church is coping.
Video

Video NASA Picks Boeing, SpaceX to Carry Astronauts Into Space

The U.S. space agency, NASA, has chosen Boeing and SpaceX companies to build the next generation of spacecraft that will carry U.S. astronauts to the International Space Station by the year 2017. The deal with private industry enables NASA to end its dependence on Russia to send space crews into low Earth orbit and back. Zlatica Hoke has more.
Video

Video Future of Ukrainian Former President's Estate Uncertain

More than six months after Ukraine's former President Viktor Yanukovych fled revolution to Russia, authorities have yet to gain control of his palatial estate. Protesters occupy the grounds and opened it to tourists but they are also refusing to turn it over to the state. VOA's Daniel Schearf reports from Mezhigirya, just north of Kyiv.


Carnage and mayhem are part of daily life in northern Nigeria, the result of a terror campaign by the Islamist group Boko Haram. Fears are growing that Nigeria’s government may not know how to counter it, and may be making things worse. More

AppleAndroid