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Investment potential of Krasnodar region presented at the Forum in UAE

Non-profit JSC «Corporation for development of Krasnodar region» took part in the investment forum Annual Investment Meeting in the city of Dubai, United Arab Emirates. According to Paul Mayorov, Director General of the Corporation for development, the participation in the Forum enabled not only to present an investment potential of the region as one of the largest global arenas but also to unveil new opportunities for attracting direct foreign investment into Kuban.  

- We conducted a series of negotiations and reached certain agreements with managers of leading companies dealing with direct foreign investment, - commented Paul Mayorov.

Thus, the region expects to participate in the initiative Dubai FDI aimed at establishing a web-platform, where international investment projects, including regional ones suitable for UN sustainable development objectives, will be located. 

- We held a meeting with Secretary General of the International Council of UAE. We reached an agreement on arrangement of joint business delegations and on informational exchange, - told in the Corporation.

Following the results of the event, a collaboration process with WAIPA – international Association of Agencies for promotion of investment – has started.

As reported in the regional department for investment and SME development, over the first quarter 2019, nine delegations and business missions visited the region. The region took part in five international exposition events.


The Annual Investment Meeting (AIM) serves as a leading global arena for direct foreign investment. AIM is the largest global investment meeting of corporate leaders, politicians, businessmen, regional and international investors, entrepreneurs, senior scholars and experts demonstrating relevant information, strategies and expertise in attracting direct investment. The Forum is targeted at merging business and countries willing to enter into sustainable partnership relationships with investors.