Business should focus on investments in small and medium-sized enterprises in Russia, said the Chairman of the Board Russian “daughters” Korea Exchange Bank ham Us Ju.
MOSCOW, 30 Oct. Attracting investment from the Republic of Korea in Russia should be developed, primarily in the fields of direct investment in large companies and small and medium enterprises and portfolio investments, stated the Chairman of the Board Russian “daughters” Korea Exchange Bank ham Us Ju.
According to him, in the sphere of direct investments in large companies it is necessary to expand current investments. So, it is necessary to open new facilities, factories and so on. In addition, it is necessary to build an additional production line for the production of spare parts.
To attract new investments, according to the Chairman of the Board, the business should focus on investing in medium and small enterprises.
“The purpose of new investment should be small and medium enterprises and portfolio investments,” he said, speaking at the Russian-Korean business seminar. In the matter of SMEs, special attention should be paid to the Far East and focus on the agribusiness, seafood and tourism.
A new area of cooperation should also be both corporate and individual portfolio investments. According to ham Us Joo, Korean business is interested to invest in stocks and bonds directly through the Moscow exchange. Another interesting area is represented investments in real estate, he said in his presentation.
Korea Exchange Bank was founded in 1967, one of the main directions of its activity is the external trade of the Republic of Korea.