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China to invest in South Ossetia?

2009-10-14 15:25

Representatives of Beifa Group [China] arrived in South Ossetia to assess investment opportunities and organisation of industry in the region - Res.

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The delegation was received by PM Vadim Brovtsev who announced that favourable conditions for investments are created in the republic. "Political situation is stable. Security is on the high level. Taxa base for entrepreneur activities is quite advantageous. I'd like you to assess the situation seriously and if there's interest, let's cooperate". According to Brovtev, preferential conditions for doing business will be created for foreign investors.

The head of the Russian representative office of Beifa Group stated that businesspeople from China will spend in South Ossetia 2 days to study economic and legal conditions.

He promised that in case the conditions would be assessed as suitable, investments for organizing the industry would be considered.

 

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