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Program on RBK Channel on perspectives of SEZ Titanium Valley development

On December 3rd Artemiy Kyzlasov, General Director of OJSC “SEZ Titanium Valley”, visited Maria Stroeva’s TV program. The program was titled “Titanium Valley: growth problems”. Mikhail Voevodin, General Director of OJSC “VSMPO-AVISMA Corporation” , Sergey Kravchenko, President of the company “Boeing in CIS”, and Oleg Panteleev, Head of the Analytical Department of Aviaport Agency, also participated in the discussion.

Artemiy Kyzlasov, General Director of OJSC “SEZ Titanium Valley”:
The special economic zone is some sort of an oasis for foreign companies. Here they don’t encounter corruption and long consideration times to get business permits. Being a managing company we function as a buffer between those who want it fast and well and the Russian reality. The zone has a federal status, and any company possessing the status of a SEZ resident is protected against unfavorable changes in the Russian legislation.
By now all the major project works have almost been completed. So, we are able to commence building processes. Some facilities are already being built. The infrastructure on the site provides residents with the opportunity to fulfill their construction projects. At the same time we are beginning to place tenders for major construction works.

Sergey Kravchenko, President of the company “Boeing in CIS”:
We are 100 % sure that we will expand our joint venture. In a few months we are going to develop a 7-years’ roadmap till the year 2020 together with the Russian Technologies and the VSMPO-AVISMA Corporation. It may happen that we are going to have a new production plant. And we would like it to be registered in theTitaniumValley.

Mikhail Voevodin, General Director of OJSC “VSMPO-AVISMA Corporation”:
We are definitely going to be built. Machining is one of the directions intensively developed in our company. Within the upcoming few years we are going to build at least one production plant in theTitaniumValley. And our investments into construction will be at the level of 100–120 millionUSdollars. We may even start to build next year, if the construction sites are appropriate for the works. It is worth mentioning that now we are actively negotiating with other consumers of our products about establishment of joint ventures. Our main targets now are about two plants.

Oleg Panteleev, Head of the Analytical Department of Aviaport Agency:
TheTitaniumValleyproject is making a new milestone. The fact that it has won support from the federal Government is undoubtedly a clear sign for investors and potential residents who are now contemplating betweenRussiaand other regions. TheTitaniumValleyhas a far better future than the others.

04.12.2012