31 January 2012, Tuesday, 20:19

Rustem Khamitov has received the head of the representative office of the bank JBIC Hiroshi Ivao and the President of the company “Sumitomo” Takechiko Arai

author: Alim Faizov

On January 31 the President of Bashkortostan Rustem Khamitov has met with the head of the representative office of the Japanese International Cooperation Bank JBIC in Russia and CIS Hiroshi Ivao and the President of the company “Sumimoto” Takeshiko Arai.

The public affairs service of the President RB reports in the course of the meeting the parties were negotiating attraction of investments to Bashkortostan from Japan and development of joint projects on the territory RB with participation of Japanese business and with the use of modern technologies.

“It is an honor for us to receive you, the heads of serious structures, engaged in big projects in different countries, including Russia, here. We’d like your companies have business relations with Republic of Bashkortostan – one of the biggest Russian regions” – Rustem Khamitov said, telling the guests about our Republic.

“We are the seventh by population in the country and our indices in 2011 are higher than the average Russian ones both by volumes of industrial production and by the gross regional product. We have well-developed oil mining, oil refining, oil chemistry and chemistry. Besides, we possess powerful building complex and agriculture. We have well-developed infrastructure, roads, electric stations and gas supply, i.e. all what is connected with industrial production. Good geographic location and solid competences in many branches of knowledge make us stable industrial region in Russian Federation”.

Rustem Khamitov has underscored that the Republic needs resources for raising the rates of its development.

“We started working with Japanese companies slightly more than one year ago” – the President RB mentioned – “And for today we clearly see continuation of this activity and prospects in our relations. My consultant Rishat Usmanovitch Mullagildin is the official representative of Bashkortostan in Japan. He actively works with Japanese companies, playing very important role for us. It is high time to start developing real projects and we’d like to make this work active. The republic is ready to provide foreign investors with good benefits. We are working with the investors very attentively, making comfortable conditions for them. These conditions will be open, frank and you’ll face zero risks, working with us” – the head of the republic stated.

“We understand that Bashkortostan is one of the biggest Russian regions” –Hiroshi Ivao said – “You have many natural resources and your industrial sector is developed quite well. Republic of Bashkortostan is the region, having very solid potential. Our trade circulation with Russia amounts to 10 billion dollars but if talking about trade circulation between Japan and your Republic it is equal just to 30 million USD, and, as far as we know, just one company from Japan makes investments in Bashkortostan for today, so we believe that now we are standing before very evident opportunities for consolidation of our economic relations”.

As M-r Ivao said, Japan cooperates with Bashkortostan in three main directions now: waste recycling with the help of gasification and ash melting — the project, developed by Bashkortostan and the companies “Sumimoto” and “Mitsubishi Heavy Industries”; the project for construction of a plant for production of acryl acid; production of ethylene (at JSC “GASPROM NEFTEHIM SALAVAT”).

“When these three projects ripen, JBIC will be ready to discuss the possibilities of their financing and we ask you to render all-sided assistance to all three projects”.

For Japanese companies Bashkortostan can be rather attractive region since it possesses solid stocks of resources, especially oil and gas.

“At the same time Japan faces shortage of natural resources” – M-r Arai said – “And because of this our country has to apply great efforts for designing energy-saving technologies and for wild life conservation. Now we get a chance to develop the project for waste recycling by the method of gasification and ash melting in your Republic. This technology has three main advantages: practically any waste can be recycled, no dioxin discharges and only 3% of recycled waste is left in the form of ashes. The temperature, used in gasification, reaches more than 1000oC and up to 1500oC in some cases”.

As soon as Japanese engineers work in close interaction with the Republican specialists, M-r Arai has expressed assurance that the results of the project will be quite satisfactory. He has also added that in the nearest future a memorandum of cooperation between “Sumimoto” and Bashkortostan can be signed and according to M-r Arai this document is discussed by specialists now.