The project "Titanium valley" will be presented at the international investment forum in Sochi
The initiators of the project of the special economic zone (SEZ) «Titanium valley» (Verkhnyaya Salda, Sverdlovsk oblast) decided to present their concept to the participants of the investment forum «Sochi-2011». About it journalists were reported by Alexander Y. Petrov, Minister of industry and science of the region. The event will be held 4 days (from 15 to 18 September this year) in a number of prestigious places in Sochi, which includes Winter theatre, hotel «Zhemchuzhina», water Park «Mayak» hotel «Marins Park Hotel», restaurant «Veranda» (the hotel «Primorskaya»), sanatorium «black sea» and other establishments. During the forum participants from Russia and foreign countries will discuss a range of issues relating to the investments (on security and profitability of investment projects, prospects and problems of the business). At the beginning of July was more than 200 participants. «Titanium valley» at the event will be presented by the Governor of the Sverdlovsk region, Alexander Misharin. Recall that the SEZ project involves the creation of in close proximity to the main production VSMPO AVISMA, which produces the initial semi-finished titanium complex of enterprises specializing in the production of titanium products for aerospace, atomic energy, rocket and space industry, as well as for automotive and shipbuilding. For residents of the project provides a package of benefits in relation to tax and customs duties. The total amount of funds that will invest in the creation of the «Titanium valley» within the next 20 years will be about $2.25 billion.