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British Investors Interested in Cooperation with Yakutiya

British Investors Interested in Cooperation with Yakutiya

The time has come for British investors to inject money into other economies, not vice versa.

According to Alexander Fedotov, director general of the Republican Investment Company, who has recently come back to Yakutiya from London, British investors are interested in cooperation with the region.

At the London Stock Exchange, which took place on September, 29, the President of Yakutiya, Yegor Borisov, invited UK investment companies for cooperation and development of various investment projects. Yakutiya is proved to have a great potential as it has lots of mineral resources worth at least 3 trillion dollas.

According to Alexander Fedotov, this October the businessmen of London and Yakitya will hold several meetings during which they discuss investment opportunities.

“Today, we are interested in intensive cooperation with foreign investors, in particular the UK, which have a low-cost capital and have the opportunity to make direct long-term investment in capital-intensive projects such as mining and processing of hydrocarbons,” said Fedotov.

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