Пресс-релизы JP

Sojitz JECT Corporation / JPPV

Japanese Project Promotion Vehicle in the Far East Limited Liability Company

(JPPV) signed on September 7, 2021 Service Agreement with Sojitz JECT

Corporation. The Service Agreement envisages the provision of necessary

conditions to Sojitz JECT Corporation for the implementation of business

projects in the Russian Far East related to development of biomass sources for

renewable energy, taking into account environmental aspects.

Sojitz JECT Corporation is Japanese company expressing interest in participation

in projects, implementing in Russian Far East, using preferences of the Advanced

Special Economic Zones (ASEZ) and Vladivostok Free Port (VFP).

JPPV was established on 14 March 2018 as a joint venture company co-founded

by Japan Bank for International Cooperation, the Far East Investment and Export

Agency and the VEB.DV aiming to support Japanese companies in starting their

business in Russia and promoting projects planned to be implemented in

Russian Far East to potential Japanese investors.

The cooperation between JPPV and Sojitz JECT Corporation will become a

practical step forward in enhancement of activity of Japanese investors in

Russian Far East using opportunities of ASEZ and VFP and contribute to further

deepening of economic relations between Japan and Russia.