In the news from Crimea, authorities there have invited Italian entrepreneurs visiting the peninsula to invest in marina development. The project, in the Crimean town of Balaklava, is focused on farming oysters and additional urban planning for the region.
An 18-member delegation of Italian lawmakers and business people is in Crimea October 14-16, now studying the Free Economic Zone created by the Russian region to invite investment. Sergey Gradirovskiy, head of the department of priority projects for the development of Sevastopol, told reporters earlier:
“I want to inform you that we have Free Economic Zone that presents ideal conditions for investment. In regard to marina, we are very much interested in modern technologies in terms of marina development, because we are certain that we will find a niche of our own in the Mediterranean community as soon as sanctions are lifted. I also want to compliment the Italian architects and add that the Crimean cities will only win if Italian architects get a chance to work here.”
Gradirovskiy went on to describe the “ideal conditions” for farming oysters in Crimea and invited the Italian entrepreneurs to bring their businesses to Crimea.
There are many Italian entrepreneurs who want to extend their businesses and try new markets.
Gradirovskiy also invited suppliers and partners from Italy to follow in the footsteps of wine producers from France who, while visiting Crimea, announced their intention to set up a joint venture on the Peninsula in July.
Some 60 delegations from dozens of countries, including France, Italy, and Jordan, have visited Russia’s southwestern Crimea region so far this year, defying Western restrictions.
Photo credit: Feature image courtesy our friend Igor Kuzmin.
