26 Feb '09
A number of Russian investors have inked more than $28m worth of investment agreements with Magadan regional authorities, Interfax reported today.
Most investment is reportedly expected in geological exploration and gold mining.
Some investors, however, focus on different sectors, the report said. The Mamont group of companies plans investment in a volcanic ash deposit; Dalsvyaz wants to buy into the regionís telecom business; and KFH Komarova has announced its dairy production plans.