Investment in Tver grows, portfolio at $5 billion | Russia Beyond The Headlines:
"Not too long ago, Tver Region, which lies to the northwest of Moscow, was synonymous with the creepy backwoods—despite its ideal location on the road connecting the country’s two capital cities of Moscow and St. Petersburg. In 2009, Foreign Direct Investment accounted for only 1.8 percent of the local economy, and many motorists argued that Tver had the worst roads in Central Russia.
Two years ago, the region overhauled its administration, and former paratrooper Andrei Shevelev became the new governor. Although one could have expected the former commando to keep to the conservative track, the new team of managers actively pursued a closer collaboration with foreign investors."
'via Blog this'
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