The United Nations Development Programme (UNDP) is striving to mobilize the private sector in revitalizing the economic cooperation and development in the Greater Tumen Region.
The private sector is supposed to materialize on the existing business and investment opportunities. This was disclosed at a promotion meeting held in Beijing two days ago for the purpose of promoting the upcoming Changchun Investment Forum "Attracting Investment for Growth in the Greater Tumen Region" in Changchun, China, this September. State leaders from the five member countries will meet with investors from different countries.
The main objective of the investment forum is to contribute to increased foreign direct investment in the Greater Tumen Region, attract particularly private investors including major foreign corporations and financing institutions, and raise the awareness about the investment potential among potential investors. The investment forum will specifically highlight the investment potential of the region in the infrastructure (transportation and energy), tourism and specific industrial and agricultural sectors.
UNDP proposed the concept of the Greater Tumen Region which is situated at the crossroads of trade and transport routes between Europe, Northeast Asia and North America and covers mainly the area involving Jilin and Heilongjiang provinces in northeast China, Rason Economic and Trade Zone (ETZ) of DPRK, Primorsky and Khabarovsky territories as well as Sakhalin, Russian Far East and Eastern Mongolia.
Organized by the United Nations Development Programme (UNDP) and the Tumen Secretariat, the Changchun Investment Forum for the Greater Tumen Region will be held on September 2 – 4, 2005 in Changchun, China, as part of the First China Jilin — Northeast Asia Investment and Trade Expo in a bid to expand the investment opportunities in the region.
