Seeing Asian demand RUSAL's parent company plans to list in Hong Kong next year

According to Hong Kong’s Ming Pao Daily News, Russia’s territories are vast, with Siberia and the Far East in its territory occupying 70% of the country’s natural resources. The En+ Group, which holds a 47.4% stake in RUSAL (0486) and is also the energy flagship of the country’s wealthy Oleg Deripaska, plans to invest US$25 billion in the above-mentioned regions for the construction of hydropower plants and other production facilities to expand to higher levels. The growing Asian countries export their resources and promote the local economy. However, when Opelka accepted the visit, he frankly stated that the country’s infrastructure is lagging behind and that the Russian government still needs strong support.

Russia, which spans Asia and Europe on both continents, has been tending to “disengaging Asia and Europe” since the disintegration of the Soviet Union in the early 1990s. Economic policies have focused on the development of the European part, leading to long-term backwardness in Siberia and the Far East. In a speech at the Baikal International Economic Forum held in Irkutsk, East Siberia, last week, O'Brien pointed out that with the shift of the global economic center of gravity to the east, the local community should seize the opportunity to integrate with Asian countries.

Ao Bojia: Siberia’s infrastructure needs to be backed by government support. After accepting the interview, Frank admitted, “Moscow’s focus is still in Europe. If this attitude changes, it is believed that it will accelerate the development of Siberia and the Far East, making the country subject to preferential treatment. It is a pity that the authorities And many companies in Russia have not yet reached consensus."

He believes that other obstacles to the integration of the region with Asia include backward infrastructure and lack of talent. “The lack of community infrastructure, airports, hotels, translation and other basic service personnel is not enough.”

Local research institutions have estimated that the investment demand for related infrastructure in the next 20 years will be close to US$600 billion, but the budget of the Russian Federation’s government promises only US$150 billion. Opelja said that it will actively lobby authorities to launch stimulus programs, increase investment in infrastructure, and increase incentives. Tax incentives for foreign investment.

At the forum, he also called for an increase in financial infrastructure, such as the establishment of a development bank and investment. “The resources of Siberia and the Far East are like our treasury. If we do not develop now, the environment in Asia after 10 to 15 years will be very different. We will certainly miss many opportunities by then.”

Flagship En+ Spotlights Asia's Energy Demand By the 2011 Forbes Global Rich List, Aobojia ranked 36th for its $16 billion in net worth. Ranked higher than "Paul" (John Paulson, 39th) and Quantum** founder (George Soros, 46th), ranked sixth among the richest Russians. The En+ Group is the energy flagship in its corporate kingdom (shown in the figure and manuscript for details). It is spotted in the thirst for energy and resources in Asian countries such as China and India. It not only invests in hydropower plants in neighboring Siberia, but also hopes to use Hong Kong as its * * Platform, actively seeking listing.

According to Artem Volynets, CEO of En+ Group, the company may refer to the model of Glencore (0805), the world's largest commodity trader, to issue convertible bonds in the next 6 to 9 months, introducing 6 to 8 sovereigns and Global-renowned institutional investors have established the equity equity (Building equity story) and will hold the initial public offering (IPO) in the second half of next year.