Aksyonov Chen: Chen, who is chairman of the board at China International Energy Group, said Chinese investors were also keen to invest in canning and machine building factories in Dzhankoy in northern Crimea and a golf club on the peninsula mountainous southern coast, according to a press release on the Crimean government website, according to The Moscow Times. TASS reported Wednesday that the Chinese delegation had agreed to invest in energy projects in Crimea. With the help of Chinese equipment and technology the venture could yield "very large revenues," Chen added, according to the agency. Concrete deals are so far not on the table, however: Aksyonov and Chen on Thursday signed only a protocol on investment cooperation, according to the press release. The measures restrict companies and individuals in those countries from working in Crimea. Crimea options for foreign investment were limited by harsh trade sanctions imposed on the region by neighboring Ukraine, the United States and the European Union after Russia annexation of the region in March last year.
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Tagged under Aksyonov Chen, canning machine building topics.