The fifth annual International Economic Forum Kuban-2006 opened in Sochi Friday drawing Russian and international business elite, diplomats and trade representatives that want to hear about the economic opportunities in the region.
One of the highlights during the two-day event will be discussions on the Federal Target Programme for the development of Sochi 2006-2014 FTP. There will be a round table discussion with Alexander Zhukov, Deputy Prime Minister of the Russian Government and Head of the Government Committee for Sochi, on Sochi’s 2014 bid and its economic impact on the region.
There are 3,500 registered participants at the forum from 135 countries around the world.
Zhukov said at the event, “in half a year we managed to achieve a lot for strengthening Sochi’s bid. Sochi has become a strong Candidate City thanks to the support of its natives. This forum will increase the bid’s efforts – investors that are here have a chance to see with their own eyes that the city deserves to become the capital of the 2014 Olympic Winter Games”.
Sochi 2014 bid CEO Dmitry Chernyshenko said, “the Russian Government and the business community recognize the unprecedented economic and social legacy the 2014 Winter Games would leave for the region should Sochi be selected as the host city. The Games would help establish the region as a winter sport destination, create a winter sport centre of excellence in Sochi, and raise awareness of the region on a global scale”.
He added, “we have the right resources, expertise and passion to offer the world an unforgettable Winter Games experience, with state-of-the-art facilities and brand new, modern infrastructure, which will be developed in Sochi over the next seven years”.
