One of the largest Japanese companies considers possibilities for cooperation with the Ulyanovsk region

The prospects for further work were discussed on 7 November. The event took place during the meeting between the head of the region Sergey Morozov and the Director General of Mitsubisi Corporation (RUS Minoru Furusava.

 “We are actively collaborating with Japanese companies and we are proud that they believed in us and placed their enterprises in our region. The relations between heads of our countries are very good, and we would like to contribute to their development. We have established partnership not only in the sphere of economy but also in the field of culture. This year, we have held a joint festival "Japanese Spring on Volga" for the first time. I hope that it will become a good tradition. Every month we hold meetings with the management of Japanese enterprises that have implemented their projects in the region, as well as with representatives of new companies. During our last visit to Japan, we met with Isuzu management. As the result of these negotiations, a new production of buses will be launched in the Ulyanovsk region in the nearest future. In addition, the company made the decision to expand production capacities in the region. Currently we are looking for a new land plot for them”, – Sergey Morozov said.

A number of Japanese companies are actively working in the Ulyanovsk region. These include the Takata facility that manufactures autocomponents, the Isuzu plant on production of trucks, and the machine-tool factory of the Japanese-German company "DMG MORI".  Opening of the plant on production of automobile tires - a joint project of Bridgestone Corporation and Mitsubisi Corporation - took place on 25 May 2017. The company visited the region to find new options for cooperation.

According to the Governor Sergey Morozov, negotiations will continue in Tokyo in late November within the visit to Japan. The delegation of the Ulyanovsk region will present investment potential of the region and will hold a number of meetings with new companies to discuss prospects of their production localization in Russia.