OREANDA-NEWS. December 6, 2010. JSC FGC UES delegation led by the Chairman of the Management Board Oleg Budargin participates in IV Russia-Japan Investment Forum held in Tokyo. Deputies Chairman of the Management Board Andrey Kazachenkov and Roman Berdnikov take part in JSC FGC UES delegation.

Within the Forum there are activities to promote development of Russia-Japan investment cooperation including in electric power sector. The Forum sponsors include the Ministry of economic development of the Russian Federation and the Ministry of economy, trade and industry of Japan. Participants to the Forum are representatives of government authorities, political and business communities of both countries.

At the Forum Oleg Budargin delivered a report on JSC FGC UES modernization and innovative development and new opportunities of expanding cooperation of the company with Japan business circles. Potential areas or cooperation include establishing of joint ventures to produce energy efficient and high-technology equipment, joint development and implementation of electric grids intelligent development concept including pilot territorial clusters and also joint activities on developing and implementing new scientific schools in electric power industry.

JSC FGC UES is seriously interested in establishing joint transformer equipment works with JSC Power Machines and Toshiba, in implementing innovative project with Marubeni Metals Corporation on constructing double-circuit power transmission line 220 kV Green Corner – Russkaya with cable crossing via Eastern Bosporus channel within the framework of preparations for 2012 Asian-Pacific Economic Cooperation Summit and also in engaging Japanese companies and investors in projects on intelligent grid implementation.

This working visit of JSC FGC UES delegation to South Korea and Japan was organized within the framework of the official visit of the RF President Dmitry Medvedev to G20 and APEC Summits.