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Catalyzing Regional Growth in Crimea                       Black Sea Economic Forum, 8 October 2011James WilsonEUUBC
103, Avenue de l’Armée, B1040 Bruxelles        87, KievskiyAve, 83007, Donetsk, Ukrai             ne                Promot...
   February 2011:             Goals:    Establishment of The       Increase Foreign    Agency for Regional         Inve...
May 2011                 Goals: Agreement on            Supporting social  support of the           and economic  “Joint...
EU keen to do more to encourage and promoteregional development particularly in Crimea   Support ARC ambition and vision ...
85 Partners from the                  EU, Turkey and the                  Eastern Partnership                  countries:A...
   Important goals for growth   Key flagship projects developing transport    potential    ◦ Transport infrastructure   ...
The Cruise Industry has yet to gaintraction in the Black Sea compared withother parts of Europe, where the industryis well...
Sea Basin    Passengers       Tourist Spend     Value Added                                        €                € Medi...
   According to the Regional Development    Agency for Crimea: “Development of Crimea’s    hotel industry, specifically t...
Develop long term strategicpartnerships for growth   Hospitality training   Language training   Recruitment centres for...
EU UNDP and otherInternational Institutionsidentify support keyprojects and providelegitimacy/transparencyfor investors   ...
Questions?
Catalyzing regional growth in Crimea. By James Wilson
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Catalyzing regional growth in Crimea. By James Wilson

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Catalyzing regional growth in Crimea. By James Wilson

  1. 1. Catalyzing Regional Growth in Crimea Black Sea Economic Forum, 8 October 2011James WilsonEUUBC
  2. 2. 103, Avenue de l’Armée, B1040 Bruxelles 87, KievskiyAve, 83007, Donetsk, Ukrai ne Promotion of Crimea in London 50B , Zhylyanskaya and Brussels May 2011 Street, Kyiv, Ukraine www.euubc.com
  3. 3.  February 2011:  Goals: Establishment of The  Increase Foreign Agency for Regional Investment Development in the Autonomous Region of  Develop local Crimea with financial infrastructure support from the EU and technical support from the UNDPSupport from European Private InvestmentInstitutions
  4. 4. May 2011 Goals: Agreement on  Supporting social support of the and economic “Joint Cooperation development of Initiative in Crimea Crimea (JCIC)” signed with  specific focus on the European tourism Commission in  building social Brussels with a infrastructure budget of €12  promoting Foreign million. Direct Investment
  5. 5. EU keen to do more to encourage and promoteregional development particularly in Crimea Support ARC ambition and vision to:- ◦ Establish friendly and welcoming business climate ◦ Develop improved image and branding ◦ Promote a stable and attractive FDI environment Reduce disparity and development gap with other regions in Ukraine Key element in process of political association and economic integration Crimea first Region in Ukraine to secure EU Regional Development Budget Line
  6. 6. 85 Partners from the EU, Turkey and the Eastern Partnership countries:A European Commission initiative, managed by EUROCHAMBRES, implemented by the East Alliance and co-financed by the European Union www.east-invest.eu
  7. 7.  Important goals for growth Key flagship projects developing transport potential ◦ Transport infrastructure ◦ Airport construction ◦ Port development Key tourism projects ◦ Hotel development ◦ Cruise terminal development www.ard.crimea.ua
  8. 8. The Cruise Industry has yet to gaintraction in the Black Sea compared withother parts of Europe, where the industryis well established
  9. 9. Sea Basin Passengers Tourist Spend Value Added € € Mediterranean 1.1 bn 1.3 bn 607 m Baltic Sea 146 m 183 m 73 m North Sea 103 m 131 m 59 m Black Sea 1.3 m 1.7 m .6 mDistribution of cruise tourist spending (in euros) calculated by EU sea basin Source: Study by European Commission on Maritime Industry in 2009
  10. 10.  According to the Regional Development Agency for Crimea: “Development of Crimea’s hotel industry, specifically through attracted investment, is a growing priority. There are currently more than 30 investment projects in the pipeline to develop the ARC’s hotel industry.” InterContinental Hotels Group sets sights on growth in Russia Plans for 100 hotels in Russia and CIS by 2020
  11. 11. Develop long term strategicpartnerships for growth Hospitality training Language training Recruitment centres for global brands Building supply and distribution for global brands
  12. 12. EU UNDP and otherInternational Institutionsidentify support keyprojects and providelegitimacy/transparencyfor investors Improved Branding, Image and Business Environment of Crimea attracts Investors and International Corporations to invest in flagship projects
  13. 13. Questions?

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