Service Industries- Highlight
14 March 2019
Vladivostok is not only home to Russia’s largest Pacific ports, but is also the far eastern end of one of the world’s longest train rides. This, plus the upgraded Vladivostok International Airport (VVO), has helped to make the Russian Far East a more prominent eastern gateway to Russia, attractive to traders and logistics businesses.
In addition to strategic investment vehicles such as ASEZs and FPVs, the Russian government has implemented two special schemes – the Special Administrative Region (SAR) and the Integrated Entertainment Zone (IEZ) in Russia Far East to unleash the region’s full potential. This gives Hong Kong – a renowned SAR, international financial centre and world-class tourist destination – a new window of opportunity.
With the post-1980-born generation soon to have the whip-hand when it comes to dominating global consumer spend, retailers need to factor in the preferences of these digital natives if they truly plan to stick around for the long term.