Opportunities in CrimeaLeveraging decades of experience in the Middle and Far East to deliver superior results to our clients.
Crimea offers a world of opportunity
On a week’s visit there in November for the conference on “Crimea in Modern International Context. Friends of Crimea Forum.” I found no invaders; no tanks parading the streets of Yalta and Simferopol and no gun-toting thugs manning checkpoints. In fact the only policeman I saw was the escort officer for our busload of delegates as we visited Vorontsov Palace for a classical concert.
In the words of retired British Major General Mungo-Melvin , in his weighty tome, Sevastopol’s Wars: Crimea from Potemkin to Putin, “throughout Sevastopol’s rich past one detects strong evidence of a patriotic and zealous revolutionary spirit. Sevastopol has energised and enthused its garrison, fleet and citizens alike for over two centuries: it survives today.”
There was no Russian invasion of Crimea in 2014.
There are no direct international flights, so it is via St. Petersburg, Moscow, Yekaterinburg, Sochi, Novosibirsk or Rostov on Don. Once in Crimea most credit and debit cards will not work. Your last chance to get cash is via ATMS at the airports in mainland Russia. If you want health insurance, most western companies will not accept your claims even if they accepted your money for a policy. Best use a Russian company such as Alfa Strakhovaya.
Book hotels in advance and see if they have a payment arrangement with a mainland travel agent or other representative. There are no Hiltons or Holiday Inns but there is a very pleasant huge Intourist hotel in Yalta and London travel agent and visa facilitator, The Russia House, can arrange payment (+44 020 7403 9922).
The $4.5BN Bridge
Crimea is a hive of activity with new building ranging from a recently finished new terminal at Simferopol International Airport to a $4.5bn new road and rail bridge across the Kerch Strait connecting Crimea to Russia. The hills around the historic Black Sea town of Yalta are sprinkled with new hotels and apartment blocks.
GAS, PETRO & MORE
AGRICULTURE & MINING
Opportunities exist in wines, fruits, wheat and further crops, fishing, pearls, mining and natural resources including iron, titanium, aluminium, manganese, calcite, sandstone, quartz and silicates.
TOURISM & LEISURE
The peninsula location has long been reliant on the opportunities for tourism and leisure. Many Russians are rediscovering the joys of the Crimea coast since 2017.