Yakutsk (Russia), Aug 1 (TIWN) Officials of the Russian government and representatives from the business community as well as international financial bodies gathered here for a brainstorming session to discuss how investments could be attracted for this region in Russias Far East, which requires huge funds for rapid development.

The visit will set the stage for some big ticket investment announcements by Prime Minister Narendra Modi when he visits Vladivostok in early September. The PM will be the chief guest for 20th edition of the annual Eastern Economic Forum to be held in Vladivostok.   The delegation of Yogi Adityanath from Uttar Pradesh, Vijay Rupani from Gujarat, Devendra Fadnavis from Maharashtra, Pramod Sawant from Goa and Manohar Lal from Haryana will include a representative from Assam, officials said.   India is looking to gain from the investment-friendly Russian approach for the region, which includes significant tax breaks allowing Indian labour for projects. In fact, some of the Indian entities which are already engaged in some measure manage to employ large chunk of Indians in their factories, said officials.