Another pioneer in the Russian Far East is Hyatt, which opens two hotels with a total of 450 rooms next year in Vladivostok. Hyatt will be the first international chain to manage hotels in the Russian Far East.

"Hyatt in general is looking into expanding throughout Russia and throughout the CIS region," said Aliya Turumbekova, Hyatt's marketing director, at a visit to one construction site.

"So we think that this is a very good region with a very good potential. And especially being the first international chain in the Far-Eastern region, we are very proud to manage these two hotels."

Caterpillar machinery was crucial in building the Hyatts, the APEC conference center, and a massive new aquarium.

Joe Caldwell, who has been renting and selling Caterpillar equipment in the Russian Far East for 16 years, said, "There's Caterpillar equipment, earth-moving, bulldozers, road building compactors, generators at the Aquarium, and all over this island. We rented probably 100 machines, sold them 150 machines."

Saturday, while the summiteers were watching fireworks, Emil Veliev, construction director of the APEC site, was backstage, proudly demonstrating his sewage treatment system and his desalination plant, each built with American technology.

"For the future of Russia and [cooperation with] America, for the new products, it really depends on these people who are willing to invest, who actually see the benefits of all these products," Veliev said.

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