Fortune 1 encourages you to take a good look at Russia. This large and very exciting country is increasingly liberalizing laws to promote western investment and business creation.

Whereas Moscow and St. Petersburg have embraced western culture and have quickly become strong markets for western products and services, the interior of Russia offers excellent opportunities for companies looking to expand their operations and take advantage of an exceptionally low cost base.

Distances in Russia are great. Past the eastern border cities, lies an exceptionally educated work force that is frustratingly under utilized. New Russians are an intelligent and hard working people, with a great desire to improve their lives and the future of their country. Here you have the human capital in terms of education, skills, and want-to-ness equivalent to the U.S., and the low costs of a developing country.