The Investment Strategy of the Krasnodar Region Defines Further Economic Growth of the Region until 2020

October 24, 2014

The draft law "On Amendments to the Law of the Krasnodar Region "On the Strategy of Social and Economic Development of the Krasnodar Region until 2020" was passed in the first reading at the 27th session of the Legislative Assembly of the region on October 22, 2014.

The draft law proposes to amend the Law of the Krasnodar region "On the Strategy of Social and Economic Development of the Krasnodar Region until 2020" in order to promote the investment strategy of the region until 2020.

The prepared draft law contains the principal goals and objectives to implement the investment policy of the Krasnodar region, as well as defines the system of investment priorities in the region, including a description of the priority sectors of the regional economy and growth of the territorial industrial clusters.

The document was developed by the Ministry of Strategic Development, Investments and Foreign Economic Activity of the Krasnodar region in recognition of the requirements of the Regional Investment Standards and Proposals from industry experts, representatives of the regional business community and social organizations participating in its discussion.

Adoption of the draft law would allow with more systematic work to find and attract investment in the priority sectors of the economy of the Krasnodar region, as well as increase the investment attractiveness of the region for potential partners.

Source - Investment portal of Krasnodar region



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