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10 projects with foreign investment for 24 billion rubles will be implemented in Kuban

As a result, about a thousand new jobs will appear in the region. The development of cooperation with investors was discussed at a meeting of the Foreign Investment Advisory Council. The event was carried out by the Head of the Region, Veniamin Kondratyev.

As explained by the Vice Governor, Aleksandr Ruppel, 20 foreign projects with an investment volume of more than 50 billion rubles started in the region by 2020. At present, 10 of them have been completed, and six have received state support in the form of tax incentives.

– 10 projects are in the active stage of implementation now. The volume of foreign investment in the region’s economy will amount to about 24 billion rubles by the end of 2023, and the commissioning of new enterprises will give the region about a thousand new jobs, – the Deputy Head of the Region stated.

EuroChem-Belorechenskiye Minudobreniya is implementing a large investment project for the comprehensive modernization and expansion of production facilities. A logistics center is being constructed in the Bryukhovetskaya District now. Investors have already been assisted in obtaining technical specifications for the connection to electricity and gas supply networks. An enterprise for the primary processing of agricultural products is being constructed in the Slavyansk District.

The press service of the Administration of the Krasnodar Region