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The Krasnodar Region Concluded Agreements for a Total Amount of About 19.5 Billion Rubles Within the St. Petersburg International Economic Forum

The delegation of the region was headed by Governor Veniamin Kondratyev. The Pavilion of the Krasnodar Region was visited by more than three thousand people during the main days of the international event.

Kuban concluded eight agreements amounting to 19,453 million rubles at the St. Petersburg International Economic Forum.

The largest agreement concerns the development of recreational infrastructure in Gelendzhik. So, the Administration of the Krasnodar Region signed an agreement in the amount of 12.5 billion rubles with Gelendzhik Seaport LLC. Gelendzhik Marina Multifunctional Recreational Complex is planned to be constructed in the resort city by 2022.

Tomatek plans to construct a greenhouse complex with utility systems for the cultivation of tomatoes in the territory of the Severskaya District. Investments will amount to nearly 3.5 billion rubles.

In addition, the results of the National Rating of the Investment Climate in the Subjects of the Russian Federation were announced within the St. Petersburg International Economic Forum-2018. The Krasnodar Region improved its positions and climbed up one line by becoming sixth-ranked for the first time since 2014.

– This means that the measures we are taking to improve the investment climate are working. These are ready-made sites for business «on a turn-key basis», privileges and preferences, as well as information support of entrepreneurs, – Veniamin Kondratyev noted.

Source: Investment Portal of the Krasnodar Region