More than 33 foreign delegations visited the Krasnodar Region in the current year

12/12/2018 / Foreign economic activity
Investment Advisory Council to the Governor of the Krasnodar Region was held in Krasnodar.
This year marks the 15th anniversary of the foundation of the first subdivision of the Association of European Business in Russia - the Southern Regional Committee. The members of the Committee are more than 40 foreign companies, working in the South of Russia.
Welcoming the participants, Vasily Shvets, the Vice-Governor of the region, said that 33 foreign delegations from Turkey, Japan, China, Spain, Germany, Italy, Belgium etc. visited the Krasnodar Region this year.
We have noticed the positive dynamics of attracting foreign investment. Following the results of 2017 the total volume of investment amounted more than 1,8 billion dollars. It is 1,3 time higher than in 2016, – said the Vice-Governor.
In terms of this indicator, the region steadily ranked 1 among the entities of the Southern Federal District. In just 25 years of international investors presence in the Krasnodar Region, more than 18 billion dollars were invested in the region’s economy. It is compared with the budget of some countries.
Vasily Shvets also noted that the Association of European Business had a prominent role in forming a positive investment climate of the region, according to the press service of the region’s Administration.
According to Frank Schauff, the CEO of the Association of European Business, the organization pays considerable attention to the Krasnodar Region as one of the most investment attractive and dynamic developed regions.
We sincerely hope that European business in future also will feel comfortable due to realization of regional efforts.