On October 6, 2017 the meeting of the Commission for improving investment climate in the Krasnodar Region was held

10/06/2017 / Announcements and results of actions
Krasnodar Region in the first half of the year has attracted more investment than in the same period of the previous year. A total of 155 billion rubles was invested to the regional economy. Only a few regions were more successful than Krasnodar Region. The following results were announced during the Commission for improving investment climate in the Krasnodar Region.
Most of all, investors are interested in the following industrial fields: transport and communications (more than 48 billion rub.), manufacturing industries (30 billion rub.), and agriculture (more than 10 billion rub.).
Vice-Governor Vasily Shvets, the Chairman of the meeting, has noted that nowadays investment is attracted in the regions and spheres where the necessary conditions for conducting business are provided.
“The fact, that the Krasnodar Region is one of the Top 10 best regions for investment, proves that we are on the right track. Investor’s interest and evaluation of analytical companies, and rating agencies prove that. Moreover, it is necessary to avoid a decrease of investment effectiveness”, noted Vasily Shvets.
The participants of the meeting paid particular attention to the implementation of ‘Target models of conducting business procedures simplification and increase of investment attractiveness of subjects of the Russian Federation’ in the Krasnodar Region. The aim of new developments is to lead all administrative procedures to common standards. This standards are implemented in all Russia’s regions. The work is controlled by the President of Russia Vladimir Putin.
Preliminary results of this work will be presented at the State Council meeting in November.