10 projects with foreign investments worth 24 bln rubbles will be implemented in Krasnodar region

As a result, approximately one thousand new jobs will be created in the region.

The development of further cooperation was discussed during the meeting of the Foreign Investment Advisory Council. The meeting was conducted by the Governor of the Krasnodar region Veniamin Kondratyev.

- Today foreign partners are feeling themselves comfortable in Krasnodar region, - said Veniamin Kondratyev.

As reported, the vice-governor of the Krasnodar region Alexander Ruppel, 20 new foreign projects with volume of investments more than 50 mln rubbles have started in the region in recent years before 2020.

At present moment ten of them have now been completed, six projects have received government support in the form of tax benefits.

- 10 projects under active implementation. The volume of foreign investments in the region’s economy will amount to 24 billion rubles by the end of 2023 and the commissioning of new enterprises will give the region about one thousand new jobs, - said vice-governor.

The “EuroChem – Belorechenskiye mineral fertilizers” company implements major investment project of comprehensive modernization and expansion of production.

A logistics center is under construction in the Bryukhovetsky district. This project is under support and assistance by department of investments and SME development of the Krasnodar region. Investors have already been assisted in obtaining technical conditions for connection to electricity and gas supply networks. The investor also claims state subsidies for the costs of creating infrastructure.
An enterprise for the primary processing of agricultural products is under construction in the Slavyansky district, reports the press service of the administration of the Krasnodar region.