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50% of the largest investment projects of the South of Russia to be implemented in the Krasnodar Krai

Currently, there are active 256 projects in the Southern Federal District, each worth over 300 million roubles. 125 of them are being implemented in the Krasnodar Krai. Their total investment exceeds 2.1 trillion roubles.

«We have been the leaders in the Southern Federal District for several years in the number and cost of investment projects in the active stage of implementation. Now there are 483 projects, and 125 of them cost over 300 million roubles each. This is almost 50% of the total number of the largest investment projects in the South of Russia. Over 392 billion roubles of investments were invested in the economy over the 9 months of last year, and in total we expect this figure to exceed 600 billion roubles for the past year,» said Alexander Ruppel, Vice Governor of Kuban.

According to the deputy head of the region, this has become possible due to the great work conducted in the region in order to attract investors, as well as the reaction to the openness and transparency of the authorities.

In 2022, 153 investment agreements were concluded with a total sum of 415.7 billion roubles. The implementation of these projects will create more than 22.6 thousand new jobs in the region.

Press Service of the Administration of the Krasnodar Krai