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The head of Transbaikalia promised to improve the investment climate in the region - EastRussia | Far East

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The head of Transbaikalia promised to improve the investment climate in the region

The head of Transbaikalia promised to improve the investment climate in the region
Photo by: kremlin.ru

The head of the Trans-Baikal Territory Alexander Osipov noted during a meeting with Vice President of the Chamber of Commerce and Industry of the Russian Federation Dmitry Kurochkin and Chairman of the Council of the RF CCI on Financial, Industrial and Investment Policy Vladimir Gamza that the work of the new composition of the regional government is aimed at real business development and improving the investment climate in the region. This was reported by the press service of the regional government.

“We did an analysis for previous years. He showed that entrepreneurship development programs were not implemented in the region. If in other entities about three percent of the budget was allocated for the development of the regional economy, in the Trans-Baikal Territory this figure was less than one percent, ”said Alexander Osipov, adding that in the past, fixed assets went to support the agro-industrial complex.

The head of the Transbaikal Territory also noted that in 2019, 15 companies will become residents of the new territory of the advanced development of Transbaikalia. The anchor residents will be the Baikal Mining Company, Baikalruda, Komsomolets Tribal Plant, Mayak-Ivest, Innovation and Hort-V companies. They will be engaged in agriculture, the extraction of polymetallic ores and copper, mechanical engineering, timber processing and food production. The total investment will amount to 196 billion rubles, and nine thousand jobs will be created at the plants.