35 Large Investment Projects with a Total Amount of 16 Billion Rubles Was Implemented in Kuban in 2018

Preliminary results of the region’s investment development for the first half of the year have been summed up.

According to the regional Department of Investment and Development of SMEs, in total, 354 large investment projects with a total amount of 1.4 trillion rubles are at the active stage of implementation in Kuban during the first six months.

The largest part of the projects (126) relates to the agricultural complex. 83 projects relates to the housing construction, 47 ones to the manufacturing industry, in 41 projects to resorts and tourism.

– As a result of their implementation, it is planned to create 34,000 jobs without consideration for housing construction projects, – the Department reported.

The Department also noted that the regional portfolio of large investment projects with an amount of more than 100 million rubles has increased almost 1.5 times over the past three years.

Following the results of the first quarter, 347 large projects were implemented in the region.

The Press Service of the Administration of the Krasnodar Region