Krasnodar region launched preparation for the Forum in Sochi

The Governor of the region Veniamin Kondratyev told journalists about the principal events of the Russian Investment Forum-2020 (RIF).

According to the Chief of the region, RIF will be hosted in February within the framework of the Chief Media Center in the Olympic park.

– As far as the preparation of Sochi itself for the Forum is concerned, the finalized time schedule will be confirmed until October 1. As early as now I am glad to report that all construction and ground works in the city will be suspended during the event. The municipal headquarters incorporating utility and emergency services to respond to potential emergencies and follow-up remedial action will be operational on a round-the-clock basis, - emphasized Veniamin Kondratyev.   

The Governor added that the regional authorities would focus their efforts on generation of favorable investment offers and preparation of the stand of the region. As in the past year the stand will be the most far-reaching and will occupy more than 1.5 thousand square meters. 

The first international investment forum in Sochi was held in 2002. Around 70 regional investment projects were presented and 500 people visited the Forum. In 2019 the Forum brought together 8 thousand people. The regions concluded 567 agreements on intent worth 968 billion rubles and Kuban holds almost third of them. Krasnodar region signed investment contracts worth 298 billion rubles.

Press Service of the Administration of Krasnodar region