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Experts: investments in the transport and logistics complex of Crimea will increase the volume of goods in the region’s markets

Experts: investments in the transport and logistics complex of Crimea will increase the volume of goods in the region’s markets

CrimeaPRESS reports:

The volume of investment in fixed assets in the south of the country has increased and exceeded the rate of 2019. This was largely due to an increase in capital investments, including in large logistics projects. Thus, in Crimea, the largest logistics operator has significantly increased the volume of supplies of goods and reduced the delivery time to the peninsula. About the current economic situation in the regions — in the new issue report Bank of Russia «Regional Economics».

At the beginning of November this year, the Crimean logistics operator opened its own motor transport enterprise in Rostov-on-Don. Thanks to this, the delivery time for products from the mainland was significantly reduced, and the volume of imported goods doubled per month. About 90 large-capacity vehicles supply Crimea with food and other everyday goods around the clock, including directly from large Russian manufacturing plants. This solution also allows the company to optimize logistics costs and expand cooperation with large mainland clients.

Previously, the company opened its own sorting center to process online orders. About 100 thousand goods from marketplaces arrive here every day, and the minimum delivery time to Crimea has been reduced to 2 days. The company’s immediate plans are to invest about 20 billion rubles in Crimean logistics, part of which will be borrowed funds under state lending programs.

In general, government support measures and the growing turnover of online trade continue to stimulate the investment activity of enterprises in the south, including in Crimea. In total, over 9 months of 2023, investments in fixed assets in the republic increased by 22.4% compared to the same period last year, to 177 billion rubles. More than a quarter of them are directed to the transportation and storage industry.

According to enterprise monitoring, which is carried out by the Bank of Russia, investment growth will continue in the fourth quarter of this year, but at a slower pace. In 2024, Russian enterprises expect an expansion of investment activity. The key factors will remain growing domestic demand and the development of import-substituting industries.

source: Branch for the Republic of Crimea of ​​the Southern Main Directorate of the Central Bank of the Russian Federation

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