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More than 1,400 investment projects are being implemented in the Republic of Crimea

More than 1,400 investment projects are being implemented in the Republic of Crimea

CrimeaPRESS reports:

As we already reported, The Republic of Crimea took fifth place in the National Rating of the investment climate in the constituent entities of the Russian Federation. The results for 2023 were summed up at the St. Petersburg International Economic Forum.

The policy that is being built to ensure and interact with investors, transparent standards and the openness of the investment team have yielded results. Despite the difficult geopolitical situation and the lack of air traffic, the republic was able to rise from eighth to fifth place in the national ranking. We will continue to actively work in this direction and, I am sure, will achieve even more significant results,” commented Deputy Chairman of the Council of Ministers – Minister of Finance of the Republic of Crimea Irina Kiviko.

Currently, more than 1,400 investment projects are being implemented in Crimea. Over 10 years, more than 1.7 trillion have been attracted to the economy. rubles of investment in fixed capital, including 1 trillion. rubles of off-budget investments. Including, the Development Corporation of the Republic of Crimea is supporting 254 projects with a total volume of declared investments of more than 480 billion rubles.

Supporting small and medium-sized businesses also remains one of the priorities of the regional government. In this regard, significant attention is paid to the development of new support measures and simplification of administrative procedures for representatives of SMEs– noted Irina Kiviko.

The national rating of the state of the investment climate in the constituent entities of the Russian Federation analyzes 70 indicators that affect the investment attractiveness of the country’s regions. This year, 68,000 representatives of small and medium-sized businesses took part in the survey.

More than 1,400 investment projects are being implemented in the Republic of Crimea

Photos and materials: KRRK.

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