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It is planned to increase the export of products of Krasnodar region by 1.7 times over a period of six years

By the end of 2024, the export of products of agro-industrial complex of Krasnodar region is to reach 3.8 billion dollars. Such statement was made by the Head of Kuban Veniamin Kondratyev following the outcome of the annual address of RF President Vladimir Putin to the Federal Assembly. At present, according to Mr. Kondratyev, the export of products of Kuban AIC makes 2.2 billion dollars. In a six-year period, it is to grow by 1.7 times respectively.

The Head of the region emphasized that Krasnodar region will, inter alia, export wine to foreign markets. Moreover, according to Veniamin Kondratyev, consistent work to rehabilitate the industry is under way now in Krasnodar region. Last year the industry showed a growth of 4.2%.       

«At the Russian Investment Forum, an agreement on development of machine-tool building production on the basis of a plant named after Sedin in Krasnodar was signed. Until 2025, the investment volume would make around three billion rubles. Besides, there is an intention to establish an innovative scientific center in Sochi that will play an instrumental role in the development of a smart economy in Kuban, as reported in the Administration of the region.