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The volume of investments in the Kuban in 2018-2030 should be about 15 trillion rubles

This was reported by Deputy Governor Igor Galas during a press conference held today in the regional capital.

Investments in amount of 15 trillion rubles will be required to achieve the goals set by the Krasnodar Region Development Strategy until 2030. This is two times more than the total volume of the regional budgets over these years, the Deputy Head of the Region clarified.

He added that the funds will be distributed taking into account the most promising sectors for the Municipal Formations. This is a smart agricultural complex, a logistics and sanatorium-and-health-resort complex, social and creative industry, as well as the «Smart Kuban» and «Space without Borders» flagship projects, as the press service of the Krasnodar Region Administration informs.

The Vice-Governor also informed that according to forecasts, by the end of the period of implementation of the Krasnodar Region Development Strategy 2030, the consolidated budget of the region will exceed 600 billion rubles, the volume of industrial output will grow 2.5 times, and the labor productivity will increase in a similar way. The number of tourists will grow from the current 16 million to 22 million people.

Source - Investment portal of Krasnodar region