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Veniamin Kondratyev: Special investment contracts should be concluded based on the volume of investments and on how investment proproduction is necessary for the region

The corresponding statement was made by the Governor at the meeting of the Strategic Council on investments in new industries with Russian Industry and Trade Ministry, the press-service of Administration of the Krasnodar Region repots.

As Veniamin Kondratyev said, today it is important for the region to attract new investors, as well as also to retain existing ones. A special mechanism to conclude the investment contract may be one of the ways.

Such federal contracts are concluded now provided that the foreign investor will invest at least 750 million rubles in the development of the production. A lower limit in the regions amounts to 150 million rubles.

- At the regional level, Special investment contracts should be concluded both based on the amount of investment, and on how the investment production is necessary for the region, the Head of the Region said.

For Kuban as agricultural region, it is the actual to conclude such contract with the CLAAS Company engaged in the production of agricultural machinery.

- It is important that quality tractors and combines that will maximize the collection and preservation of harvest work at the lands of the region, – the Governor said. – Upon conclusion of the contract, a foreign company will receive equal conditions with Russian producers of machines. And this is true. A market should be a market, and a right of choice should be reserved by the buyer.

Source - Investment portal of Krasnodar region