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At year-end 2022, a record-breaking amount of investments was attracted in Kuban

The Krasnodar Krai took 8th place in the country in this field.

«690 billion investments were attracted to the Kuban economy in 2022. Currently, 483 large investment projects are being implemented in the region with a total amount of over 2.6 trillion roubles. As a result, we will be able to create 83,000 more jobs for residents,» said Vice Governor Alexander Ruppel.

In 2022, 107 large investment projects amounting to 90.6 billion roubles were implemented in Kuban, and 3.5 thousand new jobs were created. The largest investment activity was shown in the traditional specialization areas of the region: transportation and storage (27.3% of total investments), manufacturing enterprises (17.9%), agriculture (7.6%), and health resort complex (2.1%).

A high growth of investment volumes was observed in the field of development of the energy and agro-industrial complex. Transportation and storage increased by 10% as compared to last year, while water supply and disposal increased by 3%. Among the significant facilities built in 2022 are solar power plants in Krasnodar, the Labinsk and Severskaya districts, the Ust-Labinsk school, the air-terminal complex of Gelendzhik airport and others.

Business support measures are being constantly improved in order to maintain the growth rate of investment activity in the region. As part of one of these mechanisms, the selection and provision of land plots, 34 sites were provided to investors for the implementation of projects in 2022.

Press Service of the Administration of the Krasnodar Krai