Dmitry Chernyshov: “Investors of Rostov-on-Don Invest In Industry”

Dmitry Chernyshov: “Investors of Rostov-on-Don Invest In Industry”

A regular meeting of the Investment Council was held involving the Head of the City Administration. The meeting of Rostov-on-Don investors with representatives of city authorities was held on Thursday, June 29.

Addressing the meeting attendees, the Deputy Head of the City Administration for Economic Affairs Dmitry Chernyshov noted that the investment portfolio of the southern capital today had 97 projects for a total of RUB 286.3 billion.

In addition, they announced the operative statistics, according to which in January-March 2017 RUB 11.5 billion were invested in fixed assets.

As it was noted, during 2017, the reconstruction, technical re-equipment, equipment update, as well as implementation of investment projects at the following enterprises will continue: Combine Plant Rostselmash LLC, Grafobal-Don LLC, KKPD-INVEST LLC, JSC Rostovskoye, JSC Rostovvodokanal, RERZ – a branch of JSC Zheldorremmash, Gorizont Trading Complex, CJSC and MegaMag LLC.

The results of the work on attracting investments in the city districts were considered.

In Pervomaisky district, 6 projects and business proposals for a total of RUB 9.3 billion rubles are being implemented. They are included in the List of Investment Projects of Rostov-on-Don. As a result of the meeting, changes were made to this list.

A separate topic of the meeting was projects related to investing in industry. The first of them is implemented by CP Rostselmash, LLC, which involves the development and mass production of a high-class forage harvester.

The next industrial project is the construction of a universal production and storage complex for the production of complete soil cultivation machinery. The initiator of the offer is SARMAT Company, LLC.

These projects are competitive Russian analogues of imported equipment.

“Our meeting was very fruitful. We see that investors are ready to invest in industry, moreover, the projects considered today are aimed at import substitution, which in turn increases not only the industrial potential of our city, but also the region as a whole,” summed up the Deputy Head of the City Administration for Economic Affairs.