On Tuesday, October 10, the head of the Rostov-on-Don City Administration Vitaly Kushnaryov held a regular meeting of the Investment Council at the congress hall of DSTU.
Traditionally, the meeting was attended by the mayor deputies, heads of districts, and heads of branch bodies, utilities companies and representatives of the business community.
“This year the work of the Council as an advisory body has changed slightly. In particular, we analyze the investment potential of an area; see how projects are implemented, and what problems investors face. This year we already held several meetings in different parts of the Don capital. Today, we will talk about the investment climate in Zheleznodorozhny district,” Vitaly Kushnaryov said during opening the meeting.
The head of the district administration Dmitry Simkov told how the register of investment projects in Zheleznodorozhny district is being formed. According to him, to date, the registry includes 9 projects for a total of RUB 47.3 billion, which are included in the city list of investment projects.
Investors invest most of the funds in this area of Rostov in housing construction. For example, these are such large projects as RC Ekaterinsky, RC Three Squares, RC Semeyny, and RC Symphony, as well as the construction of a residential complex on 2 Lokomotivnaya Street and the construction of the third stage of a multi-storey apartment house on 4 2nd Barricadnaya Street.
The Head of the City Administration Vitaly Kushnaryov drew special attention to the development of social infrastructure in the construction of housing.
During the meeting they also discussed the projects being implemented, because some of them are in the active phase of construction.
Within the framework of the Council meeting, Rostov Plant Europlast, LLC also presented a project aimed at developing the existing production capacities.
The investment project provides for the arrangement of a complex of power generation with the subsequent utilization of excess heat to minimize the cost of acquiring electricity from the guaranteeing supplier of the resource by generating its own electricity by two gas piston units.
The amount of investments was RUB 153 million. The project will be fully completed by the end of the year.
During the communication of the mayor with investors, it was decided to include one proposal in the list of investment projects of the city – the construction of a center for consumer services and trade on 250 Portovaya Street.
This facility will be a two-storey shopping center with the Assorti-Product supermarket on the 1st floor and areas for rent on the 2nd floor.
Following the meeting, the List of Investment Projects was changed. At the moment, the investment portfolio of the Don capital consists of 94 projects for a total of RUB 258.9 billion.