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Penza region became the Russian leader in the number of investment projects
Penza region became the Russian leader in the number of investment projects
Economy 09.10.2019

The National Association of Investment and Development Agencies announced the rating results at II Congress of Investment Agencies and Development Corporation in the Republic of Tatarstan.

The Congress participants were representatives of federal executive bodies, institutions of development, the World Bank, investment companies. The Congress results were summarized and forwarded for consideration to the Government of the Russian Federation and the Ministry of Economic Development of Russia.

Penza region took the first place regarding the investment projects launched in 2019. From the beginning of the year, the region has implemented 5 large investment projects.

“Mushroom company, “Betonium” plant, “Aviagen” company’s sites breeding a turkey parent herd, “FoamLine” factory in Kuznetsk producing polyurethane foam, pig-breeding sites of “Cherkizovo” are large-scale projects that we have managed to fulfill for a few years. For our region, this is more than a good result, an achievement of the team consisting of businessmen, the government members, head of municipal units, associates of investment support institutions, the Development Corporation in particular”, marked Ivan Belozertsev.

He emphasized that for the last two years in Penza region, despite complicated economic conditions, a considerable investment rise had been observed.

“We reached the pre-crisis level already last year, and this fact proves the business activity is restoring and improving”, commented the Governor.