Exhibition of perspective investment projects
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Enlarged session of the Government of Karelia, devoted to results of involvement of investments into republic in 2007 and tasks in this area for the current year has passed in the National theater on April 22. The building of the National theatre has been chosen for carrying out of the session of the Government of the RK purposefully – the same day the exhibition devoted to perspective investment projects of Karelia opened there.
Assistant to the Prime minister of the Government of Karelia - Minister of Finance of the republic Alexander Kolesov opened the exhibition and held the session. Besides heads of executive authority, Chairman of the Legislative Assembly of the RK Nikolay Levin, Chief federal inspector in the republic Valentin Shmykov, the State Duma deputy of Valentina Pivnenko, heads of regions, directors of large enterprises and heads of companies actively investing to Karelia have also taken part in the session. This day Chief of Octyabrskaya railway Victor Stepov visited Petrozavodsk.
Minister of Economic Development of Karelia M.Jurinov addresses the meeting
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Keynote address on results of realization of investment policy in the republic was made by the Minister of Economic Development of the RK Mikhail Yurinov. As he said, in 2007 as the basic priority directions in the sphere of involvement of investments in Kareliya there have been defined development of complex processing of timber, expansion of development of mineral resource base, development of the market of construction of affordable housing and development of tourism.
As a result of investment policy, pursued by the Government of Karelia in 2007, 18,6 billion roubles of investments was involved into the fixed capital, that by almost 500 million roubles exceeds the level of the last year. Karelia has achieved the 34 place among the Russian regions on volume of investments per capita. It became possible to reduce volume of export of raw saw-timbers by 25%. Within a year it has been completed more than 20 large investment projects, created over 2 thousand new workplaces.
Participants of the enlarged session of the Government of the RK
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In 2007 essential increase in volumes of investments into the fixed capital has occured in construction (3.5-fold), manufacturing activity (1.6-fold), agriculture and forestry (1.5-fold), production and distribution of electric power (1.4-fold), trade (1.4-fold). Thus, strengthening of investment activity in the sphere of production has caused structural shift towards increase in relative density of investments into manufacturing activities.
Key investment projects in Karelia in 2007 were the following: reconstruction of Kondopoga, Inc., modernization of production of Karelsky Okatysh, Inc., construction of Swedwood Karelia woodworking enterprise in Kostomuksha by IKEA for processing plank pine timber and producton of glued furniture boards, revival of one of the oldest wood-processing enterprises of Karelia - Solomensky timber mill.
Also in 2007 implementation of investment project on construction of assembly manufacture of Nonel means of detonation used in mining industry was completed in Kostomuksha. Last year Russian Railways Company invested in development of transport system of the region more than 700 million roubles. In territory of the republic implementation of national projects in the field of education, public health services, agriculture and housing construction with attraction of means of the federal budget proceeded.
During the session of the Government of the RK situation with involvement of investments in specific branches has been considered in detail: timber industry complex, mining industry, construction, transport.
At the same time, in the opinion of the Minister of Economic Development of Karelia, dynamically developing economy of the republic sharply needs increase in volumes of investments. To provide growth of investments in development of economy and social sphere at the session of the Government of the RK the list of actions for 2008 on realization of the Key directions of investment policy has been taken for a basis.
This year it is planned to involve 20,1 billion investments into the fixed capital. To achieve this purpose address work with potential investors will be asselerated, changes are to be made to the republican law on government support of investment activity, it is planned to compensate investing enterprises a part of expenses on payment of interest rate on credits received for financing of investment projects on a competitive basis. Within a year free industrial platforms will undergo inventory in the republic, program of power engineering development through to 2012 will be drawn, regional target program of small and meduim business development through to 2014 will be created, realization of a number of already accepted republican programs will proceed.
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