Irina Kiviko: In the first quarter of 2022, more than RUB 4 billion of investment were attracted to Crimea

In the first quarter of 2022, more than RUB 4 billion investment were attracted to the Republic of Crimea, and seven new investment projects were launched. This was announced by Deputy Chairman of the Council of Ministers of the Republic of Crimea – Minister of Finance of the Republic of Crimea Irina Kiviko. "Good indicators for attracting investment in the first three months of this year. In January-March, 4 billion 353 million rubles of investment were attracted, which is about 6% of the plan for the year. There is no doubt that the task set by the Government of the republic for 2022 to attract investment will be fulfilled," Irina Kiviko said. The Deputy Prime Minister noted that compared to the same period in 2021, the number of investment projects supported by the Crimea Development Corporation increased from 205 to 220, the number of consultations from 194 in January-March last year to 613 in January-March this year. "The specialists of the Crimea Development Corporation help investors in the implementation of projects by telling in detail about the rules for submitting applications, processing documents, the procedure for contacting authorities, and the choice of investment sites. This makes it easier for the investor to implement projects," Irina Kiviko said. According to her, the implementation of seven new investment projects has already begun since the beginning of the year. In particular, agreements were concluded on the implementation of investment projects for the construction of an agro-industrial mill complex in Kerch, a sports and recreation complex in Bakhchisarai district, a building materials base in Sudak municipal district, a glamping in Alushta, a wholesale and retail shopping center in Yevpatoria, a sports and tourist base for beach sports in Chernomorsky district, a residential complex in Yevpatoria. "The development of resort infrastructure in the western part of Crimea is one of the important tasks of the Crimea Development Corporation to attract investment to the republic," the Deputy Prime Minister said. In particular, according to her, the project on a sports and tourism base will be implemented in one of the villages of Chernomorsky region in several stages. The first one is planned to be completed by 2023, and the complex will be fully commissioned in 2025. It is planned to create a recreational area for recreation and beach sports, consisting of a hotel, a tent city and campsites, fields for beach soccer and volleyball. Another important project will be implemented in Yevpatoria. The investor plans to build a modern residential complex and a shopping center. It is planned to place a sports zone, landscaping of the territory, creation of parking spaces. The planned investment volume for the project will be about RUB 2.7 billion. Also, in the first quarter of this year, three capital construction facilities were put into operation for accompanied investment projects. Recall that the Corporation is defined as a specialized organization for attracting investment and working with investors in the Republic of Crimea on the principle of "One-spot shop" concept. The Corporation is engaged in the search and selection of investment sites on the territory of the Republic of Crimea, providing consulting services on financial, economic, legal issues, provides information and advice on the organization of support for investment projects. Now, the Crimea Development Corporation accompanies 228 investment projects totaling RUB 217 billion.