For the first time, more than RUB 100 billion of investment!

The volume of investment attracted to the Crimean economy in 2021 exceeded RUB 100 billion for the first time. Dmitrii Vorona, the CEO of the Crimea Development Corporation, announced that at a meeting of the Investment Climate Improvement Council.

"The Development Corporation, together with the government's investment unit, has carried out systematic work to attract investment. By the end of this year, we have reached the amount of RUB 115 billion of attracted investment. The growth is quite significant. For comparison, in 2020, RUB 8.5 billion of investment were attracted, in 2019 – RUB 4 billion," Dmitrii Vorona said.

According to him, the Development Corporation, as of today, accompanies 223 investment projects worth RUB 222.1 billion. Among the major projects, agreements on which were signed this year, Dmitrii Vorona named a project to revive the traditions of the imperial resort near Lake Moinaki in Yevpatoria with an investment volume of RUB 35 billion, the construction of a resort complex in the city of Saki in the amount of RUB 14 billion and a number of others. "We have a very good tendency to shift investment interest from the Southern coast of Crimea to the Western coast," said the CEO of the Development Corporation.

"Crimea Development Corporation" was established on the initiative of the Council of Ministers of the Republic of Crimea in 2015. The corporation is defined as a specialized organization for attracting investment and working with investors on the principle of "One spot shop" conncept. The corporation is engaged in the search for investors and promotion of the investment potential of the republic, comprehensive support of investors, selection of investment sites, provision of consulting services.