Leningrad oblast for six months has increased its investment by 30%

© RIA Novosti / Vitaly to Belowaverage in potamanthidae Leningrad region Alexander Drozdenko. Archival photoLeningrad oblast for six months has increased its investment by 30%© RIA Novosti / Vitaly to Belowaverage the image Bank

The volume of investments in fixed capital in Leningrad region in the first half of 2018 amounted to 146 billion rubles, which is 30% higher than the same period last year, said the Governor Alexander Drozdenko.

«The volume of investments in fixed capital in the first half of 2018 amounted to 146 billion roubles that on 30% exceeds a similar indicator of last year. The main investments were made by large companies in logistics, manufacturing development, electricity supply,» — said the head of the region. According to him, the main source of financing was borrowed.

«The Leningrad region during the last years has firmly maintained its position as one of the most growing regions of the Russian Federation in terms of investment. Annually on this indicator, the region adds about a third, which is characteristic of the most successful economies in the world. For the preservation and multiplication of this growth we have relied on the development of export-oriented development model,» said Drozdenko.

21% for the first half of the Leningrad region managed to increase the volume of exports, he added. In total through the transport gate of the region to foreign countries was sent goods worth $ 3.3 billion. Exports are mainly intended for consumers in the Netherlands, China, Denmark, Finland, USA, Sweden, Estonia, Belgium, Turkey, Norway. In CIS countries, including Belarus and Kazakhstan, from the Leningrad oblast was sent goods for the sum more than 214 million dollars.

A key role of export from the region are mineral products, chemical industry and pulp and paper products. Key exporters among the companies are: LLC «NOVATEK-Ust-Luga», LLC PG «Fosforit», CJSC «international paper», LLC «Nokian Shina», LLC «Kirishinefteorgsintez», LLC «Tikhvin Ferroalloy plant», JSC «Metakhim», JSC «Tikhvin freight car building plant».

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