Krasnodar, 30 October – Yug Times. The Strategy of socio-economic development of Krasnodar province sets a task to double the regional investment portfolio by 2030. Experts believe that this goal can be achieved owing to capital investments of Russian and transnational companies that follow the policy of sustainable development, and lifting of the infrastructural barriers to let them enter the regional market.
Last week, Krasnodar hosted a conference “Practices of introduction of sustainable and infrastructural development as a factor of the region’s investment appeal.” The conference was held in the framework of the long-term program “Time of new strategies.”
For the transnational companies which operate in the context of the global economic agenda, it is important to have both material and nonmaterial assets that favour the development of investment appeal. “A transition from the conventional growth model to sustainable development remains one of the key challenges of our time. Its principles are reflected in the agendas of the UN and national governments,” Oleg Zharko, moderator of the conference and chair of the Southern regional committee of the Association of European Business, Danone Russia corporate director. “Major corporations are anxious about the development of the human civilisation in the long-term future, and take concrete steps to make this future harmonious. What is also at issue is providing for the renewal of our planet’s resources. The authorities also think about it. Nonetheless, the way to sustainable development is not as simple.”
The business circles are confirmed that release of the barriers and restrictions that hamper the infrastructural development is a key factor that can attract investments to Krasnodar region. Mr. Zharko explained that the infrastructure means a set of connections to all resources (electric power, water, gas, etc.), tariff policy, and deciding on the deadlines and possibilities of such connection. According to deputy chair of the regional Legislative Assembly Sergei Altukhov, the regional economy would be able to increase twofold if the total investments in it would increase by a trillion roubles every year.