Krasnodar, 4 July – Yug Times. Investments in fixed capital in the Kuban region reportedly totalled 172.5 billion roubles in the first quarter of 2024. 

This interim figure was achieved for the first time. Over the last five years in total, the figure increased 1.8 times - up to 860.6 billion roubles at the end of last year.

 Within the framework of the Development Strategy the region should reach an annual investment volume of 1.5 trillion roubles by 2030, and the goal for the next few years is to cross the threshold of 1 trillion roubles. 

According to the press service of the regional administration, since the beginning of 2024, 38 large projects worth over 100 million roubles have been implemented in the Kuban region, totalling 27.6 billion roubles. This allowed to open about 1,600 new jobs. 

Compared to 2023, the greatest investment activity was in transport and storage, manufacturing, power generation, agriculture and hotel services. 

More than 550 major projects totalling 3.1 trillion roubles are currently underway in the Krasnodar region, whose implementation will generate around 112,000 new jobs.



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