News

Samara region is increasing its investment potential

26 January 2022

Three residents of the Togliatti Special Economic Zone at once plan to launch new projects in 2022. The construction of the building of the production and logistics center is being completed by the Magnitogorsk Iron and Steel Works. The distribution center of MMK will be the first similar facility for the needs of the automotive industry in the country. Its storage capacity will be 150,000 tons per year. The French company Fauresia Automotive Solutions is preparing to launch new projects. The starting point for the resident will be the launch of a new model at AvtoVAZ, which, along with the Renault-Nissan alliance, Volkswagen Group Rus, is the main consumer of the company's products. Another resident of the Togliatti SEZ, Nobel Automotive Rusia LLC, more than tripled its export earnings in 2021. This year the company intends to continue active development, introduction of new products and develop cooperation with traditional consumers of manufactured products. Business invests in the future when it sees the prospects for a return on funds and is confident in the reliability of its investments, - said Dmitry Azarov, Governor of the Samara Region. Improving the business and investment climate, creating new jobs is one of the priority tasks of the Government of the region. Investors rate the investment opportunities of the Samara region as one of the best in the country. According to the results of the third quarter of 2021, our region ranks first in the Volga Federal District in terms of growth in investment in fixed assets. For 9 months of last year, this growth amounted to 31,2%. In absolute terms, this is 220 billion rubles - the largest value in the entire history of our measurements. Investors like the Samara region, they actively come here. Even during the difficult period associated with the pandemic, certain restrictions and gaps in supply chains, business is actively investing in the region. And we will do our best to keep this trend. We take on the risks of investors, including the construction of production buildings - thus, investing together with them. Business has already tasted this format of collaboration. Another support tool is the restructuring of federal budget loans. The region receives it if it invests in infrastructure for investors. We have already allocated more than 5 billion rubles for investors for the next three years and, in fact, we are now designing the territory for specific projects that we have already agreed on, - comments Dmitry Bogdanov, Minister of Economic Development and Investments of the Samara Region. In 2021, more than 20 manufacturing enterprises opened in the Samara region. The province has already gained a reputation as a region that is favorable and comfortable for investors and continues to strengthen its position in the investment field, - says Sergey Nikitin, Executive Director of the Investment Promotion Agency of the Samara Region. - In the region, the Investment Promotion Agency interacts with investors in the one stop-shop mode. We accompany all projects from the idea stage to providing assistance after the start of production. We are doing everything to make it comfortable for investors to work in the Samara region.