Nizhny Novgorod region awards best investors
The ceremony to award the winners of the regional competition "Investment Project of the Year 2013" took place in Nizhny Novgorod region.
The choice was very difficult to make. Not only large-scale, but also small projects were considered, for example, the creation of small hotels or a cafe. After all, the appearance of a small company means new tax revenues that can be spent on social programs.
Governor Valery Shantsev, who attended the event, described how it was possible to attract investors to the Nizhny Novgorod region.
"The key is to understand that investment is the main regulator of market economy. If there is no investment, then we can not talk about development, it will never be. First off, this is the lack of administrative barriers, and secondly - a strong base for personnel training. Our resource centers now produce a new generation of skilled workers, there is good logistics there and modern distribution of consumer goods. This microclimate attracts investors - said Shantsev. - Over the past year, we received investments in fixed assets - 298 billion rubles and foreign investment - 1 billion 100 million dollars. We welcome all - small and large investment. Investments have no nationality. I am sure that in 2014 we will make new steps, open new businesses, we have a certain reserve for this," Governor Shantsev said.
The award ceremony was held in the framework of the Day of the Investor. The governor also visited the opening ceremony of Danieli Volga factory for the production and maintenance of metallurgical equipment. The total investment for the first phase of the project exceeded 1.5 billion rubles. By year end, the company is to provide jobs to 200 people.
"Danieli Volga already has orders from St. Petersburg and Lipetsk. An average salary makes up 30,000 rubles. Residents of the region will be getting good salaries, they will be able to realize all their needs themselves, and higher tax revenues to the regional budget will allow us to implement ambitious social programs, " said Shantsev.