The Stavropol Territory has taken the 8th position in the list of
Russia's top 10 regions in terms of investment security for 2009-2010.
The list also includes Lipetsk, Voronezh, Tambov, Rostov, Penza
Regions, Krasnodar Territory and Saint-Petersburg. The rating was made
by Expert RA, Yuga.ru reports.
The rating agency says that small regions that achieved success in
diversifying economy using non-raw material spheres of industry and
agro-industry are usually winning their place in the list.
The rating agency put Stavropol Territory on the 26th position out of
83 regions, in terms of investment potential. The position was
achieved by the ability of regional administrations to solve problems
of the population and business.
The Minister of Economic Development of Stavropol Territory Yuri
Yagudayev said that they will work on improving their results. He
added that it will includes beneficial regime for business, such as
regional industrial parks. Another measures is the flexibility of
economic policy, stressed on improving investment legislature.
Investments in the economy of Stavropol Territory rose by 18.4% in
2006, by 18.3% in 2007, by 17.9% in 2008, by 0.1% in 2009, by 8.6% in
2010. The investments in 2010 reached 88.6 billion rubles.
