Dmitry Kurochkin: "Ulyanovsk Region Has Great Investment Potential"

Governor Sergey Morozov met Dmitry Kurochkin, Vice-President of the Chamber of Commerce and Industry of the Russian Federation, who came to the region with a working visit on 21 October.


They discussed cooperation to create a favorable business climate and to hold major international and All-Russian events in the region.

“The Ulyanovsk region has one of the highest rates of economic growth. And we understand that entrepreneurship and industry are the drivers of this growth. We are glad that we have confidential relations with the Chamber of Commerce and Industry. And we will be happy to host All-Russian and international events that will help to create a favorable business and investment climate,” - Sergey Morozov said.

"I can see that the Ulyanovsk region is developing dynamically. I believe that today the region has a great investment potential, so it can be an excellent platform for the International Business Congress to hold a meeting of one of its committees. I would like to note that the Ulyanovsk region's Chamber of Commerce and Industry is one of the best. I will recommend the region for a number of events; for example, meetings of the Council for Development of Russia's Economy and Entrepreneurship and the Investment Policy Development Council, which aim to bring together bankers and industrialists. In addition, we are ready to hold here a number of events of the Industrial Development Fund," - the Vice President said.

Support of industrial enterprises in the region became an important topic of the meeting.

Ruslan Gainetdinov, Chairman of the Board of Ulyanovsk Region Entrepreneurship Development Corporation, said that the Fund has supported 24 enterprises since 2016; they presented 28 projects for a total amount of 455.6 million rubles. Thanks to this, 414 jobs were created. Four projects worth 49.7 million rubles received financing in the first half of 2019. As of July 2019, nine projects with investments totalling 175.7 million rubles are in the active phase of implementation; 53 new jobs will be created. These projects are to be implemented before 2024.