New productions to appear in the Ulyanovsk region

On 22 March, the Governor Sergey Morozov signed agreements with the management of two Russian companies on investment into creation of new enterprises in the territory of the region.

 “Signing of these agreements is another confirmation that favorable conditions for investors have been created in the Ulyanovsk region. At the same time, it has been achieved not only in the regional center but also in municipalities. This is especially important and, in turn, allows us to develop the territory, to build infrastructure, to increase the quality of life. The volume of investment into these two projects will exceed 7 billion rubles and more than 600 residents of Inzensky District and Dimitrovgrad will be able to find interesting work with a good salary”, – the head of the region emphasized.

The first project includes manufacturing of diatomite products, which are used in food and construction industries, at the plant in the territory of Inzensky District of the Ulyanovsk region. They are used. The volume of investment will total 5.7 billion rubles and over 400 new jobs for residents of the district will be created.

The second project involves production of medical absorbing materials and will be placed in the territory of the DAAZ industrial park. The investor will supply 1.4 billion rubles and will create about 220 jobs for residents of Dimitrovgrad. Commissioning of the plant is scheduled for the end of 2018.

Earlier the Governor assigned the Ulyanovsk Region Development Corporation with the task to develop measures on attraction of investors to the territory of Dimitrovgrad. “The fact that Dimitrovgrad, a monotown of first category, received support at the federal level and was granted with the status of the territory of advancing social and economic development helped to speed up our work in this direction significantly. Thanks to it, a new investor - a manufacturer of medical goods - came to the region today in addition to the companies that have already signed investment agreements in 2016”, – said Sergey Vasin, the CEO of the Ulyanovsk Region Development Corporation.