Three projects worth over 800 million rubles of investments are planned to be implemented by investors with the support of the Nizhny Novgorod Region Development Corporation

Three investment projects with a total investment volume of over 800 million rubles are planned to be implemented with the support of the Nizhny Novgorod Region Development Corporation in three northern municipalities of the region.

“Support of new investment projects is one of the priorities for the Nizhny Novgorod Region. New investments lead to the creation of new jobs, and the economic growth. This is especially relevant for remote municipalities. In total, the Nizhny Novgorod Region Development Corporation is currently supporting over 280 investment projects with a total investment volume of approximately 285 billion rubles. Their implementation involves the creation of more than 31 thousand jobs”’ – noted Deputy Governor of the Nizhny Novgorod Region Andrey Sanosyan.

Agrocomplex Vetluga LLC aims to invest 508 million rubles in the modernization of a vegetable storage facility in the Krasnobakovsky Municipal District. It is planned to create 13 new jobs.

OOO Bogorodskoye aims to invest about 250 million rubles in the construction of a plant for the production of drinking water and carbonated drinks in the Voskresensky District. It is planned to create about 40 jobs.

In the Varnavinsky District, individual entrepreneur Kozlov Oleg Vladimirovich plans to create a glamping site, consisting of 15 modular houses. The total investment colum is 92 million rubles. It is planned to create 5 jobs.

“The Development Corporation is supporting investment projects in almost all municipalities of the Nizhny Novgorod Region. Investors are not afraid to implement their projects far from the regional center, thus stimulating economic development of the region as a whole and of each individual district in particular. We will provide them with all the necessary support for the successful launch of new enterprises within the planned time frame”, – said Igor Ishchenko, Director General of the Nizhny Novgorod Region Development Corporation.

Recall that the Nizhny Novgorod Region Development Corporation was created on the initiative of Governor Gleb Nikitin. The organization facilitates the implementation of projects at all stages – from providing information about the region, possible support measures, inspecting investment sites, and up to putting the facility into operation, assuming obligations to interact with executive authorities, local governments, natural monopoly entities, and other organizations.