The Murmansk Region Development Corporation has published a selection of events that affected the investment climate of the region in March

The Murmansk Region Development Corporation has published a selection of events that affected the investment climate of the region in March

The Murmansk Region Development Corporation presented a selection of events that positively influenced the investment attractiveness of the region in March 2023. The collection is published monthly on the Investment Portal of the Murmansk Region and includes news related to the implementation of investment projects, as well as expert opinions and analytical data.

In 2023, the Murmansk Region started implementing a new investment standard, and in March, as part of this work, the region's team presented the best practices for working with investors in Moscow. Participants and experts noted the regional Investment portal for the fullness and accessibility of the information provided, as well as the practice of constant monitoring of the activity of investment authorities.

In March, details on the construction of a gas pipeline in the Murmansk region became known: Gazprom has created a project office "North — Center", whose tasks include the implementation of the Volkhov — Murmansk highway project and the designers are already starting engineering surveys. In addition, last month, the first stage of construction of a water supply route to the western shore of the Kola Bay was completed, necessary for the implementation of investment projects aimed at the development of the Northern Sea Route, as well as for residents of nearby settlements. In addition, in March, the site of one of the key investment projects in the field of green energy, the Kola wind Farm, became a place to shoot a movie.

The main news that drew attention to the Murmansk region at the federal level was the strengthening of cooperation with Armenia. Governor Andrey Chibis visited the Republic and held a number of working meetings aimed at strengthening, among other things, economic cooperation. 

"Business relations between the regions of Russia and Armenia are a solid foundation for strengthening our friendly relations. I am sure that we will find many points of contact with you that can be revealed," Deputy Prime Minister of the Republic of Armenia Mher Grigoryan commented on the results of the visit.


In addition, in March, Andrey Chibis reported that over the past two years, 850 additional jobs have been created in one of the key industries of the Murmansk region – the fishing industry. Thus, today 7,500 Northerners are employed in fishing and processing.  Recall that the fisheries complex is among the TOP 5 highly paid industries in the region.

Last month, the Arctic zone of the Russian Federation was replenished with new residents from the Murmansk region – the number of projects implemented using Arctic preferences increased to 189. New residents plan to implement projects to create an administrative and household complex and a car service station in Murmansk.
All issues of the digest are published on the Investment Portal of the Murmansk region.

 

/ Murmansk Region Development Corporation /