On Sakhalin the regions investment potential will be developed
On Sakhalin, the investment potential of the regions new program provides for the implementation of 11 projects worth 33 billion rubles
Yuzhno-Sakhalinsk. On October 31. VOSTOK MEDIA - The government approved the Sakhalin project long-term target program for development of investment climate in the region for 2011-2018. Today, ON 31 October, the document was discussed at a meeting chaired by Governor Alexander Khoroshavin.
Describing the program, the regional head said that its activities include specific mechanisms to attract investment in non-resource sector of the island economy. The program will allow to reduce by 2018 the share of mining in the gross regional product (GRP) to 40 percent from the current 60. The share of gross regional product at a deep level of processing in 2018 is 30 percent, which will provide an increase of more than two times the current year
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