Eight investors have begun production in the special economic zone in Novgorod Region. Regional Governor Alexander Dronov said the companies had created jobs for 612 people and that total investment had reached 4.5 billion rubles.
During a working meeting with Russian President Vladimir Putin, Dronov said the special economic zone in the region was focusing on new high-tech production facilities.
Russia's investment and employment plan
The plan for the special economic zone calls for attracting more than 9 billion rubles in investment, increasing the number of investors to 16 and creating about 2,600 new jobs. Dronov said that, at the current stage, eight investors had begun production, providing employment for 612 people, while investment had reached 4.5 billion rubles.
GigaFactory and university campus projects
One of the projects highlighted by the governor at the meeting is enabling GigaFactory, part of the Sber Group, to revive television production and assembly in Veliky Novgorod.
A university campus for 4,000 people is also planned for Novgorod Region.