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The local government authorities of the city district of Togliatti continuously carry out the work for creating a more investment-attractive environment in the city · 2011-09-19 11:57

Dear Ladies and Gentlemen,
The local government authorities of the city district of Togliatti continuously carry out the work for creating a more investment-attractive environment in the city, making provisions for stable conditions of investment activities and growth of the city"??s investment potential.
The approval of the Comprehensive Investment Plan envisaging capital investments into the municipal and regional projects, aimed at the city"??s development, amounting to nearly 130 billion RuR before 2020, has become an important landmark in the city"??s development and increase of its investment appeal. Of this amount, approximately 40 billion RuR are the funds of different budgets, invested into the structural reconstruction of the labour market, the establishment of transport, engineering, and social infrastructure, as well as other sphere of development having difficulties in attracting the initial investments, for various reasons.
The following projects are the most capital-intensive and at the same time, the most significant from the viewpoint of prospective influence onto the city"??s economics: – The project for establishment of industrial-type Special Economic Zone on the territory of Stavropolsky municipal district, with the total investments amounting to over 50 billion RuR; the project is planned to be finalized in 2014. – The project fort establishment of the Hi-Tech industrial park Zhigulevskaya Dolina in the city territory of Togliatti, with 4 billion RuR of total investment amount, of which 3 billion RuR are the budget funds. The planned year of the project finalization is also 2014. – The project for the establishment of the tourist and recreational type of special economic zone on the territory of Samara region, with more than 40 billion RUR of investment capacity, of which amount more than 8 billion RuR are the budget funds. The project implementation is planned before 2016.
The implementation of these investment projects will allow for the inflow of investment into the city"??s economy, create new jobs, and make provisions to the additional tax returns into the city budget.
The following may be mentioned among the main factors of high investment appeal of the city: – Availability of convenient transport junctions: motor vehicle, railway, river (entering the sea), and aircraft; – Relatively favourable natural and climatic conditions; – Abundance of natural resources, location of the city in the immediate vicinity to the diversified agricultural and industrial region; – High production and export potential; – Good opportunities for development of recreational activities and tourist business; – Considerable potential of highly qualified labor force and engineering personnel; – Relatively high level of income of the public.
The first residents of Zhiguli valley will be selected at the end of September.
The Heroes of the Fatherland's Day in Togliatti


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