Denis Manturov: number of industrial parks up over 150%

13 February 2018
Denis Manturov, Minister of Industry and Trade of the Russian Federation, has commented on the development of industrial parks in Russia. “To create new manufacturing facilities and boost the technological level of the real sector, we need to ensure that the regions have sites with a prepared industrial infrastructure. In the period from 2012 to 2017, the number of industrial parks, both existing and under construction, increased by more than 150 per cent, from 64 to 166,” Denis Manturov told the Russian Investment Forum magazine (published by the Roscongress Foundation).

The Minister also pointed to a recent tendency towards more even distribution of industrial parks across Russia. “Five years ago, for instance, there were industrial sites in 27 regions; now they exist in 51 regions. New sites have been created more intensively in the Siberian Federal District (10 parks), the Urals Federal District (10 parks), and the Far Eastern Federal District (3 parks),” Mr. Manturov stressed.

The highest concentration of industrial parks is still in central Russia. “This is due both to the high level of competition among regions for attracting investors and opening new production facilities and to proximity to major markets for sale and consumption of the products manufactured,” Denis Manturov explained.

At the same time, he added that “eastern regions also have a high potential for creating new industrial sites. For example, the average level of occupancy of industrial parks by local residents in central Russia has not risen above 50-51% over the past three years, against more than 70% in the eastern regions.”

The full interview is published in the Russian Investment Forum magazine.
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