Sakhalin Governor announced record investment attraction in the region

YUZHNO-SAKHALINSK, February 27 – The Sakhalin region attracted a record amount of investments in 2022 in the amount of 261 billion rubles, the press service of the region’s government reports.

According to the press service, 60% of the money was directed to industries unrelated to the oil and gas sector. As a result, the Sakhalin region took the fifth place in the rating of investment attractiveness of Russian regions.

This year, the region’s authorities plan to attract 290 billion rubles in investments.

As part of the implementation of investment projects in the Sakhalin region, the construction of industrial complexes – oil and gas, agricultural industries, as well as the modernization of the Korsakov seaport will continue.

In addition, it is planned to build a multifunctional Boronay cargo area, establish a logistics center in Yuzhno-Sakhalinsk, a shipyard for building ships from composite materials, a wood processing complex, a plant for the production of modular and cement block houses, a fuel production plant, fish processing plants, and the development of a complex Athlete and tourist “Mountain Air”.

“In the coming years, it is planned to create 15,000 new jobs in the Sakhalin region,” says the report.