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Sakhalin Governor announced record investment attraction in the region

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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.

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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.

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