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Ilya Krivogov and Oleg Kuvshinnikov signed a general agreement on Cherepovets development.
01.09.2015 09:38
Ilya Krivogov, head of the Russian Monocity Development Fund and Oleg Kuvshinnikov, Vologda Oblast Governor signed a general agreement on Cherepovets development on August 31.
According to this document, the Cherepovets industrial park will get almost RUR 1 bn within three years. These funds will be used for construction of energy, transport and engineering infrastructure of the Park.
The economy of Cherepovets, the largest industrial city of the Vologda Region, determines the socio-economic situation of the region. The problem of Cherepovets like any other Russian mono-city is that the town is life-supported by the single industry complex only.
The idea of establishing an industrial park in Cherepovets is based on several concepts:
- to be able to concentrate dedicated infrastructure in a delimited area to reduce the per-business expense of that infrastructure. Such infrastructure includes roadways, railroad sidings, high-power electric supplies, high-end communications cables, large-volume water supplies, and gas lines.
- to be able to attract new business by providing an integrated infrastructure in one location.
- eligibility of an industrial park for benefits.
- to set aside industrial uses from urban areas to try to reduce the environmental and social impact of the industrial uses.
The local government together with the city hall of Cherepovets continues to implement activities aimed at attraction of private investment in new businesses.