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Investments in federal districts to exceed RUB 7 trln – Putin

“Until the end of the year we will adopt programs for the Urals and the North-Western federal districts,” Putin said

CHEREPOVETS, September 5 (Itar-Tass) — Russian Prime Minister Vladimir Putin said on Monday the investments into development strategies of the country’s federal districts will exceed 7 trillion roubles.

The government approved development strategies for six federal districts – the Volga, Siberian, Far Eastern, North Caucasus, Central and Southern federal districts, the prime minister told a meeting of the ruling United Russia party’s regional offices in the North-Western federal district.

“Until the end of the year we will adopt programs for the Urals and the North-Western federal districts,” Putin said.

He added that over 200 projects will create the basis for the strategy. They should become “a driving force for Russia’s economic growth.”

“The total number of investments will be over 7 trillion roubles,” Putin said.