Yamal ranks second in terms of its share in Russian investments
15:30 13 марта 2019
Категории: News in English
Yamal-Nenets Autonomous Okrug ranks second in Russia after Moscow in terms of investments. Thus, at the end of 2018 Moscow accounted for 13.8% of investments in the basic capital in Russia in general. This is information is given by RBC that analyzed the preliminary data of Rosstat (the Federal State Statistics Service).
Yamal that accounts for 1 trillion rubles or 5.8% is on the second place among regions. In 2018 NOVATEK completed construction of the plant on natural gas liquefaction “Yamal LNG” in Yamal-Nenets Autonomous Okrug ahead of the schedule. It became one of the factors of unexpected acceleration of Russia’s gross domestic product – the growth by 2.3% instead of 1.8% expected by the Ministry of economic development.
In recent years Yamal-Nenets Autonomous Okrug has consistently ranked second in terms of investments in the basic capital. Till 2013 Khanty-Mansiysk Autonomous Okrug took the second place, now it is on the third place with the share 5.2%.