Sverdlovsk Region is 18th on federal investment priority list

3 December 2007 (09:19)

The federal authorities are planning to invest more than 3.3 trillion RUR in the development of various regions of the country, the spokesperson for the Governor of Sverdlovsk Region reports. Sverdlovsk Region might expect to receive at least 3% of the total allocated sum to invest in a number of innovational projects, yet this could prove difficult, since the region is now only 18th on the federal investment priority list. Experts believe the situation could be improved through setting up some regional NGOs that would attract, accumulate, and direct the resources to innovational economic projects.


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