MOSCOW TIME: 16.04.2024 15:01:08

Investments

Investments in Murmansk Region’s mining industry to exceed $1.57 bln

Investments in Murmansk Region’s mining industry to exceed $1.57 bln

The total investments in the Murmansk Region’s mining industries to 2022 may make more than $1.57 bln.

"We have the biggest investment programs from the mining companies in the Murmansk Region to 2022," the region’s Deputy Governor Alexei Tukavin told'

According to the deputy governor, the mining companies account for about 25% of the Murmansk Gross Regional Product. In 2017, the companies’ production was worth $2.51 billion, showing an 8-percent growth year-on-year.

Those companies employ more than 20,000 people - about 8% of the labor force in the Murmansk Region, the official said.

Source: www.tass.com

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Russia Investments Murmansk Region’s Mining industries

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