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Project Development

 

Since 2003 the Vologda Oblast has been translating into life a strategy of its social and economic development. The strategy that communicates the oblast's vision of economic success and provides standards for the measurement of that success deserved a positive assessment of the RF Minister for Regional Development in 2006.

It is difficult to sustain economic growth in terms of extensive usage of aging production facilities. Rapid modernization and development of processing indusrties are indicated as a priority objective of the local government over the coming years. To increase competitiveness of the region it is neccesary to set up enterprises that are viable in a market economy and to be able to arrange them on the oblast's territory. It has led to the creation of an economic-technological development area in the Vologda Oblast - Sheksna Industrial Park. The Park is to encourage the development of industries and businesses which are economically efficient, high in added value and technology intensive.

The unique feature of the Industrial Park is in its location at the intersection of all transport lines: railroads and federal motor roads, the Volgo-Baltic waterway and air corridor "Europe - Asia".

More than 50% of the oblast's working-age people live in the agglomeration Vologda-Sheksna-Cherepovets employing highly skilled workforce. The region's largest insurance companies, banks, institutes and universities are found here. The area has access to highways and railways that makes getting to and around the agglomeration area easy.



Sheksna industrial park


Administrative building of Sheksna industrial park


Foundation of ZAO Severstal Pipe Works - Sheksna,
the first enterprise on the territory of the Sheksna industrial park


Foundation of ZAO Severstal Pipe Works - Sheksna,
the first enterprise on the territory of the Sheksna industrial park