The President’s initiative “One District – One Project” has become an effective tool for implementing the import substitution program and enhancing export potential overall. It has also served as one of the incentives for local authorities and enterprises, which are increasingly proposing new startup ideas of various scales aimed at the general economic recovery of individual districts. Correspondents of "R" visited the border region of Dubrovenshchina and learned how investors are attracted there and what is being focused on.

Strategy: A Comprehensive Approach

Anatoliy Lukashev, Chairman of the Dubrovno District Executive Committee, cites one of the most important figures demonstrating the correctness of the economic tactics and strategy chosen by the district. Based on the results of last year, the volume of export supplies increased by 45.8 percent. Several enterprises are among the leaders. The lion's share of the total export structure is accounted for by OJSC "Dubrovno Flax Mill". A private company specializing in the processing of livestock products, and other economic entities, have also shown good growth.

“We are always open to dialogue and discussion of any entrepreneurial initiatives,” notes the head of the district. “We are ready to assist in finding a production site, help with paperwork, staff recruitment and training, and resolving other pressing issues for newcomers. The district is specific. Yes, we have a very advantageous geographical location, but this also has its drawbacks: the proximity of large cities and excellent transport links cause a certain outflow of personnel. Therefore, the task of strengthening industrial potential in parallel with improving the social sphere is a paramount task. As the President said, if there are jobs, decent wages, and all the necessary amenities for life, people will stay in rural areas. We are developing enterprises, building housing, and improving healthcare.”

Last year, the average salary in the district increased by almost 20 percent. 41.4 million rubles of investments were attracted to fixed capital: the growth rate was 129.4 percent against a target of 116. Investment activity in construction and installation work showed a plus of 60 percent.

It is noteworthy that the number of private businesses is growing. Currently, there are over 80 small and medium-sized enterprises and almost 200 individual entrepreneurs operating here. All of them make a significant contribution to the formation of the district budget's revenue, providing about 30 percent of the receipts.