Penza, 6 August 2013. PenzaNews. Investment in the economy of the Penza region increased by 10% in the first six months of 2013 compared to the same period last year. This was announced by the First Deputy Chairman – Minister of Investment Development and Business of the region Vladimir Volkov during an operational meeting on Tuesday, August 6.

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“More than a third of this amount is investing in modern equipment. It will allow producing more products with higher added value at the existing workplaces,” said Vladimir Volkov.

The minister noted that in terms of attracting investment, the department is now working on several fronts.

“One of them is agriculture. Currently there is a significant growth in the dairy processing industry. In addition, the industrial parks are under construction; and due to federal co-funding this year we plan to provide infrastructure for such site in Kizhevatovo,” said Vladimir Volkov.

Moreover, he stressed that small business also provides a stable investment growth.

“Its share in the total volume makes more than 20%,” the minister noted.