Russia should maintain overall macroeconomic stability, providing the possibility of rapid response to internal and external risks, Russian President Vladimir Putin, opening a meeting on economic issues. The President also stressed the need for unconditional execution of the budgets of all levels and maintaining inflation at an acceptable low level, informs «Pacific Russia».

«And, of course, it is important to create new incentives for industry, for the production of new models of manufacturing, to strengthen small and medium businesses, to improve the business and investment climate,» — said the head of state.

Note in Primorsky Krai preliminary assessment index of production in the manufacturing sector by the end of February is 111.2 percent compared with the same period last year.

According to the Department of Economics of the Primorsky Territory, the growth figures achieved by increasing wood processing and production of wood products (117.9 percent), metal production and metal products (103.9 percent), machinery and equipment (166.4 per cent), vehicles and equipment (153.4 percent).

Also a lot of work underway to improve the investment climate in Primorye.

On the initiative of the Governor of Primorye region Vladimir Miklushevsky laws on lowering tax rates. Benefits will be available to investors who invest in a new production of at least 150 million rubles for three years or not less than 500 million rubles for five years. During the project, investors will be required to create high-performance workplaces.

Also in Primorye a developed infrastructure investment.

«We need to create a competitive advantage. In our case it should be high-tech industries, where labor costs are reduced, but increased levels of product quality, «- said Vladimir Miklushevsky, Primorye Governor.