It makes sense to prevent crises from happening in monotowns than dealing with consequences when it is too late

29 april 2016 | IA REGNUM

“Integrated development of monotowns must include financing the infrastructure, building industrial parks, promoting investment activities, creating jobs,” the Adviser to the Head of the Analytical Center Sergey Aristov is quoted as saying by REGNUM news agency.

Sergey Aristov
Sergey Aristov
Department for Regional Policy and Far East Development

 “At the same time, it makes more sense to prevent crises from happening in monotowns than dealing with consequences when it is too late,” the expert points out.

It should be reminded that the Russian Civic Chamber is preparing recommendations for the development of monotowns and remote territories, which are to be submitted to the governments of Russian regions that have monotowns.

REGNUM news agency reports that 59 monotowns in Russia are facing economic crisis (25 of them have steel works while 11 are dependent on paper and pulp factories), while 67 monotowns are looking at possible deterioration in the situation (30 of them have steel companies). In 101 monotowns the situation is stable.

Back in 2015 Analytical Center Experts studied state support of monotowns and concluded that only synergy could ensure good results.