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4 April 2018, 14:17

Business

Society

LPR People's Council adopts Republican development program for 2018

LUGANSK, April 4 (Lugansk Media Centre) – The LPR People's Council has adopted the Republican development program for 2018.

The program is based on key social and economic development figures for 2017, deputy minister of economic development Svetlana Podlipayeva said.

"The program provides for priority development vectors and events. The main objectives are to raise living standards, put economy on the rails of a stable and dynamic development by reviving industrial and investment opportunities in the Republic," she said.

This year the LPR shall focus on raising sales of processing industries.

"Steel industry is to raise sales four times due to Alchevsk Steel stable performance, Stakhanov Ferrous Alloy Plant re-launch and Lutugino Factory of Casting Rolls production boost."

Other LPR major enterprises are to boost sales, production or range of products.

The Program-2018 also envisages foreign economic relationships promotion, 17 percent foreign trade increase is anticipated.

LuganskMediaCentre — 04 April — Lugansk