Krasnodar region ranks 3rd in Russia in terms of the efficiency of its local industrial policy. There are 12,106 local industrial enterprises operating in metallurgy and metalworking, construction materials, mechanical engineering, chemical, forestry and light industries. The local network of industrial and high-tech parks is flourishing. Eight industrial and two high-tech parks are on the national registry kept by the Ministry of Industry and Trade of the Russian Federation. Another 10+ are scheduled to be launched by 2030.