Translation. Region: Russian Federal
Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.
During a meeting on the socio-economic development of the DPR, LPR, Zaporizhia and Kherson regions, the President pointed out the need to pay special attention to supporting all sectors of the economy, industry and agriculture, financial, banking infrastructure and entrepreneurship. Among the mechanisms that operate in the territory of the reunited regions, he noted the free economic zone. To date, the FEZ regime has been operating for exactly two years, having a positive impact on the revival of the economy of the new regions and the growth of the well-being of residents. Within the framework of the FEZ, over 10 thousand new jobs have been created, more than 46.5 billion rubles have been invested in the creation, restoration, modernization of companies and enterprises, Deputy Prime Minister Marat Khusnullin reported.
“Two years ago, on July 1, 2023, a free economic zone was created on the territory of Donbass and Novorossiya by order of the President. During this time, it has proven its relevance, becoming one of the most effective mechanisms of state support aimed at restarting the economy, increasing business activity and, accordingly, increasing investment. Over two years, the SEZ has attracted 365 investors who are implementing 400 projects. That is, one participant in the SEZ, especially developers, can carry out several projects at once. The volume of their investments is more than 46.5 billion rubles out of the total planned 257 billion, the number of new jobs is over 10 thousand, and in total, more than 100 thousand people will be involved in the implementation of the projects,” said Marat Khusnullin.
The authorized body for regulating the free economic zone is the Ministry of Construction, and the functions of the management company are assigned to the PPK “Territorial Development Fund”.
“The SEZ provides comfortable investment conditions, provides tax benefits, preferential lending, and preferential provision of land plots for rent for participants. These preferences are already used by 144 companies in the LPR, 141 in the DPR, and in the Zaporizhia and Kherson regions – 54 participants and 40, respectively. Project support, attention to the problems and questions of investors is one of the priorities of the fund’s work within the framework of the SEZ management. For the effective functioning of the SEZ, a special portal is in place, consulting and methodological support is provided to participants in person at the FRT offices directly in the reunited regions,” said Vasily Kupyzin, General Director of the PPC “Fund for Development of Territories”.
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