MIL-OSI Russia: Alexander Novak approved the creation of three new special economic zones and the expansion of the existing one

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Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

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Alexander Novak held a meeting of the interdepartmental working group on the creation of special economic zones (SEZ)

Deputy Prime Minister Alexander Novak held a meeting of the interdepartmental working group on the creation of special economic zones (SEZ). It was attended by representatives of the Ministry of Economic Development, the Ministry of Finance, the Ministry of Industry and Trade, the Ministry of Transport, the Ministry of Internal Affairs, the Federal Customs Service, the Governor of the Vologda Region Georgy Filimonov, the Governor of the Novosibirsk Region Andrei Travnikov, the Governor of the Orenburg Region Denis Pasler, the Deputy Chairman of the Government of the Moscow Region Ekaterina Zinovieva, as well as representatives of investors and industry business associations.

The working group supported plans to create industrial-production SEZs “Vologda”, “Bolshoy Serpukhov” and “Novosibirsk”. In addition, an increase in the area of the existing industrial-production SEZ “Orenburg” was approved.

The Vologodskaya SEZ is being created in the Vologda region in the format of a compact industrial site on a territory of 76 hectares. At the first stage, we are talking about the implementation of six investment projects worth over 8.7 billion rubles with plans to create 788 jobs. Two clusters are being formed on the basis of the SEZ: metalworking and woodworking.

The SEZ “Big Serpukhov” and the SEZ “Novosibirsk” are private projects.

At the first stage, the SEZ “Big Serpukhov” includes an area of about 30 hectares, where a cluster of medicine and innovations will be concentrated, consisting of at least seven enterprises with a declared investment volume in projects of over 8 billion rubles and plans to create 896 jobs in modern production.

SEZ “Novosibirsk” is an industrial zone on an area of 406 hectares within the city of Novosibirsk in the format of a “dry port”, where logistics and construction products clusters will be formed. In total, five projects are planned at the first stage for an investment amount of over 9.2 billion rubles with plans to create 700 jobs.

The already operating Orenburg SEZ currently consists of two sites in Orenburg and Orsk, which were created in the fall of 2021 and have already been filled with residents in a relatively short period of time. 20 investment projects are being actively implemented in the SEZ, and plans include launching two more worth 1.6 billion rubles with the creation of over 160 jobs. The projects involve localizing the production of thermal insulation, translucent products and metal structures to provide the domestic construction industry with its own products.

“The President of the Russian Federation in his May decree set an ambitious goal to increase investments by 2030 to 60% of the 2020 level. Today, we are in a situation associated with a period of tight monetary policy and the need to reduce inflation. Investors who come to special economic zones in the current conditions create jobs – this is very valuable. We see that special economic zones are an effective tool that allows us to attract investments in the infrastructure of regions,” the Deputy Prime Minister noted.

Alexander Novak instructed regional authorities to oversee the attraction of new residents to special economic zones, provide support to existing residents, and monitor the effectiveness of decision-making on the work of the SEZ.

Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

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