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Ministry for Development of Russian Far East: Additional opportunities to investors

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Surface water bodies can be included in the zone of advanced development, and residents can carry out any legitimate business activity in the zone of advanced development without any restrictions. The corresponding draft law was submitted to the government of the Russian Federation by the Ministry for Development of Russian Far East.

"It is proposed to amend the law on the zone of advanced development and introduce other legislative acts. The zone of advanced development regime is planned to be extended to surface water bodies. The zone of advanced development can be formed in the territory of one or several municipal entities and its part can be located in the water area. This innovation will allow the implementation of projects for the implementation of aquaculture and mariculture. Residents will be able to carry out any activities not prohibited by law in the territory of the zone of advanced development. Earlier, the list of authorized activities was determined by the relevant resolution of the government of Russia on the establishment of zone of advanced development," stressed the State Secretary - Deputy Minister of the Russian Federation for Development of the Far East Pavel Volkov.

"In the Far East, there is a constant, continuous work to improve the investment climate and attract investors to the macroregion, and it is very important from the point of view of attracting new investments to be competitive and to provide it with appropriate laws and regimes," the Minister of the Russian Federation for Development of the Far East, Aleksandr Galushka, repeatedly stresses.

Today on the territory of the Far East, 18 zones of advanced development have been created: Kangalassy Industrial Park, South Yakutia (the Republic of Sakha (Yakutia); Beringovsky (Chukotka AO); Belogorsk, Priamurskaya, Svobodny (Amur region); Khabarovsk, Komsomolsk, Nikolaevsk (Khabarovsk Territory), Nadezhdinskaya, Bolshoy Kamen, Mikhailovsky, Neftekhimichesky (Primorsky Territory); Kamchatka (Kamchatka Territory); Yuzhnaya, Gorny vozdukh, Kurily (Sakhalin region); Amuro-Khinganskaya (the Jewish Autonomous Region).

We note that in 2017 there was an increase in investments in fixed assets in the Far East of the country. This result was achieved also thanks to the arrival of new investors in the macro region; in 2017 they actually invested 92.5 billion rubles in its economy. In particular, the amount of attracted investment in the zone of advanced development amounted to 46 billion rubles.

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