Translation. Region: Russian Federal
Source: Government of the Russian Federation – Government of the Russian Federation –
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The free economic zone is one of the development tools for Donbass and Novorossiya, the mechanisms of which have allowed the regions to attract over 55 billion rubles of investment, create over 11 thousand jobs and generally lay the foundations for the economic self-sufficiency of these territories. Today, the FEZ has reached a new milestone – now the number of its participants has reached 400, Deputy Prime Minister Marat Khusnullin reported.
"The fundamental part of the economy of Donbass and Novorossiya is industry, historically being the flagship enterprises in these regions, so they were the first to become participants in the SEZ. Some of them were in a state of decline or were completely idle before the arrival of new investors. Now we are seeing a revival of the industrial potential of historical regions, and along with this, a trend of growing interest from representatives of the agricultural and construction sectors. They make up about 40% of the total number of participants in the SEZ register," said the Deputy Prime Minister.
Representatives of businesses from all four reunited regions are regularly included in the register of the free economic zone. The regulator of the SEZ is the Ministry of Construction, and the Territorial Development Fund is the management company.
"The fund recently accepted an agricultural enterprise from the Kherson region, which grows walnuts, into the SEZ, and plans to purchase agricultural machinery. In the Zaporizhia region, a similar status was received by a branch of a telecom operator and a local agricultural producer, which plans to increase crop yields by 7-8 times due to the introduction of new irrigation systems. Builders also actively use the SEZ preferences: the participant status allows them to sublease land from the fund without bidding from the established bank of land plots. For example, in the LPR, the developer will build an apartment complex with an area of more than 120 thousand square meters, and in the DPR, it will engage in the construction of individual housing construction facilities on the coast of the Sea of Azov and in Donetsk," added FRT General Director Vasily Kupyzin.
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