Translation. Region: Russian Federation –
Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
Vladivostok, January 5 (Xinhua) — Russia welcomes the active use of the new preferential regime for international priority development areas (ITORs) by international partners, including Chinese investors. Russian Minister for the Development of the Far East and Arctic Alexey Chekunkov stated this in an interview with Xinhua recently.
A. Chekunkov noted that the new preferential regime, which came into effect on January 1, 2026, was created for the implementation of high-tech projects with the participation of foreign investors and offers a wide range of preferences.
"Investors have been granted a 10-year zero-fee federal income tax benefit, exceeding the similar benefit provided to residents of priority development areas," explained the head of the Ministry for the Development of the Russian Far East. "This broad range of benefits includes a 7.6 percent reduction in insurance premiums for 10 years, access to land and infrastructure, a free customs zone, and the ability to attract foreign labor without quotas."
According to the minister, one of the key advantages of the MTOR is the fixation of tax and regulatory conditions for the entire project duration—up to 15 years. Furthermore, the protection of residents' commercial information is ensured by maintaining a closed registry of residents and restricting their data in the Unified State Register of Legal Entities.
A. Chekunkov emphasized that the MTOR regime is designed for serious strategic investors, with the minimum capital investment threshold set at 500 million rubles (approximately $6.4 million). The project must focus on the production of high-value-added products or services, or the execution of work from a special list approved by the Russian government.
"One of the pilot projects using the MTOR mechanism is planned for implementation in Primorsky Krai. A Russian-Chinese agro-industrial park will be created there," the minister said.
He recalled that the project is envisaged by a memorandum of cooperation in agriculture in the Russian Far East. This document was signed by the Ministry for the Development of the Russian Far East and the Ministry of Agriculture and Rural Affairs of the People's Republic of China in September 2025 during Russian President Vladimir Putin's visit to China.
According to A. Chekunkov, the future park is conceived as a large multifunctional cluster. "The agro-industrial park project envisions the creation of a multifunctional cluster on the MTOR site, including grain terminals, advanced processing plants for agricultural raw materials, agricultural machinery manufacturing, and dairy and confectionery production facilities," explained the head of the Ministry for the Development of the Russian Far East.
In addition to Primorsky Krai, sites in Amur Oblast, Transbaikal and Khabarovsk Krais, and the Jewish Autonomous Oblast are being considered for the implementation of investment projects in the MTOR, he added. –0–
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