Andrey Sokolov Department of projects of regional economy development Ministry of Economic Development of the Russian Federation Ministry of Economic Development of the Russian Ministry of Economic Development of the Russian Federation Federation Government support projects of regional economic development and possible direction of regional cooperation with a view of economy modernization of the Russian Federation Government support projects of regional economic development • • Special economic zones Government programs of the Russian Federation Social-economic development of Russian Federation regions • Kaliningrad region • The Far East and Baikal region • The North Caucasian federal district Investment resources of the Russian Federation regions 2 Special economic zones Special economic zones has particular legal status and economic privileges for investors Special economic zones is large-scale federal project on attraction of investments, advanced scientific, industrial and administrative technologies The main aims of special economic zones are to develop hi-tech branches of economy, tourism, working out and producing of new products, expansion of logistic systems 3 Special economic zones Investors (total investments – about $ 10 billion) Number of investors in special economic zones 30 companies from 19 countries Ministry of Economic Development of the Russian Federation 4 Special economic zones 4 Industrial and production zones 13 Tourist and recreational zones 4 Technology and innovation zones 3 Port zones Murmansk St. Petersburg Kaliningrad Region Moscow Region Moscow Sverdlovsk Region Republic of Tatarstan Khabarovsk Region Tomsk Lipetsk Region Samara Region Republic of Buryatia Ulyanovsk The North Caucasian federal district (6 zones) Stavropol Region Russkiy island Altai Region Republic of Altai Irkutsk Region 5 Preferences Special administrative regime • Decrease in administrative barriers, “single window” Transparent legislative and management • Authorities involved: Ministry of economic development, JSС “SEZ” Access to qualified human resources • Science and education centers Free customs mode • No import duty, refundable VAT up to 30% cost reduction for investors All the necessary infrastructure at lower prices • Office facilities, gas, water, energy etc. State guarantees and stability • Investment agreement with the Government, zones are created for 20 years Special tax treatment • Income tax decrease, property, land, transport tax exemption for 5 years 6 Government programs of the Russian Federation 3 priority regions: The Kaliningrad region The Far East and Baikal region The North Caucasian federal district Main direction and measures of government programs: -Creation of the favorable environment for investments -Infrastructure creation - Realization separate investment nation-wide and priority projects also with state-private partnership - Stimulation and achievement of the all-Russian indicators of social-economic development 7 Social-economic development of Russian Federation regions • Kaliningrad region Special conditions for business, provided by the Law on Special Economic Zone Proximity of European markets Access to Baltic and Atlantic sea routes Support to investors by the Government 8 The Far East and Transbaikali • The federal target program «Social and economic development of the Far East and Baikal region» Main goals: Creating a necessary infrastructure and favorable investment climate -Creating of new workplaces -Preparation of a necessary infrastructure for carrying out in 2012 «Asia-Pacific Economic Cooperation» Amount of financing in 2012 – 2013 more than 1 billion Euro 9 The Far East and Transbaikali Development fund of the Far East and Baikal region The main aim – assistance in realization of investment projects Activities: - Estimation and selection of investment projects -Assistance in realization of the Strategy of socialeconomic development of the Far East and Baikal region -Creation attractive investment environment -Participation in working out of mechanisms of projects financing Now it is carried out of selection and statement of investment projects assumed to realization 10 The North Caucasian federal district Measures of the Russian Federation Government: -State guarantees under credits for realization of projects -Creation of the specialized organization -Working out government program -Statement of special economic zones - Realization federal target programs: - Social-economic development of Chechen Republic (2008 – 2012) -Social-economic development of Ingush Republic (2010 – 2016) -The South of Russia (2008 – 2013) Amount of financing of federal target programs for all more than 7.4 billion Euro 11 The North Caucasian federal district Development corporation of The North Caucasian The main aim – assistance in large-scale projects, attraction investors and development of the investment environment Activities: -Attraction of additional investments not less than 1,7 billion euro at expense of private investors - Realization not less than 150 investment projects, creation not less than 150 thousand new workplaces -Formation within 3 years of own investment portfolio from 30 – 40 projects 12 The North Caucasian federal district Northern Caucasus resorts The main aim – designing and balding of a transport, engineering, sports, tourist infrastructure Northern Caucasus resorts will run an extended projects on construction of five new world-class resorts with service and technical levels comparable with the most popular resorts in the world. 13 Investment resources of the Russian Federation regions Measures on supporting of the international investors: -Tax privileges -Indemnification of credits interest - Grants for building of an infrastructure -Specialized agencies on attraction of investments and etc. 14 Investment resources of the Russian Federation regions Development corporation of Kaluga region: The main aim – assistance in attraction investors and development of the investment infrastructure 15 Thank you for your attention 16