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A New Look

At the International Investment Forum in Sochi, the "eastern vector" of the country's development was declared

A New Look

The main theme of the event, which brought together almost 9700 participants from 48 countries, was the new regional policy in the modern world and the investment climate in the regions.

The business program of the International Investment Forum, held in Sochi from 19 to 21 September, was opened by the Prime Minister of the Russian Federation Dmitry Medvedev. At the meeting on the topic "Russia between Europe and Asia: a new regional policy in modern conditions", he noted that "Russia's attention to the East, the intensification of trade, economic and investment cooperation with Asian countries have become one of the most important components of our foreign economic strategy."

“If we talk about Russian exports excluding fuel and energy percentages, 34% falls in Europe and almost the same - 32% - in the countries of Asia, the Middle East and North Africa. In imports, 42% falls on the EU countries and about 35% - on the APEC countries and India. And of course, Asia's share must increase. It is clear that we need to develop Siberia, the Far East, ”D. Medvedev said.

According to the premier, the potential for interaction with Asian partners is simply enormous. To implement it, the mechanism of the territories of advanced development is launched.

“The new strategy with Asia is not a senseless revenge on Europe, but a natural course of events and a thoughtful response to the changing conditions of economic development,” D. Medvedev emphasized.

At the meeting “Investment climate in the regions: how to ensure development policy in the context of limited resources?”, The problems of the northern regions and the Far East were actively discussed. For example, the fact that difficulties in attracting an investor are caused, first of all, by remoteness from the consumer, high tariffs for utility services, and underdeveloped infrastructure.

During the discussion, Dmitry Medvedev said that there will be no changes in federal taxation in the near future, and this should stimulate business activity. In addition, the subjects of the country also have the opportunity to regulate support measures through a regional taxation system.

The topic of relations with Asia was continued by the Minister of the Russian Federation for the Development of the Far East, Alexander Galushka. At the panel discussion "The Economic Master Plan for the Development of the Far East. Infrastructure and investment projects "he singled out a number of key directions for the development of the Far East.

"Near the Far East, huge, huge markets, which develop the most dynamic way," - he said. The territories of advanced development created in the Far East will help "give the investor competitive conditions for investing, doing business in comparison with the same facilities in the APR countries."

According to him, 18 priority investment projects have already been selected and are able to give the Far East 2,5 trillion of private investment, create 40 thousand new jobs. The head of the Minsk region also noted that "it is very important that the priority of the development of the Far East be in each state program."

Governor of Magadan region Vladimir Pechenyi during the discussion spoke about a number of priority investment projects in the Magadan region, including the high-voltage line "Ust-Omchug-Omchak."

The governor of the Sakhalin region, Alexander Khoroshavin, also took part in the investment forum in Sochi. According to the press service of the governor, in his speech he noted that, despite the changed foreign policy situation, the introduction of sanctions by several countries against Russia, the Sakhalin Region continues to focus on developing constructive interaction with its international partners.

"First of all, we intend to deepen the existing constructive ties with the countries of the Asia-Pacific region - Japan, Korea and China - our closest neighbors," the head of the island region cites the press service.

By the way, at the forum, the Government of the Sakhalin Oblast and the Council of Ministers of the Republic of Crimea have concluded an Agreement on trade, economic, scientific, technical and cultural cooperation. The document was signed by the Governor of the Sakhalin region Alexander Khoroshavin and the acting head of the Republic of Crimea Sergey Aksenov

According to the Governor of the island region, with the conclusion of this Agreement, the Sakhalin Region and the Republic of Crimea open a new page in the history of interregional cooperation: the agreement relates to the fields of fisheries and oceanography, as well as the development of the continental shelf.

"In June of this year, the Treaty on Scientific Cooperation between the Institute of Marine Geology and Geophysics of the Far East Branch of the Russian Academy of Sciences and the Tavrida National University named after T. Sh. VIVernadsky. We also see great opportunities for recreation and health improvement of Sakhalin residents in the health resorts of the Republic of Crimea, "A.Khoroshavin said.

Minister of the Russian Federation for Far East Development A.Galushka took part in a seminar on "The Territory of Advanced Development: A New Tool for Attracting Investments," where he expressed his opinion on a draft law that would regulate the work of the TORs.

The minister drew attention to the fact that deregulation and tax incentives are the two main ideas of the law. It is expected that the law will be submitted for consideration by October 15, and the Government will submit a draft budget for the 2015-2017 year, in which additional funds are allocated to finance the TORs. These two facts, according to the minister, are the basis "to begin practical work with 1 January 2015 year." However, the Ministry is already pursuing a proactive policy towards foreign and domestic investors. Thus, the Ministry of the Russian Federation for the development of the Far East has already signed 7 memorandums with the largest investment companies, whose investment portfolio amounts to tens of billions of dollars.

The head of the Ministry of Development and Development named three priority indicators by which it is planned to measure the efficiency of the territories of advanced development: the volume of attracted investments in relation to the budget investments spent, the number of high-performance well-paid jobs, the growth of gross regional product.

The head of the Republic of Sakha (Yakutia), Yegor Borisov, took part in the panel discussion "Housing and communal services in Russia: new conditions for private investment." During the conversation it was noted that attracting private investments is an important component of the state policy in the sphere of housing and communal services, but potential investors are slow to show activity. The industry has not yet created a mechanism that ensures transparency of payments for housing and communal services, and companies often demonstrate poor-quality work. Solve the problem at the legislative level: until 1 January 2016, managers of management companies must pass the exam. Work is also continuing on the creation of an information system for the GIS of housing and communal services, which will provide an opportunity to exercise public control in this area.

Vice Premier Dmitry Kozak said that the event was successful: "Within the framework of the forum, contracts and agreements were signed for a total of 380 billion rubles."

Among the signed documents is an agreement on intentions for the formation of investment projects signed by Alexander Bazhenov, General Director of the Federal Center for Project Finance (VEB Group), and Nikolai Brusnikin, Chairman of the Board of Directors of Khabarovsk Power Systems. The document assumes the preparation of projects for the reconstruction and construction of energy sources for switching to gas fuel and reconstruction of distribution networks in municipal areas. To this end, the parties to the agreement will prepare a "Plan for the integrated development of the heat supply system in the Khabarovsk Krai" and will work to find and attract investors and partners for the implementation of projects.

“Interaction with the Federal Center for Project Finance is an important step to attract a professional investor in the complex sphere of technological improvement of municipal energy. The Khabarovsk Territory is carrying out a large-scale reconstruction of the engineering infrastructure of municipalities, ”said Nikolay Brusnikin.

Thus, the Khabarovsk Territory could become the first site in the Far East for the implementation of investment projects for the integrated development of the heat and power supply system. This will improve the efficiency of the economy and urban economy of the region, as well as qualitatively change the standard of living of the population.

The Federal Grid Company intends during the period 2014-2019. invest in the development of the Far East about 75 billion rubles. Andrei Murov, Chairman of the Board of FGC UES, spoke at the forum about the prospects for building new power facilities of the Unified National Electric Grid. According to him, the most significant projects of FGC UES in the Far East will be the power supply of the Elga coal deposit, the ESPO pipeline, the Eastern Petrochemical Company facilities, the Vostochny cosmodrome, the Kozmino port and the connection of the isolated regions of Yakutia to the Unified National Network.

As A.Murov noted, the modernization of the Baikal-Amur Mainline and Transsib will be a large-scale and key project for the Far East and Eastern Siberia. For these purposes, FNC UES invests 141 billion rubles, of which 56 billion is planned to be raised from the National Wealth Fund. Thanks to the project, RZD will be able to export an additional 2020 million tons of cargo from the fields of the Eastern landfill currently under development by 55.

“In order to maintain the planned pace of development of the Far East, it is necessary to combine three main sources of funding: own funds, public-private partnership mechanisms and targeted, targeted budget financing,” said the Chairman of the FGC Board.

Summarizing the results of the forum, D. Medvedev wrote on his Facebook page that sanctions are "not the worst thing" for the country, "their Russia will survive." The main task for the coming years is to give new life to the perspective territories, to establish cooperation with the Asian region and radically rethink the opportunities for economic development.

"Russia has always looked both to the West and to the East, and we will not abandon this tradition," Medvedev said.

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