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Budget financing of the new special economic zone of Vladivostok will amount to 5,3 billion rubles

On August 18, Prime Minister Dmitry Medvedev signed a Resolution “On the establishment of a special economic zone of industrial and production type on the territory of Vladivostok,” according to the materials of the RF Government.

The document was prepared by the Ministry of Economic Development on the instructions of the President of the Russian Federation. In order to finance the creation of a special economic zone, a resolution signed by the Ministry of Economic Development of Russia and the Ministry of Finance of Russia, when forming the federal budget for 2015, and for the planning period 2016 and 2017, provide for budget allocations of up to 5, 365 billion rubles.

The construction of the necessary infrastructure is planned to be financed at the expense of the budget of the Primorsky Krai in the amount of at least 300 million rubles.

In the period up to 2023, tax deductions to the federal, regional and local budgets are planned in the amount of about 26,3 billion rubles, 3,2 billion rubles and 0,6 billion rubles, respectively. The indicated receipts in budgets of all levels will be provided, including at the expense of value added and profit taxes, customs duties and excise taxes. In addition, it is planned to receive non-tax contributions in the amount of 2,1 billion rubles.

It is reported that the new special economic zone will create favorable conditions for attracting investment, the development of high-tech industries and the emergence of new jobs.

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