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The effectiveness of the work of TOR will be measured by three indicators - Galushka

On September 20, the Minister of the Russian Federation for the Development of the Far East, Alexander Galushka, took part in a seminar on the topic "Territories of advanced development: a new tool for attracting investments", which was held within the framework of the International Investment Forum "Sochi-2014". The event was also attended by Deputy Minister of the Russian Federation for Crimean Affairs Andrey Sokolov, Deputy Minister of Economic Development of the Russian Federation Yevgeny Yelin, Governor of the Kaliningrad Region Nikolai Tsukanov. Representatives of large foreign and Russian companies took part in the discussion, according to the press service of the Ministry for the Development of the Russian Far East.

The Minister's speech was dedicated to the main project of the Ministry for the Development of the Russian Far East - territories of advanced development. Alexander Galushka explained how TORs differ from special economic zones. He stressed that, despite the fact that the creation of the SEZ was a "first positive step" in this direction, these zones still did not succeed.

The Minister noted that today there are only “two good” (out of seventeen) SEZs - in Lipetsk and Alabuga, therefore when developing the draft of new economic zones in the Far East, it was decided to abandon the SEZ as a negative brand. The head of the Ministry of Eastern Development spoke about the bill that will regulate the work of the TOR.

The Minister drew attention to the fact that deregulation and tax incentives are two main ideas of the law. The President instructed to speed up the introduction of the law for consideration until October 15 of this year, and the Government submitted a draft budget for 2015-2017 of the year in which additional funds were allocated to finance the TOR. These two facts, according to the Minister, are the basis for "the start of this project, to begin practical work on January 1 on 2015 of the year." Despite the fact that the law has not yet been adopted, the Ministry conducts a proactive policy towards foreign and domestic investors.

"We are actively working with investors, consulting with them, adjusting our plans. Including we fix it in memorandums of mutual understanding, "the Minister stressed. To date, 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 Minister of the Russian Federation for the Development of the Far East, Alexander Galushka, also drew the attention of those present to the fact that the law is not a panacea. The minister said: “For us, the bill is an important thing, but it is an integral part of a certain logic of the work of the Ministry for the Development of the Far East.” The Ministry is already actively cooperating with the administrations of the subjects of the federation, municipal formations on specific projects. The head of the Ministry of Eastern and Eastern Development cited as an example the successful experience of the company TekhnoNIKOL, which implements its project in the Khabarovsk Territory and received a building permit in one day.

“This is our job for this to happen. Our task is to make this work as much as possible in the public administration system. Then we will move from abstract-figurative constructions to subject-specific things, applied project microeconomics, which gives success, as statistics show, in other APR countries, ”said Alexander Galushka.

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.

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