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Igor Dzhurko: “TOR is the legal basis for new development institutions”
Igor Dzhurko, General Director of OJSC Far Eastern Energy Management Company (DVEUK), commented to EastRussia.ru that the adoption of the Law on Advanced Development Areas (TOR) would be able to solve a lot of strategically important issues in the Far East.
“What is the Far East? It is an economically underdeveloped and sparsely populated area with huge growth potential. The Law on Priority Development Territories (PDA) is a legal basis for the formation of new development institutions that combine mechanisms for attracting capital, personnel and innovations to increase entrepreneurial activity that can unleash the potential of the region, ”said I. Dzhurko.
According to him, "the implementation of the Law on TORs can become a driver of industrial growth, as the adoption of the law provides for the creation of special legal regimes."
"For example, during the construction of APEC summit facilities in Vladivostok, the solution of land issues was partially simplified, which made it possible to create all necessary infrastructure in the shortest possible time. And accelerated economic growth will be possible when a rational combination of administrative management methods with a set of incentive legal and fiscal measures is implemented on the territory, "I.Jurko summed up.