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Development Corporation will appear in Yakutia
The head of Yakutia, Yegor Borisov, supported the proposal to create a Development Corporation to attract investors to the region. The task of the Corporation will be to prepare the infrastructure at industrial sites.
Alexey Zagorenko, General Director of the Regional Investment Development Agency, noted that “investors are reluctant to invest when the infrastructure is not established at the work site. The task of the Development Corporation is to prepare the infrastructure at the industrial site where the work will be carried out. "
According to him, there will be no controversial issues between the Corporation and the Agency. “Our agency is a state institution, while corporations are organized as OJSCs. There will be no controversial issues between us, due to the separate functionality - we only deal with consulting investors on various issues, ”he said.
The timing of the creation of the Development Corporation and the amount of funding are not yet known.