Irkutsk
Ulan-Ude

Blagoveshchensk
Chita
Yakutsk

Birobidzhan
Vladivostok
Khabarovsk

Magadan
Yuzhno-Sakhalinsk

Anadyr
Petropavlovsk-
Kamchatsky
Moscow

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Ministry of Investment Policy will revive on Sakhalin

Ministry of Investment Policy will revive on Sakhalin
Photo: sakhalin.gov.ru

In the Sakhalin Oblast, the Ministry of Investment Policy resumes work. It will be engaged in the development of non-primary industries, increasing export of products, and attracting Russian and foreign large businesses.

The agency will work on the principle of "one window." There, investors will be able to get the full range of services and full support of specialists. According to the press service of the regional government, the ministry will also be engaged in the development of existing ASEZs and the creation of new projects within the framework of the free port of Vladivostok.

The department will focus on the creation of industrial parks, the formation of new sales markets in Russia and abroad, and the expansion of cooperation with foreign investors. In non-resource sectors it is planned to develop construction, logistics, tourism, and a timber processing complex.

The transformation of the government structure of the Sakhalin Oblast began at the end of 2019. It is watching liquidation of several ministries and agencies, as well as the creation of new structures without increasing the staff of officials.