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Ministry of Development has proposed to expand the boundaries of the Territory "Kuril Islands" for new investors

Special project TORA and Free Port

The Ministry of the Development of Russia has submitted to the Russian government a proposal for the expansion of the “Kuril Islands” TDO, established on the territory of the Sakhalin Region. The inclusion of new land plots will allow to implement four investment projects with a total investment of over 660 million rubles.

One of the investors - the Vostok Tour company plans to invest more 120 million rubles in the construction of a complex of tourist facilities on Shikotan Island. The company intends to put into operation a bathhouse, a cafe, launch equipment rental, boat trips in 2021 year. According to the press service of the Ministry of East Development, another potential resident, LLC Kuril Islands, announced the organization of a construction company. The project is planned to be implemented in 2019-2021, the volume of investments will exceed 100 million rubles.

Two more investors intend to build factories in the Kuriles. So, the Ostrovnoy fish factory intends to build a ship repair complex in Shikotan and invest 132 million rubles in it. And Alaid is ready to spend more 300 million on the construction of a small fish processing plant in Severo-Kurilsk.

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