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To manage the TOP is the "Far East Development Corporation"
According to EastRussia, in order to simplify registration procedures and reduce the formation time of a company that carries out the functions of managing territories of advanced socio-economic development in the Far Eastern Federal District, the already existing open joint-stock company Moscow Material and Technical Base will be renamed into the Corporation for the Development of the Far East ".
The draft resolution, published on the Unified Information Disclosure Portal, assumes that the powers of the meeting of shareholders of the Far East Development Corporation will be exercised by the Ministry for the Development of the Russian Far East, and representatives of the state's interests on the board of directors of the joint-stock company will vote on the agency's directives.
The company's management will exercise its powers, both from the federal and regional centers, in which the territory of advanced development will be adopted.
Adoption of the draft resolution will facilitate the early creation and functioning of the TOP, the beginning of the construction of infrastructure facilities, and will not entail a change in the scope of authority and competence of state authorities of the subjects of the Russian Federation and local self-government bodies.