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In Yakutia, the implementation of the Standard for a Favorable Investment Climate

On August 14, the head of Yakutia, Yegor Borisov, held a meeting of the Council for Investment Policy of the Republic of Sakha (Yakutia), dedicated to the implementation of the Standard for the activities of executive authorities to ensure a favorable investment climate and the prospects for creating priority development areas and industrial parks in Yakutia. The reports were made by Mikhail Brok, Director General of the Corporation for Development of South Yakutia, Valery Maksimov, Minister of Economy of the Republic, and Evgeny Chekin, Deputy Minister, according to the press service of the regional administration.

ВThe head of the republic ryo noted that the Investment Strategy was approved for the implementation of the Standard in the republic, and a plan was created for the creation of investment projects and the corresponding infrastructure. To date, the necessary regulatory framework for the protection of investors' rights has been created, and the procedure for assessing regulatory impact has been adopted.

Today, the Investment Development Agency and Technopark "Yakutia" operate in Yakutia. A network of business incubators is being developed: in total, by 2016 it is planned to introduce business incubators in 14 municipalities of the republic.
Multilingual portal launched
www.investyakutia.comcontaining the investment map of the republic, which is recognized as the best in the country.

In addition, a regulatory framework for regulating investment activities is being formed. A number of laws on investment activity have already been passed concerning the participation of the republic in infrastructure projects of PPP.

In the region, a draft law on regional investment projects has been developed, which will make it possible to set a preferential income tax rate depending on the type and cost of the project.

In order to reduce administrative barriers, the government of the republic approved the regulation of the state service for supporting investment projects on the principle of "one window". Today this service is jointly implemented by the Multifunctional Center for the Provision of State and Municipal Services of Yakutia and the Investment Development Agency of the republic.

According to the Minister of Economy of the Republic Valery Maximov, in all 15 areas of the Standard of the activities of the executive authorities to ensure a favorable investment climate, the Ministry of Regional Development of Russia received a positive assessment.

The oncoming movement has begun from the business community of the republic Thus, at the suggestion of energy consumers, representatives of the business environment were included on the Board of the State Committee on Pricing Policy - the Regional Energy Commission.

Separately, Deputy Minister of Economy Yevgeny Chekin reported on the implementation of the regulatory impact assessment institute (ODS) in the republic.

The Minister of Economy of Yakutia Valery Maksimov and General Director of OJSC “Corporation for the Development of South Yakutia” Mikhail Brok informed the meeting participants about the formation of investment sites in the republic.

The RF Ministry for the Development of the Russian Far East has selected two projects of the republic for inclusion in the list of priority development territories (TORs) of the Far Eastern region: TASED "Basalt - New Technologies" and TASED "Severny Mir". Within the framework of the first project, it is planned to scale up the production of basalt composite products operating in Yakutia to form a high-tech industry of basalt fiber and composite materials, structures and products. The cost of the project is about 5 billion rubles, of which it is planned to attract more than 2 billion rubles for the construction of infrastructure at the expense of federal funds within the framework of the DViBR program.

The main purpose of creating the TASED "Northern World" is to create economic conditions for the dynamic development of diamond cutting and jewelry production, as well as the formation of an intersectoral cluster that ensures the sustainable development of inbound and domestic tourism. The total volume of the project is 11,2 billion rubles, of which the cost of infrastructure is about 3 billion.

One of the most promising is also a project to create the Seligdar mining and chemical complex on the basis of an apatite deposit containing the largest reserves of phosphorus raw materials in the Far East. The Seligdarskoye deposit is one of the few sources of replenishing the raw material base of the country's phosphorus industry and providing the agriculture of the East of Russia with mineral fertilizers with high export potential.

Today the Ministry of Economy of the Republic is working on another potential TOSED project concerning the construction of a transport and logistics center in the village of Nizhny Bestyakh. The project is implemented within the framework of the integrated development of the transport system of the central region of Yakutia through the formation of a multimodal transport and logistics hub with a total investment of more than 61 billion rubles.

According to the results of the event, the Investment Development Agency and the Ministry of Economy of the Republic were instructed to develop recommendations regarding the existing restrictions for the implementation of investment projects related to the specifics of the country.

The heads of the State Committee of Justice, the Investment Development Agency and the Ministry of Economy were instructed to conduct an audit of all regulatory acts of the republic related to investment development issues in order to identify administrative barriers and develop proposals for their elimination.

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