Advanced Development Territories (ADZ) "Zabaikalye" in the Trans-Baikal Territory and "Snezhinsk" in the Chelyabinsk Region will become larger due to the inclusion of new land plots. Such a resolution was approved by Prime Minister Mikhail Mishustin, according to the official website of the Cabinet of Ministers.

"The decision will help create favorable conditions for the implementation of new investment projects. In particular, a greenhouse complex will be built in the coming years in the TAD "Zabaikalye", as well as an enterprise for growing grain crops - wheat, rapeseed and flax. This will attract at least 4 billion rubles of private investment into the region and create about 240 jobs," the statement says.

Five new projects are going to be launched at Snezhinsk ASEZ. These will be industrial enterprises to produce anti-corrosion and fireproof paintwork materials, ceramic tiles, recycling of polystyrene and polypropylene waste, metal coating of steel pipes and production of heat insulating casings. Expected investments in the region - almost 3 billion rubles of private investment. More than 370 new jobs are expected to be created.

An ASEZ is a special tool for the development of territories designed to stimulate priority sectors of the economy and attract new investors, thereby contributing to the prosperity of regional residents. ASEZ residents enjoy a wide range of benefits and preferences, including reduced tax and insurance rates and a free customs zone procedure.

Made in Russia // Made in Russia

Author: Karina Kamalova