CrimeaPRESS reports:
This year, a regional investment standard is being introduced in Sevastopol. It provides for a system of support for new investment projects in the constituent entities of the Russian Federation. According to the city government, thanks to this, it is planned to attract funds to the region, as well as to standardize work with investors.
The regional investment standard is a homogeneous and understandable environment for investors. The implementation of the standard involves five main elements. The region needs to create an investment declaration, a development agency and investment committees, an investment map of the subject, implement a set of investment rules, and monitor and confirm the implementation of the investment standard. This system will simplify the path of Russian and foreign investors to the region— said Deputy Governor Maria Litovko.
Two elements of the investment standard have already been introduced in Sevastopol. The corresponding order was signed by Governor Mikhail Razvozhaev. The first element is the creation of an investment declaration. This document establishes the investment obligations of Sevastopol, consolidates the principles of interaction between the city and investors, and also indicates the main areas of investment. This means that the document will become a tool for choosing directions for investment development when launching a new investment project.
As part of the implementation of the second element, the Sevastopol Development Corporation was given the functions of a development agency. The main tasks of the organization are to attract investments to the region and support investment projects by specialists along the entire path of their implementation.
It is planned to complete the implementation of all five elements of the regional investment standard in Sevastopol by the end of June 2023.
The region is currently actively developing. The introduction of the reginveststandard will unlock the potential of the city, raise funds for new projects, shorten their launch time and increase budget revenues. Now 10 priority projects are being implemented in Sevastopol, and 66 investment projects are supported by the Development Corporation for a total planned investment of 229 billion rubles— said Maria Litovko.
The regional investment standard is being implemented in all subjects of the Russian Federation. By the end of 2022, 45 regions have already implemented the investment standard. Now this work is to be done in 44 more regions, including Sevastopol.
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