Bashkortostan Development Corporation has submitted proposals for amendments to the Federal Law to the State Duma

20.04.2022
Nail Gabbasov, General Director of the Development Corporation of the Republic of Bashkortostan, took part in a meeting of the Expert Council on the Development of Special Economic Zones under the State Duma Committee on Economic Policy. During the meeting, the participants reviewed the draft amendments to the Federal Law on "Special Economic Zones in the Russian Federation".

According to the project, the process of obtaining resident status will be accelerated, and the approval procedure will become easier. When applying for resident status, companies will have the opportunity to replace the business plan with an investment project passport. The bill also provides for the unification of industrial-production and technical-implementation types of SEZs and the expansion of the list of permitted activities.

- The submitted project has been carefully reviewed by us, and we support the changes being made, as they will reduce the administrative burden, simplify the processes of creating SEZs and the timing for investors to obtain the status of residents of special economic zones. In addition, these changes will allow the management companies of preferential zones to attract investors to the regions more quickly and efficiently," said Nail Gabbasov, Director General of the Development Corporation of the Republic of Bashkortostan.

During the discussion of the draft law, in addition to the changes being made, the head of the Development Corporation submitted innovations to the Ministry of Economic Development of Russia and the expert community, including the development of a simplified application procedure for providing documentation for the expansion of the SEZ territory, expanding the concept of logistics activities, subsidizing operating costs for the maintenance of infrastructure facilities of the special economic zone to the onset of the payback period of the project, as well as the introduction of additions to the standard form of residency agreements, etc.

- The developed proposals are aimed at further improving the efficiency of the special economic zones and attracting investors to the economy of the regions, - Nail Gabbasov noted.

For reference:

The Special economic zone of industrial and production type "Alga", the management company of which is JSC "Development Corporation of the Republic of Bashkortostan", was established in the territories of the Ishimbay and Sterlitamak districts of the republic. This is one of the most successful economic projects of the republic. The preferential zone is located on four separate sites, which allows for the placement of enterprises according to the cluster type. To date, residents of the special economic zone "Alga" are 10 companies with a total declared investment volume of over 23 billion rubles and the creation of about 1,700 new jobs.