Presidential Envoy Talks About Billion Investments in the Russian Far East
According to Yuri Trutnev, Vice-Prime Minister and Presidential Envoy in the Russian Far East, thanks to various state mechanisms for business support the region attracted $25 billion of investments for last two years.
During his trip to Vietnam Prime Minister Trutnev reminded that a number of special economic zones (Territories of Advanced Development) with attractive tax incentives had been developed in the region.The Vice-Prime Minister also pointed out that energy rates had been recently decreased in the Russian Far East and there are additional incentives for investments of not less than 50 million rubles for 3 years. According to the state official the Ministry of Finance is considering a bill about tax deductions for investors involved in construction and development of infrastructure. The mechanism can be launched in 2017.