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MIL OSI Translation. Region: Russian Federation –

First Deputy Prime Minister Andrei Belousov held a meeting on the structure of the set of investment rules.

This work is being carried out within the framework of the instructions of the President of Russia following the results of SPIEF-2021. The government was instructed to create a support system for new investment projects and ensure its implementation by 2024 in all constituent entities of Russia, primarily in regions where investment attraction is at a low level.

As noted at the meeting, in 2021 a set of investment rules should be presented with a description of specific step-by-step algorithms for solving typical investor tasks. These include connecting to infrastructure, receiving benefits and financial support, and recruiting personnel.

As Andrei Belousov noted during the meeting, the proposals of the Ministry of Economic Development on the structure of the set of investment rules were unanimously supported.

According to First Deputy Minister of Economic Development Andrei Ivanov, work on the set of investment rules will be carried out by working groups formed under the leadership of relevant departments. “The purpose of the document is to form an optimal algorithm for the actions of an investor planning to implement an investment project in Russia, from the inception of an idea to its implementation,” noted Andrei Ivanov.

“Our main task with colleagues from other pilot regions is to create a single understandable algorithm for investors. And the set of investment rules is just the tool that will contribute to this. It is important that it will bring together the best practices of the country and will be relevant for each region. This means that investors will have a clear understanding of where and how they can implement their projects, ”said the head of the Sakhalin Region Valery Limarenko.

“Creation of a set of investment rules is, in fact, a very understandable, step-by-step, detailed“ road map ”for an investor. We are actively involved in the work initiated by the Ministry of Economic Development of Russia. It is important that at every stage of the implementation of his project, the one who invests in the region clearly understands who and in what time frame decides on specific issues related to the implementation of his business plan, ”said Acting Head of the Republic of Mordovia Artyom Zdunov.

The event was also attended by representatives of the Ministry of Energy, the Ministry of Transport, the Ministry of Construction, the Moscow government, representatives of the Novgorod, Sakhalin, Nizhny Novgorod, Chelyabinsk, Voronezh, Moscow, Tula regions, the Trans-Baikal Territory, the republics of Tatarstan and Mordovia.

EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.

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