On the progress of the preparation of the Chukotka Autonomous Region Development Fund for participation in the delegation of the Chukotka Autonomous Region in the Second Eastern Economic Forum, the Chukotka Economic Development

Fund at the meeting of the Government of the Chukotka Autonomous Region declared the following results:

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During the six months of the actual work of the Foundation, 14 sets of documents for the formation of applications for the implementation of activities in the advanced development area “Beringovsky” were accepted. The amount of planned investments by bids amounted to about 12 billion rubles. Applicants for PDA residents claim creation of 1,026 workplaces during the implementation of the projects. Projects are multidirectional in content and industry.

Already registered at the current date in the PDA “Beringovsky”, with the participation of the Chukotka Development Fund in the preparation of sets of applications, 7 residents for the amount of investments 611.5 million rubles. Within the framework of the projects phased creation of 95 workplaces was declared.

At the date of the II Eastern Economic Forum, with the support of the Chukotka Development Fund, 10 residents are expected to register. The amount of investments for projects planned for implementation will amount to 11.6 billion rubles. Investors will create 941 workstations within the framework of projects.

During the six months of the actual work of the Foundation, mechanisms for reducing the time frame for collecting information and searching for optimal solutions for potential investors have been worked out. Assistance is provided on a free basis for drafting business plans and consulting on the completion of applications to business representatives, investors and potential economic entities of the Chukotka Autonomous Region. An individual project implementation plan is built for each application, each project, each investor.

It is possible to recognize reduced administrative barriers. Each resident and applicant to the residents is accompanied individually.

Of course there is much more to strive for. There are questions that require a separate detailed study, incl. with customs authorities.

In general, the mechanism of TOP has shown its effectiveness in the Far East, as evidenced by the figures for the first half of 2016:

  • Received 159 official applications from investors for the implementation of investment projects in the PDA for a total investment of 507.529 billion rubles.
  • 28.5 thousand new jobs will be created.
  • There are 4 enterprises, 23 enterprises – at the stage of construction and installation work.
  • But the fact that the creation of the 13th PDA in the Far East – “Amuro-Khinganskaya” in the Jewish Autonomous Region was approved.

Among the residents of the PDA “Beringovsky” there is both a large and a small business. Therefore, the projects that will be implemented in Chukotka are different in scale and content. Among them: reconstruction of wind power stations, gold mining, construction of landfills, coal mining and export, modernization of water and power plants, fishing, warehousing and auxiliary transport, crop production, etc.

Within the framework of work with the residents of the PDA “Beringovsky” – full support is provided for the formation of applications by residents and maintenance of projects throughout their lives. All services are free of charge.

It is planned to sign an agreement with KRED on the interaction and cooperation in the field of attraction and support of residents of PDA and SPV. The signing of this agreement will provide a positive vector for the development of the region as a whole and will strengthen opportunities for potential investors through consolidated coordination on the path to the implementation of ambitious plans.

Фонд87, 26.08.2016 г