Representatives of the Yenisey Siberia Development Corporation took part in the territorial investment regime development work group

On November 21, the Ministry of Finance of Russia hosted a strategic session of the work group for territorial investment regimes and compensation of infrastructure expenses at the amount of repeatedly paid taxes, presided by the Deputy Minister of Finance of the Russian Federation Andrei Ivanov. The session was participated by representatives of the federal and regional executive authorities, state companies and business communities, as well as the Yenisey Siberia Development Corporation represented by the Head of the State Authorities Communication Department Ksenia Privezentseva.

At the meeting, the participants discussed the key aspects of compensating the expenses borne by the project delivering organizations for the infrastructure construction, including the list of the infrastructure facilities subject to such compensation and the facility value assessment procedure. The Yenisey Siberia Development Corporation introduced its suggestions into the draft of the Agreement on protection and encouragement of capital investment and development of investment activities in the Russian Federation with respect to the development of the procedure and criteria for establishment and termination of the territorial investment regime in the Yenisey Siberia regions.

Let us remind you that on December 3, the State Duma was presented the draft of the law “On protection and encouragement of capital expenses and development of investment activities in the Russian Federation”. The law implied the presence of a common and investment regimes, within which the investors will be guaranteed the unchangeability of the business regulations and legal framework, as well as compensation of the expenses borne by the project delivering organization for the arrangement of transportation, energy, housing, social and digital infrastructure required for the investment projects’ delivery.

“At the present moment, the Ministry of Finance of Russia is actively working on the development of Russia’s first investment code. The Yenisey Siberia Development Corporation expresses its gratitude to the colleagues from the Ministry of Finance for paying special attention to the tools for attracting investment into the regions, for active communication with the businesses and for taking into account the opinion of their colleagues from the executive authority bodies of the constituent entities of the Russian Federation”, remarked Ksenia Privezentseva.