5 April 2024

The Yenisei Siberia Development Corporation and the Norilsk City Administration signed an agreement on cooperation on the implementation of the municipal investment standard

An agreement was signed between the Yenisei Siberia Development Corporation and the Norilsk City Administration. The purpose of the agreement is to create favorable conditions for the development of investment activities carried out in the form of capital investments, as well as the formation of a unified approach to the support of investment projects, taking into account the introduction of the municipal investment standard in the Krasnoyarsk Territory.

Currently, 23 companies are implementing their projects in the territory of Norilsk with the status of residents of the Arctic zone. These are projects in the field of tourism and hospitality, production of building materials, food production and others. The functions of the management company for working with residents of the Arctic zone in the Krasnoyarsk Territory are performed by the Yenisei Siberia Development Corporation.

The Corporation is also actively working to attract investors to this territory. A number of investment proposals have been developed, the implementation of which is possible on the territory of Norilsk. Among such investment proposals is the creation of enterprises for the production of sulfur bitumen, dry building mixes, facade decor, insulation materials, paint and varnish materials, plastic pipes and others.

The head of the city of Norilsk Dmitry Karasev: “Norilsk is located on the territory of the Arctic zone of the Russian Federation and is classified as an area of the Far North of the country. The emergence of the city is directly related to the extraction and processing of minerals in the region. In this regard, the city’s economy has a single-industry character. The main investment projects being implemented are related to the extraction and processing of metal ores: these are traditionally projects of Norilsk Nickel and a new participant, Russian Platinum. At the same time, the priority for the city is certainly the quality of life of citizens. The implementation of investment projects in the fields of trade, services, and tourism allows not only to attract additional funds to the city’s economy, but also to create a comfortable environment for residents, new jobs, thanks to which residents of the city get the opportunity for self-realization.”

The head of Norilsk also stressed that the agreement between the Yenisei Siberia Development Corporation and the city administration is a step towards creating a solid foundation for attracting capital and new technologies, which in turn will contribute to economic growth, improve the quality of life of citizens and strengthen social infrastructure.

The head of the city of Norilsk Dmitry Karasev: “As part of the implementation of the investment standard, a municipal management team has already been established and operates in the city with the participation of representatives of resource supply organizations, which, among other things, facilitates the implementation of investment projects, puts forward and supports initiatives in the field of investment activities. We are confident that the joint efforts of the Norilsk City Administration and the Yenisei Siberia Development Corporation will lead to a significant improvement in the investment climate in Norilsk, which will make our city even more attractive to Russian and, possibly, international investors.”

Recall that in 2023, five main elements of the regional investment standard were introduced in the Krasnoyarsk Territory: a specialized organization for working with investors, the Yenisei Siberia Development Corporation, works in the region, where investors are accompanied at every stage; an Investment declaration has been developed that contains a strategy for the development of the region; an Investment portal has been opened with information on the territorial planning of the region, the resource base infrastructure, support measures and tariffs; a set of investment rules of the region has been developed – a set of specific optimized procedures governing the receipt of a number of services by an investor; an Investment Committee is in operation under the chairmanship of the Governor of the region, where controversial issues are promptly resolved.