New fish processing plants to be created in Kamchatka due to expansion of TAD

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Monday, 25 January 2021 11:42

RUSSIAN FEDERATION: New factories for processing pollock

and other species of bottom food fish will be created in the west of Kamchatka due to the expansion of the boundaries of the territory of advanced development of the same name (TAD*). It is planned that after the implementation of the investment project, about 800 jobs will be created in the region, the press service of the regional government said.

 “The investor plans to implement a project for the construction and modernization of factories for processing pollock and other fish species of high capacity in the Sobolevsky and Ust-Bolsheretsky districts. The project is expected to create 800 new jobs. For ten years of implementation of the investment project, tax deductions will exceed 9 billion rubles ", - quotes the press service of the Acting Minister of Investment, Industry and Entrepreneurship Yana Ryzhkova.

On January 16, Russian Prime Minister Mikhail Mishustin signed a decree on expanding the border of the advanced development territory "Kamchatka" to launch new investment projects.

In the Far East, there are special regimes for investors - priority development territories, the Free Port of Vladivostok (FPV), which allow them to receive tax benefits, go through administrative procedures in a simplified manner, and enjoy other preferences. Earlier, Yuri Trutnev, Deputy Prime Minister and Plenipotentiary of the President of the Russian Federation in the Far Eastern Federal District, noted the positive dynamics of attracting investment to the Far Eastern ASEZ. According to the regional government, in Kamchatka, more than a hundred organizations are residents of the ASEZ.

(*)TADs are the economic zones created in accordance with the Federal Law of December 29, 2014, No. 473-FL «On the Territories of Advanced Social and Economic Development in the Russian Federation» in which residents enjoy significant tax privileges.


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