Diplomat calls US’ allegations about isolation of Russia in UN 'strange'Russian Politics & Diplomacy April 28, 20:58
Experts say Russian hackers strongly demonized in USRussian Politics & Diplomacy April 28, 20:35
Ferrari drivers clock best time in Practice Two of Russia F1 GP in SochiSport April 28, 19:54
Red Bull’s advisor Marko says Kvyat to possibly remain with Toro Rosso next yearSport April 28, 19:16
Pope Francis blesses pregnant TASS correspondent en route to EgyptWorld April 28, 18:55
Russian diplomat says use of military force against North Korean unacceptable, dangerousRussian Politics & Diplomacy April 28, 18:45
UN chief calls for lowering risk of miscalculation concerning North Korea issueWorld April 28, 18:15
Moscow deeply regrets Montenegro’s decision to join NATORussian Politics & Diplomacy April 28, 18:07
Maria Sharapova reaches Porsche Grand Prix semifinalsSport April 28, 17:50
LIPETSK, September 11 (Itar-Tass) — Plans of the major Japanese producer of car tyres Yokohama Gomu to invest additionally nearly 130 million US dollars to build its factory in the Lipetsk Region “point to growing investment appeal of the region”.
This opinion was expressed to Itar-Tass by head of the regional administration Oleg Korolyov, commenting on a Sunday article in the newspaper Nikkei, the leading Japanese business newspaper.
According to the governor, the Nikkei article that Yokohama Gomu has a great interest in boosting its share in the Russian market “is not accidental”. The corner-stone-laying ceremony for a future factory to produce car tyres by the Japanese firm took place some 18 months ago. The regional administration “offered the most favoured regime to foreign investors”.
When the federal government took a decision to create here a special economic zone “Lipetsk”, “this support increased”, Korolyov noted.
In the meantime, a rush of interest in the region was registered, since apart from the federal economic zone, local authorities created several regional ones. Besides, the leadership in the Russian rating of investment appeal which was registered in the region early in 2011, according to Korolyov, “is inversely proportional to the level of corruption in the region, since where there is a high investment rating, the threshold of corruption is low”.
As a result, this “already helped to form here a portfolio of investments to a sum of over 55 billion rubles, which expressed 19 resident companies”, the head of the regional administration said. “The international component” of new production facilities includes, apart from Japanese companies, Belgian, German and Italian firms.
All in all, the “Lipetsk” special economic zone (SEZ) plans to lure 50 resident companies by 2016 with the volume of investments of over 150 billion rubles. It is expected that the above alone will help to create 14,000 new jobs at these enterprises.
Russia has 13 special economic zones, two of which are of industrial type, operating in the Lipetsk Region and Tatarstan. They grant investors tax, customs and administrative preferences, and they enjoy an easy-term regime of land tenure. Besides, investors are guaranteed from possible changes in Russian legislation on taxes and charges.