Brooklyn Nets deny media buzz that Prokhorov plans to sell controlling stakeSport July 28, 16:10
Russia begins work on deep-water robot to reach Mariana Trench’s floorScience & Space July 28, 15:55
Experts: alternative energy may be used widely in the ArcticBusiness & Economy July 28, 15:50
Trials of second Yasen-class nuclear-powered submarine begin in RussiaMilitary & Defense July 28, 15:39
Aircraft carriers, amphibious ships, and GEVs key to Russian Navy’s futureMilitary & Defense July 28, 15:23
Blackout on Russian mainland leaves Crimea in the darkBusiness & Economy July 28, 15:22
Restrictions on number of US diplomats in Russia to take effect September 1 — diplomatRussian Politics & Diplomacy July 28, 15:21
Poll reveals Russians enjoy Aivazovsky’s paintings more than other artists’ worksSociety & Culture July 28, 14:49
US ambassador expresses strong disappointment with Russian Foreign Ministry’s decisionWorld July 28, 14:42
The new laws contain refined criteria, upon which participants in the SEZ are to be selected, and enhance the preferences in business operations and in customs formalities. The authors of the revised legislation believe this will help bring private investors in the Magadan region’s manufacturing and mineral-resource producing industries.
The SEZ was set up in the region in 1999.
Special Economic Zones began to develop in Russia as of 2005 under the guidance of the company ROSOEZ. They have brought together 400 investors from about 30 countries.
Russia has six SEZes of the manufacturing type that are located in large regions close to the places where natural resources are produced, five zones of the technological type located in large centers for research and education for stimulating innovative businesses there, four zones of the tourist type embracing the popular tourist destinations where the conditions are conducive to the development of recreational business, and two zones of the logistical type near the major transportation routes that help control supply chains.