Viktor Zubkov calls for foreign investments into Russia`s infrastructure
Russian Prime Minister Viktor Zubkov has urged the biggest foreign investors to invest their capitals into the development of Russia`s infrastructure. "The infrastructure is the main challenge to our economy at present, we realize this as well as the fact that it is private investors who should play first fiddle in the investment process," Zubkov said.
He spoke at a meeting of the Consultative Council for foreign investments being held in Moscow.
"Obviously, we need long-term investments, and our task is to create the necessary conditions for such investments. Such flash signals for the investors have already been made today, " Zubkov said. He explained that at issue were the so-called institutions of development that should become an important instrument of investments into the Russian economy. These are special economic zones of three types - industrial, scientific-innovation and tourist-recreational, he said. .
Zubkov drew the attention of foreign investors to the fact that these zones envisage a facilitated regime of leasing land, a special regime of a Free Customs zone and a number of taxation privileges. Concrete programs are already available, and these programs fully meet world standards. For this purpose Russia is allocating considerable budgetary funds - around 640 billion dollars, Zubkov said.
"We see great prospects for investments in the sector of innovations and investments into man. We have been creating large state corporations in scientific-sophisticated branches, including a special state corporation for nana technologies. " Zubkov said. Some of these mechanisms are already working, such as the Bank of Development and others to which we will allocate more than ten billion dollars. These structures are intended to actively help private investors to make long-term investments into the infrastructure, Zubkov said,
At present, 12 projects financed by the Investment Fund have been approved, including motorway construction in the Moscow and Krasnodar regions, St. Petersburg. Worthy plans have been made for territories in the lower reaches of the Angara River, southeast of the Chita region, Rostov-on Don, Zubkov said. These capital investments made through the institutions of development will serve as a catalyst for more energetic activities of private investors, including foreign investors. A far-sighted investor will not miss such signals, he said. The same applies to our programs of development of the Olympic city of Sochi, Siberia and Far East, Zubkov said.
"In short, we are expecting investors to energetically join our work on the development of the infrastructure and comprehensive development of regions, " Zubkov concluded.
|
