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what is the main advantage of the Orenburg region for investors?

Ignat cocks: First of all, this cross-border location, we have the longest border with Kazakhstan. And many Russian companies see this as a unique opportunity to enter the export markets, including Central Asia. Special economic zone in the Sol ‘ -Iletsk will specialize in processing export and import flows that bind Russia and Kazakhstan. Sol-Iletsk is a special transport hub, through which for centuries the silk road passed. Today this city has to accumulate resources, which are at the border territories.

Orsk is an industrial center of the region. Traditionally the competence of people who know how to create in demand products – from consumer goods to military orders.

What the anchor company may be based in a new economic zone?

Ignat cocks: In Sol ‘ -Iletsk to form a cluster of the manufacturing industry. It is consumer goods, processing of agricultural products. Our goal all imported products from Kazakhstan to the territory of Russia to leave in Sol-Iletsk, process, pack and then distribute in Russia.

with regard to Orsk, where the task is interesting and complicated. We plan to create an industrial center in the East region, to start businesses that will work all over the country, using the rich resources of the Orenburg region, processing them and supplying for steel, chemical, manufacturing and heavy engineering.

first and foremost, we think of local businesses that plan to expand their production capacity. For them this is a unique opportunity to preferences and make your business more profitable. The second largest group is the Russian company, currently looking for a place where they could localize production.

What preferences expected of residents?

Ignat cocks: Is a zero tax rate on profit, property and transport tax. It extends for 49 years, since the establishment of the special economic zone. Another important difference from the existing territories of priority socio-economic development is the reduction of tax duties on imported of-for borders the goods, raw materials and equipment to zero.

what is the importance of establishing a special economic zone for the region?

Ignat cocks: it is another development institution that will create high-performance workplaces, to attract more investment and open modern enterprise. This is a new growth point for the entire Orenburg region. In rethe region has already created the two territories of advancing socio-economic development, and we must continue to scale those best practices, which today is in Russia. The first special economic zones in our country appeared in 2007. Unfortunately, on the territory of the Orenburg region, they have not yet been. Therefore, the key task is not just to create a platform, but to make it truly attractive for investors, so she has become such a magnet of attraction.

What is the application of the Orenburg region on the establishment of the special economic zone and as he worked on her?

Ignat cocks: Is the result of six months of work of a large cohesive team. To imagine it, I will say that the application is located on 1725 pages. We delved into this work, and laid out on shelves, why Orenburg oblast attractive for investors. In addition to the descriptive part it includes a list of potential residents and agreements with them, including all calculations in terms of investment, tax deductions and preferences. We have studied in detail every object and its infrastructure, the application includes urban planning and land documents.

What economic benefits the region expects from the creation of a special economic zone?

Ignat cocks: By 2030, we need to open more than 15 of really working companies that will work not only on Russian but also on world market. It will create over two thousand new jobs. For them we will create the necessary infrastructure. We understand that the special economic zones in Russia is now quite a lot and we have something to stand out. World-class infrastructure that will be established here, it is our main priority.

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Jennifer Alvarez is an investigative journalist and is a correspondent for European Union. She is based in Zurich in Switzerland and her field of work include covering human rights violations which take place in the various countries in and outside Europe. She also reports about the political situation in European Union. She has worked with some reputed companies in Europe and is currently contributing to USA News as a freelance journalist. As someone who has a Masters’ degree in Human Rights she also delivers lectures on Intercultural Management to students of Human Rights. She is also an authority on the Arab world politics and their diversity.