Special Economic Zones In Russia
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Special Economic Zones In Russia
The Special Economic Zones in Russia are established by the Russian government to attract foreign direct investment. The privileges of special economic zones last for 49 years, and offer their residents a special legal status resulting in a number of tax and customs preferences. Russia has eighteen federal special economic zones (SEZs) and several regional projects. Federal SEZs in Russia are regulated by Federal Law ''# 116 FZ'' issued on July 22, 2005. There are MNCs among investors to Russia's SEZ, such as Yokohama, Cisco, Isuzu, Air Liquide, Bekaert, Rockwool and many others. History Federal Law ''# 116 FZ'' was issued on July 22, 2005 to regulate SEZs. Open joint-stock company OSJC "Special Economic Zones" was founded in 2006 to accumulate and implement world's best practices in developing and managing SEZ and promote Foreign direct investment (FDI) in the Russian economy. It is fully owned and funded by the Russian state. It managed fifteen to-be federal SEZs. As of ...
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Foreign Direct Investment
A foreign direct investment (FDI) is an investment in the form of a controlling ownership in a business in one country by an entity based in another country. It is thus distinguished from a foreign portfolio investment by a notion of direct control. The origin of the investment does not impact the definition, as an FDI: the investment may be made either "inorganically" by buying a company in the target country or "organically" by expanding the operations of an existing business in that country. Definitions Broadly, foreign direct investment includes "mergers and acquisitions, building new facilities, reinvesting profits earned from overseas operations, and intra company loans". In a narrow sense, foreign direct investment refers just to building new facility, and a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. FDI is the sum of equity capital, long-term capital, and short-term capital ...
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Kemerovo
Kemerovo ( rus, Ке́мерово, p=ˈkʲemʲɪrəvə) is an industrial city and the administrative center of Kemerovo Oblast, Russia, located at the confluence of the Iskitimka and Tom Rivers, in the major coal mining region of the Kuznetsk Basin. Population: The city was known as ''Shcheglovsk'' until March 27, 1932. History Kemerovo is an amalgamation of, and successor to, several older Russian settlements. A waypoint named Verkhotomsky ''ostrog'' was established nearby in 1657 on a road from Tomsk to Kuznetsk fortress. In 1701, the settlement of Shcheglovsk was founded on the left bank of the Tom; soon it became a village. By 1859, seven villages existed where modern Kemerovo is now: Shcheglovka (or Ust-Iskitimskoye), Kemerovo (named in 1734), Yevseyevo, Krasny Yar, Kur-Iskitim (Pleshki), Davydovo (Ishanovo), and Borovaya. In 1721, coal was discovered in the area. The first coal mines were established in 1907, later a chemical plant was established in 1916. By 1917, the po ...
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Zelenograd
Zelenograd ( rus, Зеленогра́д, p=zʲɪlʲɪnɐˈgrat, lit. ''green city'') is a city and administrative okrug of Moscow, Russia. The city of Zelenograd and the territory under its jurisdiction form the Zelenogradsky Administrative Okrug (ZelAO), an exclave located within Moscow Oblast north-west of central Moscow along the Leningradskoye Shosse highway. Zelenograd is the smallest administrative okrug of Moscow by area, one from bottom by population, and the largest Moscow exclave by area and population within Moscow Oblast. The city of Zelenograd, if it were a separate settlement, would be 5th largest city in Moscow Oblast and one of the 100 largest cities of Russia. Before the expansion of the territory of Moscow in 2012, Zelenograd occupied the second place among the administrative districts of Moscow, second only to the Eastern administrative district in terms of the share of greenery in the total area (~ 30%). Zelenograd was founded in 1958 as a new town in the ...
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Tomsk
Tomsk ( rus, Томск, p=tomsk, sty, Түң-тора) is a city and the administrative center of Tomsk Oblast in Russia, located on the Tom River. Population: Founded in 1604, Tomsk is one of the oldest cities in Siberia. The city is a notable educational and scientific center with six state universities consisting of over 100,000 students, including Tomsk State University, the oldest university in Siberia. History Tomsk originated with a decree by Tsar Boris Godunov in 1604 after , the Tatar duke of , asked for the Tsar's protection against Kirghiz bandits. The Tsar sent 200 Cossacks under the command of and Gavriil Ivanovich Pisemsky to construct a fortress on the bank of the Tom River, overlooking what would become the city of Tomsk. Toian ceded the land for the fortress to the Tsar.
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Innopolis
Innopolis (russian: Иннопо́лис; tt-Cyrl, Иннополис, translit=İnnopolis) is an urban settlement in Verkhneuslonsky District of the Republic of Tatarstan, Russia, a satellite of Kazan, the capital of the republic. Innopolis was established on December 24, 2012Resolution #2622-IV-GS as a technology park ("IT Village"). The change of the status from village to urban was granted to it on December 16, 2014.Law #115-ZRT Within the framework of administrative divisions, the town of Innopolis is subordinated to Verkhneuslonsky District Verkhneuslonsky District (russian: Верхнеусло́нский райо́н; tt-Cyrl, Югары Ослан районы) is a territorial administrative unit and municipality of the Republic of Tatarstan within the Russia, Russian Federation ....Order #01-02/9 As a municipal division, Innopolis is incorporated within Verkhneuslonsky Municipal District as Innopolis Urban Settlement.Law #19-ZRT References Notes ...
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Innopolis Special Economic Zone
SEZ “Innopolis” (russian: Иннополис) is a high tech innovation hub located in the city of Innopolis in the Republic of Tatarstan. The Innopolis zone also bears the designation of a special economic zone (SEZ). On November 1, 2012 the Government of the Russian Federation issued a decree creating special territories to attract investment and develop the IT-industry in the region. A special economic zone provides its residents and partners with tax and customs benefits, insurance premiums, rental incentives and a number of other preferences. The SEZ is located in the Verkhneuslonsky and Laishevsky municipal districts and occupies a total area of 311 hectares. As of 2020, 109 companies were residents of the Innopolis SEZ, with 26 of them participating as partners, and another 50 as startups. These companies have provided jobs for 3.8 thousand people and invested about 27 billion rubles into the economy of Tatarstan. History Special Economic Zones in the Russian Fed ...
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Dubna
Dubna ( rus, Дубна́, p=dʊbˈna) is a town in Moscow Oblast, Russia. It has a status of ''naukograd'' (i.e. town of science), being home to the Joint Institute for Nuclear Research, an international nuclear physics research center and one of the largest scientific foundations in the country. It is also home to MKB Raduga, a defense aerospace company specializing in design and production of missile systems, as well as to the Russia's largest satellite communications center owned by Russian Satellite Communications Company. The modern town was developed in the middle of the 20th century and town status was granted to it in 1956. Population: Geography The town is above sea level, situated approximately north of Moscow, on the Volga River, just downstream from the Ivankovo Reservoir. The reservoir is formed by a hydroelectric dam across the Volga situated within the town borders. The town lies on both banks of the Volga. The western boundary of the town is defined by the M ...
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Volgograd
Volgograd ( rus, Волгогра́д, a=ru-Volgograd.ogg, p=vəɫɡɐˈɡrat), geographical renaming, formerly Tsaritsyn (russian: Цари́цын, Tsarítsyn, label=none; ) (1589–1925), and Stalingrad (russian: Сталингра́д, Stalingrád, label=none; ) (1925–1961), is the largest city and the administrative centre of Volgograd Oblast, Russia. The city lies on the western bank of the Volga, covering an area of , with a population of slightly over 1 million residents. Volgograd is the List of cities and towns in Russia by population, sixteenth-largest city by population size in Russia, the second-largest city of the Southern Federal District, and the Volga#Biggest cities on the shores of the Volga, fourth-largest city on the Volga. The city was founded as the fortress of ''Tsaritsyn'' in 1589. By the nineteenth century, Tsaritsyn had become an important river-port and commercial centre, leading to its population to grow rapidly. In November 1917, at the start of th ...
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Tolyatti
Tolyatti ( rus, Толья́тти, p=tɐlʲˈjætʲ(ː)ɪ), also known as Togliatti, formerly known as Stavropol (1737–1964), is a types of inhabited localities in Russia, city in Samara Oblast, Russia. It is the largest city in Russia which does not serve as the administrative center of a federal subjects of Russia, federal subject, or to be one's largest city. Population: The city is best known as the home of Russia's largest car manufacturer AvtoVAZ (Lada), where it was renamed after Italian communist politician Palmiro Togliatti in 1964. History Tolyatti was founded in 1737 as a fortress called Stavropol () by the Russian statesman Vasily Tatishchev. Informally it was often referred as Stavropol-on-Volga (, ''Stavropol-na-Volge'') to distinguish from Stavropol, a larger city in southwest Russia, although Stavropol-on-Volga was never its official name. The construction of the Zhiguli Hydroelectric Station, Kuybyshev Dam and Hydroelectric Station on the Volga River in the 19 ...
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Zavidovo
Zavidovo (russian: Зави́дово) is a village ('' selo'') in Konakovsky District of Tver Oblast, Russia. It is used as an official residence place for the President of Russia. During the Soviet era it was described as the "Politburo hunting preserve" and the "Soviet equivalent of Camp David". Henry Kissinger visited in May 1973 and was informed that it was a great honour to be invited there, being only the third foreigner (after President Tito of Yugoslavia and President Urho Kekkonen of Finland) to be invited. Country retreats of the President of Russia *Novo-Ogaryovo *Bocharov Ruchey Bocharov Ruchey (russian: Бочаров Ручей) is the summer residence of the President of Russia. It is located in the Tsentralny City District of Sochi, Russia. The Bocharov Ruchey residence was commissioned by the People's Commissar f ... References External linksOfficial Site Rural localities in Tver Oblast Official residences in Russia Populated places established ...
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Titanium Valley
Titanium Valley is a planned special economic zone in Sverdlovsk Oblast in the Urals Federal District of Russia, which will focus on creating titanium products for the aircraft, automotive, shipbuilding and medical industries. It will be created around the world's largest titanium producer, VSMPO-Avisma. The Russian government plans to invest at least 40 billion rubles ($1.29 billion) for the project. The purpose of the special economic zone, to be located in the city of Verkhnyaya Salda, is to give enterprises the opportunity to develop and produce value added products in the region and bring international partners to the zone. A total of 20 companies will participate in the project, and it is expected to create 20,000 jobs in the city. The participating companies include VSMPO-Avisma, Arvi, SR Systematics, , and United Aircraft Corporation. Companies operating in the zone will enjoy preferential tax treatment, and Governor of Sverdlovsk Oblast Aleksandr Misharin has stated that ...
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Pskov
Pskov ( rus, Псков, a=pskov-ru.ogg, p=pskof; see also names in other languages) is a city in northwestern Russia and the administrative center of Pskov Oblast, located about east of the Estonian border, on the Velikaya River. Population: Pskov is one of the oldest cities in Russia. It served as the capital of the Pskov Republic and was a trading post of the Hanseatic League before it came under the control of the Grand Duchy of Moscow. History Early history Pskov is one of the oldest cities in Russia. The name of the city, originally Pleskov (historic Russian spelling , ''Plěskov''), may be loosely translated as "he townof purling waters". It was historically known in English as Plescow. Its earliest mention comes in 903, which records that Igor of Kiev married a local lady, Olga (later Saint Olga of Kiev). Pskovians sometimes take this year as the city's foundation date, and in 2003 a great jubilee took place to celebrate Pskov's 1,100th anniversary. The f ...
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