The Tomsk Region will support investment projects aimed at the socio-economic development of the region

This regional law consolidates the goals and principles of the investment policy and specifies favorable conditions conducive to the development of investment activity in the region. The objectives of the investment policy include creating a favorable investment climate, increasing investment activity, increasing investment in fixed assets, ensuring sustainable socio-economic development of the region, and improving the standard of living for the population.

Among the favorable conditions conducive to investment activity, it is essential to ensure stable direct communication between investors and regional leaders, to support investment projects throughout their lifecycle, and to develop the investment infrastructure for the special economic zone (SEZ), the Tomsk Industrial Park, and the Seversk Territorial Investment Priority (TOP). The law also specifies the list of guarantees provided by the regional government to investors and defines available forms of government support.

The law establishes the basic criteria for providing government support. Investment projects seeking support shall align with the socio-economic priorities of the Tomsk Region, contribute to increasing the tax base, establish new production facilities, and create jobs. Alternatively, they can maintain the same number of jobs while ensuring a salary increase for employees.

Moreover, the law provides for the establishment of a rating system to assess the investment attractiveness of municipal entities in the Tomsk Region, with the aim of promoting increased investment activity in these entities.

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• oktober
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