Volga | Finance, business

Samara spends $2m to consider an SEZ

17 Oct '08
Samara regional authorities have issued a decree to earmark $2m to pay for preparation of preliminary project documents related to the creation of a special economic zone (SEZ) in the region, sources in the regional administration report.

The task to develop project documentation is planned to be given to Tolyattinsky Industrial and Technological Park. The regional ministry of economic development plans to soon sign a contract with the park.

Regional officials have been talking a lot about giving the Stavropol region the status of a special economic zone. But until now the RF Government declared a moratorium on creating such zones.

Yesterday the regional deputy minister of economic development Nataliya Evteyeva said that the moratorium would be cancelled in 2009.

Mrs Evteyeva added that all applications from the regions to participate in the federal contest on choosing the areas for establishing SEZ's could be submitted before December 15 of the current year.

Mrs Matveyeva explained that the regional ministry of economic development could not prepare the required documentation itself, that's why it had to employ a subcontractor.
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Tags: special economic zone (86) / SEZ (153) / Nataliya Evteyeva (0) /

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