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Allocution from the governor of Trans-Baikal region

gubernator
Governor of Trans-baikal region

Natalia Zhdanova

Dear friends!


In the current geopolitical situation, the economy of the Russian Federation is focused on searching for new sources of growth and development. The challenges brought by different periods in time are encouraging us to find different ways to stimulate our economy. In the current unfavorable state of external affairs, increasing the investment attractiveness of the region becomes highly important.


This issue is as important and relevant as ever for the region as it has set an ambitious goal – to create most favorable conditions for the economic breakthrough of the region and significantly improve the life quality of the  people in the region. 


Currently the focus is set purely on development of natural mineral resources- their mining and processing. 


Another primary goal set by the regional government is-systematic development of the basic sectors in the regional economy such as mining industry, agriculture, small and medium enterprises. We continue to establish and develop the mining and metallurgical cluster which will integrate the investment projects of the south –east and the north of the Transbaikal region. The gasification of the Transbaikal region has also been set as a plan. We also plan to establish transport and logistics centers, this project relies on the region’s bordering with the Asia Pacific region. These three areas would be the base for the general development combined with the institutional framework in the form of legislation.


Today the investment policy of the Transbaikal regional government is aimed at improving the business environment in the region. One of the main conditions for development is creating favorable tax conditions, providing the government support in the form of partial investment projects cost reimbursement. The region provides a tax holiday for the income tax as well as  for the excavation of the mineral resources; the property tax rate has been reduced in half.


The transbaikal region has a great potential , we are ready to implement innovative methods and technologies, realize the most daring and ambitious projects, we are  open for the constructive dialogue and  cooperation opportunities.

6 reasons to invest into Transbaikal region


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Natural resources

High natural resources potential. Rich mineral resources and strategically important mineral resources.
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Railway

"BAM" and "TRANSSIB" pass through the region. The share of GRP transport is nearly 24%.
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Border location

The region borders China and Mongolia. 9 checkpoints, Zabaikalsk is the largest checkpoint in Russia.
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Gasification of the region

The branch of the gas pipeline “The power of Siberia” "Skovorodino-Chita-Ulan-Ude". The demand is over 6 billion cubic meters per year.
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Confidence in the future

Stable investment risk value and potential. Sustainability in crisis.
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Effective management

The management quality in the Transbaikal region is higher than the national average, the region takes up the 36th place in the management risk value.

6 reasons to run a business in the Trans Baikal region


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Financial support

Clear mechanisms of obtaining business state support in the form of grants and subsidies

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Support infrastructure

Trans Baikal region has a developed infrastructure of business support, which includes more than 8 organizations providing financial and material support to business

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Privileges and preferences

Tax benefits for business
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Comfortable conditions

Project financing mechanisms, reduced the time for registration of legal entities and entrepreneurs, simplified customs procedures, and others
5p mini

Training system

Presidential and Governor's management training program for small and medium business
6p mini

Geographical position

Trans Baikal region borders Irkutsk and Amur Oblast , the Republic of Buryatia and Yakutia, as well as such countries as Mongolia and China
 
 

Natural resources

Investment map

Railway

Gasification of the region

Projects - Platforms - Objects

INVEST IN TRANS-BAIKAL REGION

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Confidence in the future

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