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Presidential Aide, State Council Secretary Igor Levitin and Chair of the State Council Commission, Governor of the Sakhalin Region Valery Limarenko held a regular meeting of the State Council Commission on Investment, via videoconference.
The meeting concerned boosting investment activity in the regions. It was attended by Deputy Minister of Economic Development Murat Kerefov, General Director of the Russia the Land of Opportunity autonomous non-profit organisation Alexei Komissarov, representatives of federal and regional executive bodies and experts.
In his opening remarks, Igor Levitin noted that improving the mechanisms for working with investors in the regions, accumulating and extending the most effective regional practices are the key factors helping to boost investment in new production facilities and business growth.
Members of the State Council Commission reviewed the best practices currently implemented by the regions to support investors, including as part of the regional investment standard and the End-to-End Investment Flow project launched in 2022 by the Ministry of Economic Development and Rosatom in several regions.
Deputy Minister of Economic Development Murat Kerefov reporting on the progress of work to prepare a report for the State Council meeting. The document will, first of all, feature an analysis of the current state of investment activity and the impact of the support system for businesses introduced by the State Council in 2012. Another important aspect is adapting the existing instruments to the new reality, improving the measures of support and outlining the further logic of development until 2030.
As concerns initiatives from business representatives, there is a request for lowering regulatory barriers, system-wide analysis of regional legislation governing investment activity and developing stimuli for increasing investment in R&D, information technology and the security infrastructure.
Proposals submitted following the discussion will be reviewed by the Commission to create an investment development strategy of the Russian Federation until 2030 and will also be taken into account by the federal and regional executive bodies responsible for investment projects.
May 17, 2023