Government to support Primorye investors willing to build business parks, industrial parks and agro-parks

© RIA Novosti /Alexei DanichevMen talking business
Men talking business
The Primorye Territory’s Government is ready to support projects focused on creating up-to-date research, industrial or business sites by allocating as much as 750 million rubles from the federal and territorial budgets, Primorye Government’s press service reports.
“Investors are to get support at all stages and can compensate even their designing expenses. This will reduce the time for preparations and help to get down to project implementation earlier than before,” Primorye Minister of Economic Development Andrei Blokhin said.
The funds can be used to build office or industrial buildings, connect to power, gas and water supply, or outfit parks with equipment to be afterwards used by all residents.
To get a subsidy, an investor will have to submit documents to the Primorye Territory’s Ministry of Economic Development and qualify at the regional and federal levels. A project will have to be implemented within three years.