The preferential treatment on the Kuril Islands of the Russian Federation (KIRF) has been expanded with a new project for the production and sale of bottled drinking water. “Kurilskiye Istochniki” (Kuril Springs), a company with the support of the Far East and Arctic Development Corporation (FEDC), will establish the new facility on Kunashir Island. Private investment totals 50 million rubles. The investor has received the right to apply tax incentives for 20 years. The company will launch its first product in 2029.
