A new Prospective Development Plan for the “South Yakutia” ASEZ has been approved

At a meeting of the Supervisory Board, a new Long-Term Development Plan for the “South Yakutia” ASEZ was approved. The decision was made after reviewing an updated version of the document, considering changes to the investment structure and the list of resident projects.

"We must rely on actual data and see how development conditions are changing. The quality of future work and project planning depends on this," noted Yakutia Head Aisen Nikolaev.

The plan needed to be updated to reflect the actual development dynamics of the priority development area. The revision was made in accordance with the established procedure for developing long-term ASEZ development plans.

"In the “South Yakutia” ASEZ, 20 residents are implementing projects under agreements with the Far East and Arctic Development Corporation (FEDC), with a total investment of 125 billion rubles. These businesses are creating 10,200 jobs. With the support of the Ministry for the Development of the Russian Far East, the FEDC, and the Government of Yakutia, investors have access to the tax breaks and administrative preferences necessary for the successful implementation of their projects," Dmitry Borisov, Director of the FEDC “Yakutia”, reported during the Supervisory Board meeting.

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