Production of Inert Materials for Road Construction will increase in Yakutia thanks to Government Support Measures

The Far East and Arctic Development Corporation (FEDC), Specialized Developer “River Port “Yakutsk” LLC and the Government of the Republic of Sakha (Yakutia) signed a cooperation agreement during the Eastern Economic Forum 2024. The document was signed by the Minister of Economy of the Republic of Sakha (Yakutia) Petr Popov, Managing Director of the Investment Department of FEDC Andrey Sharafutdinov and General Director of Specialized Developer River Port “Yakutsk” Alexey Tarasov. Andrey Sharafutdinov, Managing Director of the Investment Department of the FEDC: "The company "River Port Yakutsk" intends to invest 350 million rubles in the implementation of the project, create 55 jobs. The corporation provides the enterprise with comprehensive support: a land plot has been selected, work is underway to determine the capacities and connection points of the engineering infrastructure, and documents are being prepared for the enterprise to obtain the status of a resident of the Priority Development Area "Yakutia". After receiving the resident status, the company will have access to tax benefits and administrative preferences, as well as the possibility of providing land plots at a preferential rental rate with the infrastructure necessary for the implementation of projects. For the region, the importance of the production of inert materials for road construction - crushed stone, screenings, asphalt, and others - is noticeably increasing due to a significant increase in construction volumes."

The Far East and Arctic Development Corporation (FEDC), Specialized Developer “River Port “Yakutsk” LLC and the Government of the Republic of Sakha (Yakutia) signed a cooperation agreement during the Eastern Economic Forum 2024. The document was signed by the Minister of Economy of the Republic of Sakha (Yakutia) Petr Popov, Managing Director of the Investment Department of FEDC Andrey Sharafutdinov and General Director of Specialized Developer River Port “Yakutsk” Alexey Tarasov.

Andrey Sharafutdinov, Managing Director of the Investment Department of the FEDC: "The company "River Port Yakutsk" intends to invest 350 million rubles in the implementation of the project, create 55 jobs. The corporation provides the enterprise with comprehensive support: a land plot has been selected, work is underway to determine the capacities and connection points of the engineering infrastructure, and documents are being prepared for the enterprise to obtain the status of a resident of the Priority Development Area "Yakutia". After receiving the resident status, the company will have access to tax benefits and administrative preferences, as well as the possibility of providing land plots at a preferential rental rate with the infrastructure necessary for the implementation of projects. For the region, the importance of the production of inert materials for road construction - crushed stone, screenings, asphalt, and others - is noticeably increasing due to a significant increase in construction volumes."

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