The most comprehensive compilation of data for all regions of Russia.
A unique 1370 page information resource with full colour charts, graphs & maps from CTEC Publishing LLC, completely revised for 2008 and available in Print, or Regional PDF files.
Regional Details -
·
Introduction by Head of Region
·
Economic Map of Region
·
General - Geography, climate, population
·
Administration Contacts
·
Economic Potential – GRP volume, industrial output, fuel and energy, transportation, main natural resources
·
Trade Opportunities – Main goods, main exports, main imports, major regional import/export agencies
·
Investment Environment – Capital investments, major enterprises, foreign investment, most attractive industry sectors, existing legislation, regional entities responsible for raising investments, regional and federal economic and social development programs
·
Regional Investment Projects

Book Additional
Appendices Articles -

·
Analysis of Tax System
·
Foreign Investment Legislation
·
Delineation of Powers
in the field of foreign trade between the Government of the Russian Federation and regional governments.



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Vladimir Kulakov,
GOVENOR OF  THE VORONEZH REGION
Voronoezh Region  £20
I Central Federal District
The Voronezh Region’s good geographical location, high level of its socioeconomic development, its political stability and highly qualified workforce place the Region among promising territories in terms of investment appeal.  The current regional legislation is efficient in protecting investor rights and investments, providing a system of tax exemptions and privileges for investors. In the recent years multiple Russian and foreign companies have deployed their facilities in the Voronezh Region, esteeming the business opportunities it offers.  As a result, capital investment growth rate doubled in the Region within the last five years, being much ahead of the average Russian figures. Over 200 investment projects have been successfully implemented in the Region.

At least 30 large-scale comprehensive investment projects can be seen
as key attractors of federal and large-scale private investment into the regional
economy. Such projects include, first of all, the construction of two units of
the Novovoronezhskaya Nuclear Power Station 2nd line. The investment into
the project is to total some $5.12 billion; the work is expected to be finished in
2012 or 2013. The Maxi Group raises considerable funds for the construction of an electrometallurgical plant in the Novousmansky District. The total investment in OAO Voronezh Aircraft Construction Company (VASO) channeled into the launch of subassembly production (to be supplied to major aircraft construction plants in Russia as well as abroad) is going to be $59 million minimum.

Agricultural production and processing remain quite attractive for investors
in the Region as well. In 2007 a full-cycle vegetable oil plant built by Bunge in the Kashirskoye District started its operation, with over $100 million invested. The Gazrezerv Moscow Concern is investing almost $230 million into the establishing of the Voronezh Agrarian Group based on agricultural enterprises of the Bobrov, Talovaya and Novokhopersk Districts.

Another active investor is the Administration of the Voronezh Region. The
most urgent project for the Region’s development is the creation of the Voronezh multimodal transportation hub. The project is in line with the strategy of transport development in the Russian Federation; its implementation will require at least $900 million and participation of large national-scale investors. The concept of the project has already been developed; it includes twelve investment sites. The Administration of the Voronezh Region understands quite well the necessity of large external investments for the development of the regional economy. Therefore, a most favorable climate for economic cooperation aimed at the upgrade of existing and construction of new facilities is forming in the region.
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