Investment

APPROVED

Decree of the Ulyanovsk Region Government

from July 1, 2013 № 428 -pr

 

INVESTMENT DECLARATION

of the Ulyanovsk region

 

1. The Government of the Ulyanovsk region recognizes the attraction of investments a major tool for the Ulyanovsk region development.

2 . For the Government of the Ulyanovsk region Russian and foreign investments are equally important.

3 . The Government of the Ulyanovsk region gives preferences to investment projects with high productivity, energy efficiency and environmental friendliness.

4 . The Government of the Ulyanovsk region can offer the most favorable in Russia conditions for investors to implement their investment projects.

5 . The Government of the Ulyanovsk region ensures that investors will be relieved of all expenses not related to the implementation of investment projects.

6. To ensure effective implementation of an investment projects the Government of the Ulyanovsk region creates a single project team from representatives of the executive authorities of the Ulyanovsk region and the investor.

7. The Government of the Ulyanovsk region strictly upholds the investor's right for free choice of contractors, suppliers and any other counterparties.

8. The Government of the Ulyanovsk region aims to ensure all necessary conditions to provide the investment projects with highly -skilled personnel.

9. The Government of the Ulyanovsk region confirms that one of its main tasks is to provide a comfortable living environment for residents and visitors of the region.

10. The Government of the Ulyanovsk region is ready to respond to new challenges and change itself to implement effective investment policy.

 

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Port Special Economic Zone (PSEZ) in the Ulyanovsk region (annex).


Today there are six residents in the PSEZ:

1. LLC "Aviation Plant "Vityaz" implements the project on production and maintenance of aircraft DHC-6 Twin Otter;

2 . LLC "Volga -Dnepr Technics Ulyanovsk" carries out maintenance and repair of wide-body and ramp aircraft;

3 . LLC "FL Technics Ulyanovsk" - maintenance and repair of single-aisle aircraft;

4 . OJSC "AAR Rus" establishes a logistics center and a western aircraft maintenance center;

5 . CJSC "Ulyanovsk Promtekh" launches production of aircraft electrical cables at the PSEZ;

6. OJSC "InterAvionika" launches production, repair and maintenance of aircraft instruments.

In August 2013 they began construction of infrastructure facilities at the special economic zone. Now they are carrying out preparation works in the branch lines areas for utilities and roads. First residents, in particular the logistics project LLC "AAR Rus", have begun construction and assembly works.

One of the major events in the development of the PSEZ project in 2013 was the signing of the RF Government Decree № 849 of September 26, 2013 to increase funding for construction of the PSEZ infrastructure to 12070.0 million rubles.