Zavolzhye Industrial Zone and Ulyanovsk Port Special Economic Zone Are Among Leaders of Investment Attractiveness Rating

These production sites of the Ulyanovsk region received the highest AA class of investment attractiveness according to a study carried out by the Expert Analytical Center in 2019.


“Today, industrial parks are the most important tool for investment, social and economic development of regions. We are creating such sites both in Ulyanovsk and Dimitrovgrad and in the municipalities of the region. Four hundred and sixty-one million rubles from the regional budget will be used to build industrial parks in 2021,” - said Governor Sergey Morozov.

In total, the rating includes 120 industrial sites. Industrial zone "Zavolzhye" took the eleventh place, while PSEZ "Ulyanovsk" received the fifteenth. It was included in the top class for the first time. The rating analyzed such indicators as location of the site (in the region), accessibility of resources and their cost, the quality of work with residents and the range of provided services, tax and customs benefits provided to investors.

According to Sergey Vasin, Director General of the Ulyanovsk Region Development Corporation, growth of industrial parks has increased the number of prepared sites. Now, special attention should be paid to the quality of work between investors and teams that accompany them. These are either industrial park management companies or development agencies and corporations. The most important aspects here include the speed of response to requests, high-quality review of the required information, readiness to provide services and compliance with the entire range of companies' requests when choosing a site and analyzing the region. From providing all the necessary information about geology, geodesy and various support measures to helping to form a pool of suppliers who can provide components and raw materials for the production.

“Speaking of Zavolzhye park, all standards were set based on the requirements of large international companies such as Bridgestone, DMG MORI, Mars. There is all necessary infrastructure: the railway, top-class roads. There is a development corporation that carries out all initial interactions with investors when they come to the region and start working at the site; there is an industrial park management company that provides services to engineering networks and, if necessary, residents if they do not have their own maintenance functions. The management company is ready to help with any types of activities - from IT support to maintenance of production equipment. Even if the park has a remote connection point, we cover all costs to bringing the investor to the receiving device. In addition, we assist with finding qualified personnel,” - explained Sergey Vasin.

Currently, 35 investment projects are being implemented in Zavolzhye industrial park. Investment totaled more than 44 billion rubles; over 3.5 thousand new jobs were created for residents of the region. According to experts of the Development Corporation, the park has proved its effectiveness. One ruble from public funds has already brought about 17 rubles in the form of tax payments to the regional budget and 25 rubles of residents' investments, and this has far exceeded the state funds invested in the park's infrastructure. There are facilities of Bridgestone, DMG MORI, Joyson Safety Systems, Schaeffler, Jokey Plastik, Legrand, Nemak, MARS, AB InBev Efes, a nanotechnology center (Ulnanotech).

The special economic zone is another successful venue to place new industries, as well as to develop freight logistics and international trade. The duty-free zone regime helps to increase the export of products made in the Ulyanovsk region. All necessary customs infrastructure has been completed in the Port Special Economic Zone this year, so the site is ready to provide residents with export-import assistance services now. A new building of the industrial park "Platforma" was also commissioned.

“According to the Ministry of Economic Development of the Russian Federation, efficiency of the economic zone in Ulyanovsk reached 97% at the end of 2019. Currently, about 700 new jobs have been created in PSEZ. Investments, including capital ones, provided by residents working in the zone since the beginning of its establishment amounted to 2.6 billion rubles,” - said Oleg Barabanov, Director General of PSEZ "Ulyanovsk".