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Far East: creating a new reality - EastRussia |






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The Far East: creating a new reality

Primorsky capital - Free port of Vladivostok - for the third time it hosts the Eastern Economic Forum

This event became a kind of "starting point" for the state policy on the development of the Far East. Traditionally, promises are made here, and then they are executed and reported to investors about the next perfect steps towards liberalization of the economy of the largest macroregion.

The Far East: creating a new reality
Photo: Tass / VEF Photobank

Olga Merkulova

Managing Director EastRussia
What has changed radically in the year since the last forum? Perhaps the main thing - earned a number of mechanisms that are available and understandable to everyone. This is a “Far Eastern hectare”, which allowed anyone who wants to acquire their own piece of land in a very short time. This is a reduction in energy tariffs, which industrial consumers of five Far Eastern regions have massively felt. This is a simplified visa regime, which opened the way for citizens of 18 countries of the world to receive an entry visa to Vladivostok (and from the new year also to Sakhalin and Kamchatka) by filling out a simple online application form.

These measures are exclusive for the Far East - they were developed specifically for the region, and they work only here. At the same time, the logic in which these and other decisions were adopted has not changed for several years. First, the development of the Far East is a national priority, proclaimed at the highest level. Secondly, the region requires huge investments in infrastructure, industry and social sector, which simply can not be directly covered from the budget. This means that the way in the Far East is to create exclusive conditions that stimulate local business development and attract capital from the growing markets of neighboring countries.

With the new economic conditions, it all began two years ago, when the first Eastern Economic Forum announced the creation of competitive conditions for investment and business in the Far East. Specially for business, two economic regimes were created - the areas of advanced development and the Free Port of Vladivostok, which are very similar in essence, differing only in details. Over two years, under the "roof" of these economic regimes came more than 750 projects from a wide range of industries, large and small, Russian and foreign. By the way, at the third forum they promise to open a number of large enterprises, the introduction of which became possible due to the new economic policy in the Far East. The schedule of the entry is scheduled to 2025 year - based on the current intentions of private business in the economy should come over 2 trillion rubles.

What is more remarkable about the Eastern Economic Forum is the international agenda. And the dynamics here are also impressive. The forum again announced a plenary session with the participation of the heads of state, while they will be one more than last year. The company of leaders in Vladivostok will be joined by the president of Mongolia. An interesting detail is the figure of the moderator of the plenary session. They will not be a journalist or a public figure, but the Asian multimillionaire Ronnie Chichung Chan, chairman of Hang Lung Properties, a man who owes much to Hong Kong's development. At the level of government delegations, in addition to Japan and South Korea, China, India, and Vietnam will come to Vladivostok. Serious business missions will come from Malaysia, Indonesia, Singapore and Canada. According to the latest reports on the eve of the WEF, representatives of 57 countries, primarily from the Asia-Pacific region, will take part in the Eastern Economic Forum.

What decisions and statements should be expected at the Forum? On the eve of the event, the region was visited by Russian President Vladimir Putin (in early August, the Amur Region), and Prime Minister Dmitry Medvedev (in mid-August, the Sakhalin Region). In the transcripts of the meetings with their participation, the common thread is, on the one hand, recognition of the effectiveness of the decisions made, and on the other hand, the readiness to improve the mechanisms and strengthen the results achieved. One of the themes that sounded, for example, at a meeting with the participation of Vladimir Putin in the Amur Region, concerned the development of the social sphere in the regions of the Far East.

"We have built an enterprise and created jobs," Yury Trutnev, the presidential envoy to the Far Eastern Federal District, said in an interview the week before the forum, "Until 2025, the number of employees in newly built enterprises will exceed 100 thousand people in advance. family, it turns out 300 thousand.The question immediately arises - where will these people live? So, we need housing, kindergartens are needed, schools, hospitals. "We began to think about the integrated development of the territories."

As noted by Yuri Trutnev, these issues will be submitted to the meeting of the Presidium of the State Council, which will take place on the margins of the Eastern Economic Forum - 2017. It is very likely that it will be there that news and new solutions will be announced that will determine the paradigm of the region's development for the next few years.