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Government decision to increase investment appeal of Far Eastern airports - EastRussia | Far East






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The decision of the government will increase the investment attractiveness of Far Eastern airports

The decision of the government will increase the investment attractiveness of Far Eastern airports
Dmitry Medvedev's decree on changing state regulation of prices for transport infrastructure facilities, according to which fees and tariffs for services at transport terminals, ports, and airports change, increases the investment attractiveness of airports in the Far East.

This was announced by the Minister for the Development of the Far East Alexander Galushka. According to him, the decision is primarily important for attracting investors to the projects of modernization of Far Eastern airports.
"This will allow investors to invest in the reconstruction of airports on a long-term basis, as accurately as possible to estimate the time of return of the invested funds and calculate the future income from investments." The head of the ministry also stressed that the adoption of these rules is connected with the practical interest of a number of Asian investors to Modernization of Far Eastern airports.

Recall that now fees and tariffs are set by the Federal Antimonopoly Service on a preliminary basis, and then vary depending on many factors. But after the signing of the resolution, the regulation will be established in the long-term, taking into account the investor’s need for return on investment.