

17.07.2024
Legal entities and individuals can now list their properties for rent or sale on Russia's investment map.
This was announced by the Deputy Minister of Economic Development of the Russian Federation, Murat Kerefov, during the session "Development of Southern Russia: Investment in Quality," held as part of the Caucasus Investment Forum.
"Today, the map allows private individuals to list investment sites. These can be either premises for small businesses or land plots for construction and agriculture. Within a couple of weeks, regional administrations will begin reviewing applications, and by August, they will be available for rent or purchase," said Murat Kerefov.
The Russian investment map was launched at the end of February this year. During this time, more than 16,000 investment sites have been listed. Only in the last month, 130 sites were executed here. Half were sold for 1.6 billion rubles, while the other half were rented out, generating a monthly income of 14 million rubles for regional and local budgets.
The map allows for a thorough assessment of the business environment for future projects: markets, preferential regimes, the availability of minerals and infrastructure — from road surfaces to mobile connectivity. If required connections are missing, the site cards indicate the conditions for technical connection. There is the option to select sites in different regions and compare them, as well as obtain information on key macroeconomic indicators of Russian regions that may affect project implementation. All of this allows for evaluating project costs and selecting measures of government support.
Earlier, the Ministry of Economic Development developed a portal for investment project support measures. There are 30 measures on the site, including assistance with financing, preferential regimes, and tax and tariff benefits.