Sakhalin will tell you how to interact with investors

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The Governor held the meeting of the Council for Investment Activities under the Government of the Sakhalin Region in his new capacity – as the chairman of the State Council’s Investment Commission. He noted that the appointment was the result of joint work, an assessment of the real results of the region in attracting and interacting with investors.

The Council plans to concentrate on five areas: personnel training, development of a set of investment rules for the region and an investment declaration, creation of an investment map and a plan for the development of industrial infrastructure. It is assumed that this experience will be adopted in the future by other regions of the Russian Federation.

Over the past year, the Sakhalin authorities have managed to simplify the main business processes: for example, to reduce the time for registration of legal entities. This is largely due to the improvement of several electronic services at once. Measures to support investors and small and medium-sized businesses have also been successfully introduced.

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