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Development Area. Preferences Granted by Special Economic Zones to Cities, Businesses, and People

#Dialogue #Transformation of Urban Economy and Business
MUF 2021
02 July
11:45–12:45
Hall
How can we stimulate the development of domestic production, technology, tourism, and trade? One of the most efficient tools is the creation of Special Economic Zones (SEZ), which unite Russian and international business in clusters and build a growth-favorable environment. There were 36 active SEZs in Russia by the end of 2020. They attracted investors from 41 countries and created over 42,000 new jobs. Such concentration of 'growth points' is beneficial for both parties. SEZ residents enjoy tax, customs, and administrative privileges, as well as infrastructural and promotional support and host regions receive an influx of human resources and technology which drives opportunities. To perform well, SEZ must stimulate market development and set high-quality standards, while also reducing barriers for business developing new regional economies.
  • What are the recorded trends in demand for industrial facilities? What kinds of privileges, sites and infrastructure are SEZ residents looking for?
  • Which SEZ privileges and bonuses are the most in-demand among residents? Do residents find free trade zone services useful?
  • Which cluster specializations are the most in-demand in the market?
  • Which cluster specializations (microelectronics, energy, safety, new materials, robotics, industrial design) are the most relevant to the market in an export-centric and import substitution environment?
  • Why are SEZ territories particularly efficient when it comes to pharma cluster development?

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