Improving investment attractiveness - specific measures

The Administration of Smolensk region is taking specific measures to attract private funds into social infrastructure, healthcare facilities, education, and housing and utility services with the help of public-private partnership mechanisms.

This work is carried out both through business cooperation with potential investors (concessionaires and private partners) and through improving the regulatory legal framework, establishing special structures of development, training state and municipal employees from the relevant sectors.

The Governor Alexey Ostrovskiy approved the decision of the Administration of Smolensk region on the establishment of preferential rental rate for the use of a land plot for a concessionaire and a private partner.

The size of the rent for the land plots allocated to concessionaires and private partners on the terms of the concession agreements and public-private partnership agreements in accordance with the Land Code of the Russian Federation on which there are healthcare facilities, including spa treatment, education, culture, sport, recreation and tourism facilities, or on which the construction of the indicated facilities is planned, amounts 0.1% of the cadastral value.

Thus, taking into account the priority of social infrastructure development, a preferential rental rate for investment projects listed above is provided.