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FOR THE SECOND YEAR IN A ROW: SEZ "TITANIUM VALLEY" HAS BEEN RATED AMONG THE WORLD’S BEST SPECIAL ECONOMIC ZONES IN “GLOBAL FREE ZONES OF THE YEAR 2018”

FOR THE SECOND YEAR IN A ROW: SEZ "TITANIUM VALLEY" HAS BEEN RATED AMONG THE WORLD’S BEST SPECIAL ECONOMIC ZONES IN “GLOBAL FREE ZONES OF THE YEAR 2018”
Special economic zone “Titanium Valley” was rated among the world’s best special economic zones “Global free zones of the year 2018” for the second year in a row. The rating was published by international magazine Foreign Direct Investment Intelligence (FDI) - a division of Financial Times.

This year SEZ “Titanium Valley” once again gained recognition in nomination “New investments” for attracting a large investor. Experts of foreign edition marked project of “STOD-Ural”, which costs 140 million euro.

Company “STOD-Ural”, a subsidiary of large Russian woodworker “Modern Lumber Technology” became a resident of “Titanium Valley” in August 2017. Land area is 68.7 hectares. Launch of a high-tech woodworking complex for OSB-plates production is scheduled for 2020.


Artemiy Kyzlasov, CEO of SEZ “Titanium Valley”:


“Special economic zone "Titanium Valley" is the only industrial SEZ situated in the Ural - region at the border of Europe and Asia, in industrial center of Russia. Our key residents are international leaders, who launch clustering process in the region. Thus, “Titanium Valley” is a platform for cooperation, where small companies become suppliers to global industrial giants, and performed technology transfer is in demand at Russian market."


Other Russian SEZs included in the rating are: industrial zones SEZ “Lipetsk”, SEZ «Togliatti», technology zones SEZ “St. Peterburg”, SEZ “Dubna”, “Stupino Quadrat”


Last year Ural SEZ entered the list of SEZs that managed to attract the largest investors. “Titanium Valley” was marked for Ural Boeing Manufacturing project, with volume of investments of 72 million euro. In addition to that, “Titanium Valley” was recognized as best site for launching metallurgical production.
 

Foreign Direct Investment Intelligence (fDi) magazine traditionally publishes International rating of special economic zones. Participants are determined on the basis of a number of indicators: number of residents, services for residents, global coverage, infrastructure accessibility, etc. FDi experts estimate about 50 investment projects around the world: special economic zones, export processing zones, free ports and others. In each of the nominations, winners are selected in four regions: North and South America, Asia, Europe, the Middle East and Africa



08.10.2018