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GOVERNMENT OFFICIALS OF SVERDLOVSK REGION LEGISLATIVE ASSEMBLY ARE SATISFIED WITH DEVELOPMENT OUTCOMES OF THE SEZ “TITANIUM VALLEY”

GOVERNMENT OFFICIALS OF SVERDLOVSK REGION LEGISLATIVE ASSEMBLY ARE SATISFIED WITH DEVELOPMENT OUTCOMES OF THE SEZ “TITANIUM VALLEY”
On November, 1 a visiting session of Legislative assembly committee on industrial and innovation policy and entrepreneurship was held under the chairmanship of Albert Abzalov in the SEZ "Titanium Valley. In the run-up to formation of regional budget for 2018, the government officials traditionally visited Verkhnyaya Salda to discuss results of project development on site.

Session was attended by government officials Igor Aksenov, Vyacheslav Wegner, Andrei Zhukovskyi, Mikhail Zubarev, Vladimir Roschupkin, Alexander Ivachev, Alexander Korkin, Oleg Korchagin, Pavel Myakishev. Session was held with participation of Deputy Minister of investments and development of Sverdlovsk region Vasily Sosnin, as well as new leaders of Verkhnaya Salda - chairman of the city Duma Igor Gureev and acting head of the city district Mikhail Savchenko.

CEO of the SEZ "Titanium Valley" Artemiy Kyzlasov demonstrated results of construction season before the session. Government officials inspected customs complex, which is being prepared for commissioning at the moment. As previously reported, in November "Titanium Valley" will start operating in the free customs zone regime (FCZ). Verkhnaya Salda post of Yekaterinburg customs will start working on the site, and residents “Ural Boeing Manufacturing” and “Zibus” will start importing machines.

According to CEO of Titanium Valley, Zibus is at the final implementation stage of project at the moment. At the end of 2017, the resident will launch industrial production and start production of finished products - sought-after medical tools for neurosurgery. In 2017, the share of imported in Russia medical instruments for neurosurgery exceeded 90%. By 2020, Zibus intends to gain a fifth part of Russian market demand. This project is another step towards import-independence in the sphere of high-tech medical care, Artemiy Kyzlasov stressed.

“Ural Boeing Manufacturing”, the anchor resident of first stage of the SEZ "Titanium Valley", will launch production in the first half of 2018. Government officials inspected the building of resident’s industrial complex, which was commissioned this year.


Two more residents came to the site and began construction in 2017.


During the session Artemiy Kyzlasov announced key performance indicators, which were achieved  by management company in 2017. Total volume of announced private investments reached 24 billion rubles. By November, 3.7 billion rubles were actually invested in creating of production facilities on site. 112 jobs were created. Volume of tax deductions is 3.5 million rubles.


"In 2017, "Titanium Valley" received funding in full, as provided by performance indicators. As a result, management company of the SEZ has also performed its KPIs. In 2018, planned volume of budget financing is set at 341.3 million rubles. This money is needed for further development of the first stage and for fulfillment of functions of management company," - said Artemiy Kyzlasov.


In 2017, the regional budget provides 429.5 million rubles for implementation of the project. In October, management company received a tranche of 300 million rubles, another 129.5 million rubles will be allocated before the end of the year. All funds are being invested in further development of the first stage: construction of second and third stages of roads and lighting system, third stage of construction of electricity and communication networks, etc. At the moment, the volume of budget investment reached 3.132 million rubles, including 1 billion rubles from the federal budget.

 

01.11.2017