DataLife Engine / Land in Russian Subarctic to be allotted without auctions

Land in Russian Subarctic to be allotted without auctions

According to Olga Kuznetsova, a corresponding decree was adopted by regional government on the 28th of October. The law applies to projects compliant with a number of criteria. This includes a minimum amount of investment of 20 million roubles with 50% of internal funds, creation of at least 10 new jobs, a business plan.

An investment project can be considered to be a large-scale in case it has a status of a priority or a strategic one for the region.

8-11-2016, 15:07
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