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Scheme of the LIPETSK SEZ

In accordance with the Federal Law "On special economic zones in the Russian Federation" ¹ 116-FZ, dd 22.07.2005, and the Decree of the Government of the RF ¹ 782, dd 21.12.2005, the decision was taken to create a special economic zone of an industrial productive type at the territory of Lipetsk region of 10 sq. km size.

The said zone has been founded to develop a processing industry, hi-tech industries and new type productions in the region.

The said zone is regulated by the following conditions:

  • 20 year period of validity;
  • project capital investments in roubles should be equivalent to 10 mln euro (during the first year - not less than 1 mln euro) according to the rate of the Central bank of the RF;
  • engineering, transport and social infrastructure is financed from federal and regional budgets, as well as from other sources;
  • state support of the residents of the special economic zone.
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