STRATEGIC INVESTMENT PROJECT STATUS

Strategic investment project status assigning is an effective investors support mechanism.

ST. PETERSBURG’S STRATEGIC INVESTMENT PROJECTS

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Project implementation areas

  • Transport, logistics, transport infrastructure;
  • Industrial production;
  • Territory development;
  • Culture, sports, tourism,
  • Information technology,
  • Engineering infrastructure,
  • Social infrastructure.

The strategic investment project status is assigned to those projects, meeting the criteria, set forth in St. Petersburg Law, dated 12/03/2008 No. 742 136 «On St. Petersburg’s strategic investment projects, strategic investors and strategic partners».

The following benefits are provided for investors, engaged in strategic investment projects implementation:

  • Leased land plots provision, owned by the state without bidding,
  • Rent cost reduction for the land provision for further construction up to 1.5% of its cadastral value,
  • The site redemption opportunity, received by the intended purpose at a reduced price,
  • Investment project support at all implementation stages.

Requirements for strategic investment projects:

The project goal should be St. Petersburg life socio-economic and/or cultural conditions improvement,

The project is effective given the payback period, profitability, the tax revenues amount to both the federal budget and St. Petersburg one,    

The project provides a total investment:

 
  • 1 billion rubles in the healthcare, education, culture, sports and physical education, science, innovation, tourism development (including through the hotels creation),
 
  • 2 billion rubles for industry, transport and logistics complex development as well as the engineering infrastructure creation.

Import substitution measures implementation,

The investor and (or) affiliates, engaged in the investment project implementation, must have the experience in the similar industry’s investment projects implementation for a period of not more than 10 years before applying for the status, worth at least the amount, provided in the section 3.

 

STRATEGIC PROJECT STATUS OBTAINING PROCEDURE

 

STRATEGIC INVESTMENT PROJECT STATUS RECEIPT PROCESS DETAILS

 

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