Astrakhan Region: Special Economic Zone “LOTUS”

The Government of Russian Federation took the decision to create a Special Economic Zone of industrial-production type in the Astrakhan Region.

There are several agreements have been signed with 9 residents of a Special Economic Zone (SEZ) in the Astrakhan region. As it is announced by the Ministry of Industry, Transport and Natural Resources of the Astrakhan region, SEZ will be located at the territory of Lotos Shipyard OJSC.

 

 

 

 

 

 

 

 

The agreement have been signed with Lotos Shipyard OJSC (modernization of production facilities for implementation of production program for 52,000 tons of steel per year), Astrflot LLC (construction of production facilities), TRANSOIL-Terminal LLC (terminal transshipping cargo from/to railway transport to/from water transport), ASK LLC (production of PVC profile and), Caspian ElectroTransport LLC (production of electric vehicles), Duna-AST LLC (construction of mini-plant), NGK LLC (creation of production facilities for production of hi-tech wind-diesel generators), Company Management Innovations Development LLC (Construction of a plant for fitting production) and NPO Ferrit LLC (production of electro-magnetic materials).

The key element of the future SEZ will be the most developed industry in the region – shipbuilding industry. Its development prospects are determined by the participation of Astrakhan-based shipyards in implementation of large-scale offshore projects in the sector of oil fields development.

In particular, Lotos Shipyard has a unique possibility to build vessels in a set of workshops to the degree of 100% which contributes to work quality and better working conditions. Over the recent decade, Lotos has been specializing in production of deck-mudules for topsides of offshore fixed platforms. It can also produce vessels and barges of any degree of complexity.

The possibility is being considered now for a location of Siemens screw-rudder manufacture in SEZ.

The total area of Astrakhan SEZ is to make 9.9 sq. km. The SEZ participants are provided with the major infrastructure facilities and the territory has a highway link with the federal highway М6 as well as a railway approach. Elimination of tax duties, decrease of major taxes, ability to apply mechanisms on cost optimization will make it possible to decrease expenses by 15% of the vessel price and will considerably raise the competitiveness of Russian shipbuilding sector.

Establishment of the SEZ in the Astrakhan region is highly supported by regional authorities to provide industrialists with better manufacturing conditions is a significant step as such and that the Astrakhan region has all the opportunities for successful project implementation.

Download Presentation of the Astrakhan Region’s Special Economic Zone “Lotus”.

Contact Information:

Ministry of Economic Development of the Astrakhan Region
Astrakhan, the Astrakhan Region, the Russian Federation
Tel. 007 (8512) 51 49 93
Fax 007 (8512) 52 50 66
www.minec.astrobl.ru
Elina Polyanskaya
Deputy Chairwoman of the Astrakhan Region
Government  – Minister of Economic Development
of the Astrakhan Region
Ministry of Industry, Transport and Natural Resources of the
Astrakhan Region
Astrakhan, the Astrakhan Region, the Russian Federation
Tel. 007 (8512) 51 46 97
Fax 007 (8512) 51 46 98
www.mptpr.astrobl.ru
Sergey Krzhanovskiy
Deputy Chairman of the Astrakhan Region
Government  – Minister of Industry, Transport and
Natural Resources of the Astrakhan Region

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