Russian Ministry of Economic Development Highly Commended Lipetsk SEZ Performance — SEZ Lipetsk
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Russian Ministry of Economic Development Highly Commended Lipetsk SEZ Performance

The SEZ efficiency was assessed on the basis of data provided by government agencies of the constituent entities of the Russian Federation. According to analysis the Lipetsk Industrial Special Economic Zone (the Lipetsk SEZ) received 100% for aggregated performance indicator along with the SEZ of Tatarstan, Moscow and Tula Regions. The Russian Ministry of Economic Development gave a 100% performance assessment to Lipetsk SEZ and Tatarstan SEZ since the operation start. The report says about the number of investors and created jobs, total investments, sales revenue, expended federal and regional funds, tax payments and customs deductions. To recap 10 tenants with total investment of RUB 15 billion joined the Lipetsk SEZ in 2018. The investments already made increased by RUB 10.6 billion in comparison with 2017 and now constitute RUB 59.6 billion. The amount of tax and duties paid increased by RUB 2.6 billion accordingly and equal RUB 11.6 billion in 2018. Two large plants were commissioned: Lamb Weston Belaya Dacha Plant with RUB 8.7 billion investments and REDALIT Schlumberger with RUB 3.8 billion investments. The production facility features an automated manufacturing system in accordance with the standards of Industry 4.0. The Lipetsk SEZ Management Company was the first Russian SEZ to announce the completion of the construction of engineering infrastructure at the site in Gryazi district. Optimization and hard work of the expert team made it possible to reduce costs of infrastructural development from RUB 20.42 billion down to RUB 14 billion. Savings in budgetary funds allocated for the expansion of SEZ infrastructure totaled RUB 6.42 billion. The Lipetsk SEZ Management Company spent over RUB 600 million in its own funds on new infrastructure.