Mordovia Development Corporation actively supports business in the "one-stop shop" format
Mordovia is steadily strengthening its position as one of the most promising regions for doing business. According to the results of the National Rating of the investment climate of the subjects of the Russian Federation, the region entered the top 10, confirming the status of a territory with favorable conditions for entrepreneurs.
Andrey Viktorovich, Deputy Head of the Investment Development Department of Mordovia Development Corporation, told “Rossiyskaya Gazeta” about tools to attract investments, how the project support system works and what challenges investors face.
- Andrey Valerievich, what tools are used today to attract investments to the region?
- The main tools are the Investment map and the Investment declaration. The map contains up-to-date information about available sites, infrastructure and support measures, and the declaration establishes guarantees for investors. Both tools are available on our Investment portal, which contains all relevant data for investors.
- How can an investor apply for project support?
- A convenient way is through your personal account on the Investment map. You can submit a request for project localization there, specifying its parameters, infrastructure needs, and support measures. After that, our specialist contacts the investor for a detailed study.
- How many projects are currently supported by the corporation? Which industries are the most active?
- We support 59 projects with a total investment of 26.770 billion rubles. The greatest interest is in industry.
- What difficulties do investors face most often?
- The main difficulties are related to the connection to the infrastructure, the approval of permits and the search for qualified personnel. We help minimize these risks by interacting with relevant agencies and offering solutions.
Our task is to provide each investment project with the most comfortable conditions for implementation. Take, for example, a technical cannabis processing project: we have recently conducted a detailed analysis of its current state and are ready to provide comprehensive support at all stages. Some challenges are already obvious, but in close cooperation with the investor, we will find the most effective ways to overcome them.
- How does the project support system work?
- The corporation assumes the functions of a single operator for the investor at all stages of the project. This means that all services are provided through a "single window". The principle of operation is simple: one entry point, full support and time control. Such a system speeds up the approval process, reduces the need for personal investor visits to government agencies, and ensures transparency of all procedures.
- How is the interaction with municipal investment authorities structured?
- Investment commissioners have been appointed in each district of the republic to help investors on the ground. We work closely together: we hold joint meetings, promptly resolve land and infrastructure issues, and help promote local investment opportunities.
- What are municipal investment profiles and how do they help businesses?
- These are detailed presentations of districts, including information about vacant sites, transport accessibility, labor resources and support measures. All profiles are available on the investment portal, which allows investors to quickly assess the potential of the territory and choose the optimal location for the project.
- What should an investor prepare before applying to a corporation?
- It is important to clearly understand the parameters of the project: the volume of investments, the planned jobs, the stages of implementation. It is also worth exploring support measures in advance. Our task is to help the investor adapt the project to the conditions of the region, but the more detailed the application is, the faster the process will go. We support projects at all stages: from initial consultations to the commissioning of facilities.
- Which measures of state support are most in demand?
- Soft loans, as well as guarantees.
- What is your main advice to investors considering Mordovia?
- Do not delay the appeal! Even at the idea stage, we can offer optimal solutions.