19 октября 2020

Primorye entrepreneurs learned where to get a loan at 0% and how to reduce land payments

Primorye entrepreneurs learned where to get a loan at 0% and how to reduce land payments

Entrepreneurs of Primorye were told about the Primorye Investment Promotion Agency and the business projects in the region. Elena Demidenko, Deputy Director of the Agency, took part in the meeting with members of "OPORA of Russia", a non-commercial public organization.

The event was attended by representatives of small and medium-sized businesses from all over Primorye. The experts talked about the key factors of business success, a reputation and state support for entrepreneurs and investors.

“It is essential to have trust between the authorities and business. So far, we face situations when entrepreneurs do not want to contact municipal administrations, and there, in turn, they do not understand well what business representatives want from them. We at the Agency, among other things, are working to break down barriers and establish mutually beneficial cooperation, that will help entrepreneurs launch production or open a cafe, and the region will receive additional jobs and tax revenues,” said Elena Demidenko.

Currently, the Agency assists several investment projects. One of them is DVSK "Armada" LLC with an initiative to build a road-building complex in Dalnegorsk. Thanks to cooperation with the Agency, the investor received a reduced rent for the land plot. Now specialists are helping to prepare documents for a loan at 0% in the Monocities Development Fund. Another example is Plastproduct, LLC. The company launched the unique production of corrugated pipes in the Far East in Primorye. The Agency helped the investor to prepare documents for participation in the preferential lending program.

 “Meetings with business are acrucial element of our work. Only through joint efforts we are able to create comfortable conditions for entrepreneurs in Primorye,” stressed Elena Demidenko.

Earlier, at the invitation of the Vladivostok Entrepreneurship Development Center, the Agency's specialists took part in a meeting dedicated to improve the investment climate in Vladivostok. Together with representatives of business associations and the Administration of Vladivostok, the event participants discussed the principles of interaction between entrepreneurs and government authorities and current government support measures.

To get more detailed information current government support measures in Primorye link to the Primorye Investment website. There is a bank of land plots available for implementation of investment projects, information about entrepreneurs who are looking for a partner for joint business development.

Recall that the Primorye Investment Promotion Agency is a business support institution, its specialists help find land plots, preferential loans, attract additional investments to develop projects and find a common language with the authorities. To get support of the Agency you should fill out an application on the Investment website. Thanks to the Agency it was possible to attract 2.9 billion rub into the economy of Primorye last year.