Page 55 - Журнал Sozvezdye Review - «СОЗВЕЗДИЕ» #38
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This port industry park will involve construction of   • credit interest rate subsidy;
          the seaport infrastructure with railway approach and   • mineral replacement tax deduction;
          direct access to the water area of the White Sea. Its pur-  • non-competitive land allocation procedure;
          pose is to serve the supply needs of the oil-and-gas and   • free customs zone regime.
          mining sectors, that are being deployed in pursuance   In addition, tax residents of the Russian Arctic en-
          of the development strategy for the Arctic Zone, and to   joy the followsin statutory tax benefits establishes by
          provide year-round export/import shipments along the   regional legislation:
          Northern Sea Route.                             • reduced corporate income tax rate (5% during the
             As a development project, Port Industry Park “One-  first 5 years, 10% during subsequent 5 years);
          ga” will follow the cluster approach. It is planned that   • reduced corporate property tax rate (0.1% during
          its port infrastructure will be owned by the state. The   the first 5 years, 1.1% during subsequent 5 years);
          park itself will be located in the immediate vicinity of   • reduced tax rate for simplified taxation system (1%
          the port. Land plots – with all necessary infrastructure   during 5 years on taxable item “income”; 5% during 5
          for the investors to be able to start their production   years on taxable item “revenue minus expenses”).
          projects – will be allocated through a non-competitive   In its turn, Onega Port Industry Park LLC offers
          procedure. What the park holds for investors is not a   its residents:
          mere industrial site, but the dedicated land tailored to   • essential infrastructure (access roads, electricity,
          be needs of concrete production project. The design of   heating, water supply);
          the port builds on three core areas:            • legal support of land title transactions;
             • container terminal;                        • counselling and support of project documentation
             • bulk cargo terminal;                    review and permits issuance;
             • general cargo terminal.                    •  service as prime contractor,
             The  port  will  be  transshipping  a  wide  range  of   customer/developer services agency;  The Onega Municipal District Development
          goods. These will be coming by rail, road and sea from   •  engineering and installation   Strategy 2030 pursues economic diversification
          the main cargo-generating regions of the Russian Fed-  and connection of high-tech shared   by enhancing growth in forestry, fisheries, tour-
          eration – Arkhangelsk Oblast and Karelia – to be fur-  utilities to premises.  ism, agro industries, fuel complexes, vibrant
          ther exported to Europe, China and the countries of   Once  constructed, Onega  Port   business environment, infrastructure develop-
          Asia-Pacific Region. There will be storage sites for ac-  Industry Park project is expected to:  ment and improved quality of social services.
          commodating the return shipments.               • give an impetus to the de-  Special attention should be paid to the indus-
             This industry park already has candidates for resi-  velopment in northern areas and   tries with vital role for the area’s economy.
          dency, who are planning to build in its territory:   strengthen the Russian Federation’s   Work has been started, within the frame-
             • metalworks;                             positions in the Arctic;         work of the national project “Safe and Quality
             • ship repair yard;                          • contribute to the integrated de-  Highways”, to do major repairs on Severodvinsk –
             • construction materials factory.         velopment projects within the town   Onega motor road. Underway is the completion
             It is planned that some of the park’s premises will   of Onega, including new housing,   of the local water park, built thanks to the resi-
          be used for agroindustrial purposes:         social facilities, tourism and sports;  dent companies of the Arctic Zone and priority
             • aquaculture farming and processing (fish, mus-  • promote the technological po-  development area “Onega”. Another facility to
          sels, algae);                                tential of the port infrastructure in   be commissioned soon is Onega Story, a tour-
             • cultivation and processing of berries;   Arkhangelsk Oblast;             ist complex with a guest house, conference hall,
             • granulated feed plant;                     • to enhance the quality of port   Pomor cuisine restaurant, and wellness center
             • pelleted biofertilizers manufacturing.  services and reduce their cost due to   with White Sea algae thalassotherapy.
                                                       increased competition;
             Backbone element                             • give extra opportunities for in-
                                                       creased Russian export traffic to the Asia-Pacific coun-
             The projected port industry park holds 260 hectares   tries;
          of dedicated land. Its first-phase facilities have the fol-  • create high-paying jobs and improve living stan-
          lowing target performance figures:           dards;                                              SOZVEZDYE #38
             • projected cargo turnover: 970,000 tons per year;   • increase budget revenues at all levels.
             • berthing line: 523 meters;                 Alongside with Murmansk and Arkhangelsk, the
             • mooring capacity: 3 ships;              Onega Port Industry Park will serve as an additional   инвестиции
             • port capacity: 180,000 of cargo per month;  backbone element along the Northern Sea Route, act-     investment
             • projected construction cost: RUB 19,7 billion.  ing as a real driver of Russia’s economic interests in the
             Since the location of the project lies within the Arc-  Arctic.
          tic Zone of the Russian Federation, its residents can ex-  According to preliminary estimates, the park
          pect an expanded scope of preferential treatment:  will play a big role in the regional economy. It will
             • tax incentives;                         create jobs also in related transport organizations,
             • insurance contributions to national non-publicly   service sector, port administration, and supply fleet     53
          funded schemes at 7.6% rate;                 services.
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