At a meeting of the Permanent Commission of the City Duma on economic development, investment, industry and energy, chaired by Sergei Zarevsky, deputies considered the support measures provided to investors in Rostov-on-Don.

According to Polina Korostieva, director of the Department of Economics, who made a report to the deputies, Rostov-on-Don ranked second among the city districts of the Don based on a rating assessment by the regional government of the effectiveness of municipal entities in attracting investments.

For 9 months of 2019, the volume of investments in the Don capital amounted to 62 billion rubles, which amounted to 90.8% compared to the corresponding period of the previous year. More than 65% of the total investment (40.1 billion rubles) was spent by large and medium-sized organizations.

According to Polina Korostieva, in 2019, 16 projects from the “List of Investment Projects of Rostov-on-Don” totaling 10.5 billion rubles were implemented, 1,091 places were created. Among them is the second stage of the Voenved City residential complex, the Leroy Merlin shopping center on ul. Dovatora, shopping and office center "Lemon" on the street. Mozhaiskoy, hotel "Albion" on the street. B. Sadovoy, biological treatment facilities in the territory of the Baltika brewing company.

To date, the “List of Investment Projects of Rostov-on-Don” includes 59 investment projects totaling 247.6 billion rubles. In 2018, the Investment Council under the head of the City Administration considered 15 investment projects with a total investment of 21.1 billion rubles.

In addition to supporting investment projects by industry and territory, work is underway in Rostov to support them. The Internet portal "Investments and Innovations" contains information on the procedure for supporting investment projects, including the "Guide for the investor", the map scheme "Innovations in the city of Rostov-on-Don." Work is underway to update the base of investment sites, which today consists of 71 investment sites, including 59 municipal ones. For the convenience of investors, the information on land plots in respect of which applications for participation in an open auction for the right to enter into a lease agreement are updated on the investrostov.ru Internet portal in the “Bidding” section. The site contains investment and innovation passports. This year, it is planned to create a new section on the investment attractiveness of Rostov-on-Don.

Speaking about measures of organizational support for investors, Polina Korostieva noted the innovative business accelerator launched in 2019. The project was created for those who are looking for investments in their startup (including grant support). The total duration of the program was 9 months, 60 people took part in it. Based on the results of all four stages of the program, the best projects were sent to the Innovation Assistance Fund for consideration. Three participants in the business accelerator reached the final of the UMNIK Digital Russia contest, each received a grant of 500 thousand rubles for the development of their projects. This year, work in this direction will be continued.

Also in 2019, the project “Center for Digitalization of Business” was launched in Rostov. The work of the Center took place in two stages: the training and the stage of creating digital profiles of organizations. This year it is planned to continue this work with an emphasis on supporting production enterprises.

Last November, the “Road Map” was approved, which enshrined the obligation to develop an individual action plan to support each investment initiative with an exhaustive list of actions by the investor and industry (functional) bodies.

In addition, organizations implementing investment projects in Rostov-on-Don can apply for four forms of state regional support. These are subsidies for the reimbursement of part of the costs of creating capital construction projects of engineering infrastructure, which are part of the investment project and (or) their connection to engineering systems; subsidies for the reimbursement of part of the cost of interest on loans received for the implementation of investment projects; tax benefits (including corporate income tax and property tax); investment tax deduction with the ability to offset up to 90% of production costs.

Answering the question of the Deputy Chairman of the City Duma Sergey Sheremetyev about tax revenues to the local budget due to the implementation of investment projects, the director of the Department of Economics noted that due to the creation of new jobs by investors, the city budget received an additional 12.8 million rubles in tax payments.

According to deputy Sergei Smirnov, given the real economic situation, it is necessary to plan to attract investors to other sectors of the economy, primarily production, shifting the focus from the development of construction.

And the chairman of the profile commission of the City Duma, Sergei Zarevsky, noting that the Department of Economics is carrying out a lot of focused work to increase investment activity, proposed to intensify interaction with the media.