Dmitry Vorona: The state program will help the further development of Crimea

The Russian Government pays great attention to the Republic of Crimea and all initiatives coming from the leadership of the republic. Dmitrii Vorona, the CEO of the Crimea Development Corporation reported about that, commenting on the adoption by the Cabinet of Ministers of the Russian Federation of the new structure of the state program for the development of the Republic of Crimea and Sevastopol.

"We see that any decisions of the federal government have a beneficial effect on the investment climate of Crimea. At the same time, the republic remains a region that is treated with great attention, whose initiatives are always supported in the Cabinet of Ministers. When developing the state program, the proposals and wishes of the Council of Ministers of the republic were taken into account," Dmitrii Vorona said in a comment for the media.

Additional pulses

Fruitful joint work was carried out, which will definitely be continued at the stage of implementation of the state program.
"I am sure that the adopted changes will give additional impulses for the development of Crimea. In particular, to achieve the ambitious task set by the president to attract RUB 800 billion of investment in the economy of the republic in the next four years," the CEO stressed.
He expressed confidence that an increase in the share of private investment in the economy of the republic will increase the tax base of the subject, eliminate imbalances in regional development, create new jobs for Crimeans and improve their well-being.

"By the way, the program of socio-economic development of Crimea and Sevastopol assesses the current state of the regions. In accordance with the document, in general, the dynamics of their development indicates the stability of the economy," Dmitry Vorona said.

Investment growth

The State Program of Socio-economic Development replaced the Federal Target Program for the Development of Crimea and Sevastopol, which had been in effect for eight years. The development of the new structure is due to the need to reformat the Federal Target Program to meet the new requirements of the current procedures and approaches to the implementation of state programs.

The document developed by the Ministry of Economic Development of the Russian Federation is divided into two parts: project, which assumes the achievement of concrete results within the framework of federal and departmental projects, and process, concerning ongoing activities.
Among the main directions defined by the new document is the continuation of modernization of transport, engineering, communal and social spheres, as well as solving the problem of water scarcity.

Much attention in the document is paid to increasing the investment attractiveness of the peninsula. According to the state program, by 2025, the volume of investment in fixed assets is planned to increase to RUB 142.9 thousand per capita.
At the same time, the unemployment rate should decrease to 4.9%. Special emphasis is placed on the development of Free Economic Zones in Crimea and Sevastopol. According to the forecast, by 2025, the specific capital investment of the FEZ participants will amount to RUB 71.4 million per resident.