The session of the Inter-Institutional Committee for Investment Projects in Murmansk Region
On 13.04.2017 the session of the Inter-Institutional Committee for Investment Project headed by A.M. Tyukavin, First Deputy Governor of Murmansk Region, was held. Issues of realization of 3 regional investment projects were discussed.
As a result of the session, the Committee recommended the Government of Murmansk Region to assign the Teriberka Production Cluster the status of the priority investment project of Murmansk Region and give its initiator (Teriberka Finance LLC) a state support in the form of organizational, information and consultative assistance and the right to conclude land lease contracts without bidding.
Due to pertinent remarks concerning the “Regional Distribution Centre” project, the Inter-Institutional Committee adjourned the consideration of the application by Tander JSC to render it state support in the form of tax exemptions and privileges.
Finally, the Committee recommended the Government of Murmansk Region to rescind the Agreement of state support to investment activities in regard of the priority investment project “Construction of mini-metallurgic plant for production of grinding balls in Monchegorsk” due to breach of the agreement conditions by its initiator, Monchegorsk Mechanical Plant LLC.