Until the end of 2022, the Far East and Arctic Development Corporation (FEDC) will not terminate its agreements with the residents of Advanced Development Territories (ADTs), the Free Port of Vladivostok (FPV) and the Capital of the Arctic ADT in case of deadline violations by the investors or any other obligation abuse stipulated in the agreements.

'We aim to ensure the successful realisation of the Far-Eastern projects that have attracted entrepreneurs' investments — and we are ready to help,' said Yury Trutnev, Deputy Prime Minister and Presidential Plenipotentiary Envoy to the Far Eastern Federal District.

At the present moment, more than 2,600 projects are being realised with the use of state support mechanisms in advanced development territories and the Free Port of Vladivostok. RUB 1.9 tn out of the planned RUB 5.7 tn have already been invested. 82,700 new jobs out of the planned 195,000 have already been created.

This decision applies to all residents of the preferential regimes.

Photos from the site: ria.ru