The Investment Committee, led by Vitaliy Khotsenko, approved new approaches to providing state support to investment projects

The Governor held the first meeting of the Omsk Region Investment Committee in 2024, at which it was decided to make appropriate changes to the legislative and regulatory framework.

Proposals on changing approaches to the provision of state support measures for the implementation of investment projects were developed on behalf of the head of the region, Vitaly Khotsenko.

The new approach provides for consideration of investment initiatives at a meeting of the Investment Committee to determine a set of measures to support and successfully launch the project. The powers of the Investment Committee will include three main blocks of decisions. The first is monitoring investment projects and resolving problems that arise during their implementation. The second block is the approval of investment projects for the provision of land for rent without bidding. The third block is the approval of decisions on granting property tax benefits to investors, as well as on granting investment tax credits for income taxes or regional taxes. Following the decisions of the Investment Committee, separate investment agreements will be concluded between the regional Government and investors.

This set of measures will make procedures more transparent and take into account the best practices in the Russian Federation. 

By contacting the Omsk Region Investment Committee, the investor will receive a comprehensive review of the project with the definition of government support measures available to him. 

"With the new approaches, we essentially assign three main tasks to the Investment Committee - discussing its initiatives and projects with the investor, determining their status to confirm some form of government support, including property or tax benefits, and the third – supporting the investment project at all stages to solve problems of infrastructure constraints and land issues.  Now every business benefit is provided through the adoption of a separate bill, and we will be able to recognize the initiative as a large-scale investment project by the decision of our Investment Committee, recommend providing a land plot without bidding or a tax preference. It will be easier for the investor, and easier for us.  This will optimize the investment process and accelerate it. The Investment Committee consists of people who make decisions, therefore, it is here that all investment projects should be discussed, resources and support tools identified, and instructions issued executed," said Governor Vitaly Khotsenko. 

The meeting secured support for an investment project to modernize the Omsk Electromechanical Plant, as a result of which the existing production of metal structures will be expanded. An investment initiative for the development of timber processing was also considered. In particular, Tomlesdrev, the largest Tomsk timber processing enterprise, came up with a proposal to develop a forestry business in the Tarsky district. In turn, the Omsk Digital company plans to implement on the territory of the buildings of the former plant named after him. Kozitsky's project to create a technology park in the field of high technologies. The project for the construction of a five-star hotel in Omsk also received support.