Upload
tatyana-dale
View
220
Download
3
Tags:
Embed Size (px)
Citation preview
INVESTMENT PRESENTATION OF
THE PRIDNESTROVIAN MOLDAVIAN REPUBLIC
TABLE OF CONTENTS
State system
Power Supply and Gasification
Transport Infrastructure
Agriculture and Industry
Touristic-Recreational Opportunities
PMR
General information
Regional Peculiarities of Investment Policy
The Pridnestrovian Moldavian Republic (Pridnestrovie) is a state located in the south-eastern part of Europe which occupies the left bank of the Dniester River within the borders of the former Moldavian SSR and a number of localities on the right bank – the city of Bendery with adjacent villages, as well as villages of the Slobodzeya region such as Kopanka, Kitskany, Mereneshty, and Kremenchiug
Pridnestrovie shares borders with the Republic of Moldova on the west (411 km) and Ukraine on the south-east (405 km)
Landlocked Total square is 4163 km² (10% of the territory of the
MSSR)
General Information
1. Moldovans – 31,9%2. Russians – 30,4%3. Ukrainians – 28,8%
26
28
30
32
31.930.4
28.8
Population – 522 500
Official Languages
Monetary Unit
Moldovan, Russian, Ukrainian
Pridnestrovian Ruble 1 ruble = 100 kopecks
Administrative-Territorial System
PMRSlobodzeyaSlobodzeya
BenderyBendery
DubossaryDubossary
GrigoriopolGrigoriopol
DnestrovskDnestrovsk
KamenkaKamenka
TiraspolTiraspol
RybnitsaRybnitsa
President of the PMR
Head of the State, Guarantor of the PMR’s Constitution and Laws, Human and Citizens’ Rights and Freedoms, the Commander-in-Chief of the Armed Forces of the Pridnestrovian Moldavian Republic
PMR’s State System
The Pridnestrovian Moldavian Republic is a Presidential Republic
• Supreme Council
Consists of 43 deputies
• Constitutional
• Arbitration
• Supreme
• Courts of general jurisdiction
• Government
• Chairman of the Government
• Vice-Chairmen of the Government
• Ministers
• Heads of Public Administrations of Towns and Regions
Legislative
Executive
Judicial
State Powers of the PMR
Power Supply
Export power energy to the
CIS- and far-abroad countries
Installed capacity is 12
energy blocks,
makes up 2520 MW
Major fuels are gas and coal
Installed capacity makes up
48 thousand kW, annual
average output - 260 mln.
kWh.
Moldovan GRES
Dubossary GES
Gasification of Pridnestrovie
97% localities
of the PMRare gasified
192 300 Dwelling houses and apartments
are gasified
85% Dwellinghouses about 4.2 thousand
km of high-, medium- and low-
pressure gas pipelines
are maintained
Transport Infrastructure
two trunk highways of international significance
three gas mains two international trunk railroads
Territory of Pridnestrovie
IX Pan-European Transport Corridor comprises road and railroad componentsmain route’s length – 3 400 km, total length – 6 500 км
Transport CorridorGdansk-Odessa
Corridor’s length – 1816 kmacross Ukraine: railway line – 918 km
highways – 1208 km
Transport Corridors
Black Sea Cargo Port in Ilyichevsk
(Ukraine) about 150 km from Tiraspol
Reni Port(Ukraine)
on the Danube(about 300 km from Tiraspol)
Giurgiuleşti Port (Republic of Moldova)
on the Danube(about 300 km from Tiraspol)
Cargo Ports
Raw Materials Base for Construction Activities
Pridnestrovie features its own base of raw materials:
cement, limestone, sand, gravel and others
Republic has functioning enterprises
JSC Moldova Steel Works (Rybnitsa)
CJSC Rybnitsa Cement Plant
JSC Moldova Steel Works
marketable continuous cast steel billets with cross section area 125x125 mm and length 8000-12000 mm
round bars in rods (diam.10-22 mm) and in coils (diam.5.5-14 mm)
reinforcing bar in rods and coils with nominal diam. 6-40 mm
wire rod for production of fasteners by cold heading (test lots)
shape steel-rod stock (equal angle bars of 25 mm; 32 mm; 35 mm; 40 mm; 45 mm; 50 mm according to CIS and major international standards -DIN, ASTM, BS, EU etc., steel channel №5)
CJSC Rybnitsa Cement Plant
Cement Construction lime
Agriculture
Pridnestrovie has rich fertile lands, favourable climate conditions, sufficient water resources (the River Dniester) for land reclamation, large number of sunny days per year (the average
July temperature is +21 C) and moderate winter temperature (average January
temperature is -5 C)
Agriculture concentrates today 275,0 thousand ha of farmland, 230,2 thousand ha (83,7%) of which is arable and 21,0 thousand ha (7,6%) is occupied by perennial plantings.
Traditional and Priority Agricultural Sectors of Pridnestrovie
vegetable growing
gardening
growing of grapes
tobacco beet seed production
livestock farming
Challenges for Agricultural Infrastructure Facilities
restoration and modernization of water mains of the reclamation system
establishing new and maintaining available centers for cereal, vegetable and fruit breeding
formation of general republican structures for animal breeding, diary husbandry and poultry farming
creating plant protection and veterinary centers
opening of machine and tractor centers
establishing the system of crop insurance
futures lending and provision of financial services for purchase of agricultural equipment and leasing
creating new and modernizing old enterprises for processing and conservation of agricultural products
Why Pridnestrovian Agriculture Is Investment-Worthy
free market of home-produced foodstuffs. Pridnestrovie imports over 11.4% of foodstuffs (73.7% of the volume of realized food products in the domestic market). Their volume makes up about 200 mln. U.S. dollars
existing rich traditions and production experience in vegetable growing, gardening, growing of grapes and wine and cognac production
Sectors of Industrial Complex
Power energy
Iron and steel industry
Light industry
Building materials industry
Machinery and metal working
Electro-technical
Chemical
Woodworking
Furniture
Printing
Vitreous
Types of Industrial Products
Pridnestrovian Industry comprises144 enterprises
Power energy Apparel Big electric machines
Low-voltage equipment
Cable products Cotton fabrics Rolled steel products Pumps
Cement Fiberglass and
fiberglass products
Furniture Footwear
Equipment for foundry
Electric insulating materials
Touristic-Recreational Opportunitiesof Pridnestrovie
Dniester Health Resort in Kamenka
Dnestrovskie Zori Recreational Complex
Health Resort “Dniester”(Kamenka)
It is a large specialized balneo-climatic health resort. This region is often called little Switzerland. Here one can find a successful combination of mountain and river air, mild winters, continuous
warm summer, barometric pressure and relative humidity perfect for health improvement and proper rest.
Diagnostic and treatment base of the health resort features all necessary modern methods of treatment and diagnosis. The main factors for good rest and fruitful treatment are aerotherapy, air and sun bathing, swimming in the water of the Dniester. Directly on the territory of the health center there is a functioning well of medical-
mineral water “Dnestryanka”.
The health resort is located on the very bank of the Dniester. Parkland occupies more than 20
hectare and is surrounded by a hundred-meter rocky hill which fosters special climate
conditions..
Recreational Complex“Dnestrovskie Zori”(“Dniester Dawns”)
Plenty of sunny days, picturesque forest area, clear river air of the Dniester valley and available natural springs of mineral water of
the “Truskavets” type create excellent conditions for rest and treatment.
Health complex occupies 50 hectare of forest, has four double-stored capital residential buildings with rooms equipped with all modern conveniences. Main treatment features of the “Dniester
Dawns” health center are climatotherapy and balneotherapy based on the use of natural mineral water.
Chemical effects of the mineral water on the organism are directly connected with the presence of hydrogen sulfide, sulfates, chloride
of sodium, iodine, bromine, and calcium in it.
Health complex is located on the bank of the Dniester River in the village of Mereneshty,
between Tiraspol and Bendery.
Natural and Cultural-HistoricMonuments of Pridnestrovie
Grigoriopol Region
Glinoye Village – building of the Polish
church of 1846
Karmanovo Village – building of the Protestant Church of XIX c.
Teya Village – building of the
church of XIX c.
Malayeshty Village –
nature reserve
Slobodzeya Region
Chubruchi Village –National Park
of Landscape Art named after D.K.Rodin
(1958)
Kitskany Village – Novo-Nyamensky
Monestary Complex
Turunchyuk island (area - 8 800 га),
Turunchyuk River, rapids – opportunities for sport
fishing, active leisure
Kapi Lake
Dubossary Region
Nature Reserve
“Yagorlyk”
Rogi Village – rocky
monasteries
Rogi Village- Kochiery Village (river band, left bank) – opportunities
for hang-gliding
Novaya Lunga up to Grigoriopol - canyon,
Tamashlyk Valley with a waterfall
Kamenka region
Oknitsa village - Scythian burial
mound, II century B.C.
Rashkovo village
Nature Reserve – natural landmark
“Deep Valley”
Krasnaya (Red) Mountain
(opportunities for hang-gliding)
Village Valia-Adynke – Cave of Ustim
Karmelyuk
Rybnitsa Region
Vykhvatintsy village• Rock shelter of the Paleolithic age, 350 B.C. – the oldest early men site on the territory of the
PMR, one of the few sites of this period in Eastern Europe • Mafteya Ravine (area of 70 ha) is accumulation of instruments of labour of the Stone Age man
• Tripolye. Memorial sign near the burial ground. Monument to one of the most prominent cultures of the Ancient World.
• Building of the music school named after G. Rubinstein. The year of construction – 1901 (1829-Russian composer was born in the village of Vykhvatintsy; 1901-music school was built; 1979-
museum was opened).
Stroentsy village• The Tower of Winds is the monument to Field-Marshal Peter Wittgenstein erected by his
granddaughter Emilia Trubetskaya, XIX c.• Terraced vineyards built by Trubetskoy family in the middle of the XIX c.
• The Mill is the monument of the XIX c., one of the most advanced constructions of that period. Swiss equipment.
• The Church, built in 1829 on the means of P. Wittgenstein• “Stroyenetsky Ravine” – 1200 ha (stretched from the village of Yantarnoye to the village of
Belochi): sinkhole, waterfalls, brooks, rocks of peripheral part of reef formations of limestone of different colours, springs with hydrogen sulfide and iron oxide.
Belochi village
• Watermill on the small river Zolotaya (Golden) is a construction of 1884-1894; mechanisms of unique construction are from Zurich (Switzerland)
• Stone Cross – a monument to fallen Cossacks in 1675• Building of the stable and kitchen of Matkovsky’s estate (ice storage room, cellar) – a
monument of XVIII - XIX cc.
Villages of Popenki and Zozulyany - ancient villages,
ethnographic tourism is possible
Village of Bolshoy Molokish: canyon, springs.
Dialect of the Moldovan language - opportunities for ethnographic tourism
Voronkovo Village: preserved traditions
of carpet weaving and folklore
Butuchany Village: nice recreation area. Place opportunity for
children’s camp.
Rybnitsa Region
Foreign investors in the PMR
Foreign states
International organizations
Foreign legal persons
Foreign citizens and, in cases expressly provided by the legislation, stateless persons
Investment funds functioning on the territory of the PMR and carrying out investment activity based on attracted foreign capital
Types of Investment
freely convertible or other foreign currency which is the object of operations carried out by banks and investment funds
machines and equipment
property and non-property rights transferred by an investor, including the right to intellectual (industrial) property
Capital Expenditures of Organizations according to Forms of
Property
49%
30%
20%
2011
private ownership
foreign ownership
state ownership
Competitive Advantages of the PMR
Convenient transport and geographic location which favours the development of industrial and agricultural potential
Important road and railroad main lines and gas lines running through the territory of Pridnestrovie and linking Russia and Ukraine with countries of Eastern and South-Eastern Europe
Republic’s location in the area with high agro-climatic and biological and soil potential
Availability of extensive production infrastructure and highly qualified personnel
PMR’s Investment Legislation
Law on Investment Activity
Law on Foreign Investment on the Territory of the Pridnestrovian Moldavian Republic
Law on Tax on Income of Organizations
Law on Customs Tariff
Law on State Support to Innovation Types of Activity
Customs Preferences
customs benefits when importing property – for those enterprises whose share of foreign investment in the registered fund (capital) makes up no less than 30% and amount of foreign investment in the registered fund (capital) of the enterprise is more than 10 thousand U.S. dollars, or the sum of foreign investment in this enterprise exceeds 25 thousand U.S. dollars, regardless of the share amount in the registered fund (capital) of the enterprise
exemption from payment of customs duty, excise duty and import tax on tangible and intangible assets imported by a foreign investor to Pridnestrovie as a property deposit when forming or increasing registered capital of the enterprise
customs benefits in the form of tax-free import of goods, works and services for own production and export of goods, works and services of own production – for those enterprises whose share of foreign investment in registered capital makes up no less than 30% and the sum of foreign investment in registered fund exceeds 50 thousand U.S. dollars, or the sum of foreign investment in the enterprise exceeds 150 thousand U.S. dollars regardless of the share amount in the registered fund
Tax Preferences
by 10% - when amount of investment is between 10 000 U.S. dollars and 250 000 U.S. dollars
by 30% - when amount of investment is between 250 000 U.S. dollars and 500 000 U.S. dollars
by 50% - when amount of investment is more than 500 000 U.S. dollars
Organizations with foreign investment with more than 50% of revenue from sales of products (works, services) of own production are entitled,
during 5 years after receiving the first income from sales of products (works, services) of own production, to reduced tax rate on income from sales of products (works, services) in the following amounts, depending on the amount of actually introduced foreign investment in the registered
found (capital) of organizations:
Preferences for Investors in Innovation Types of Activity for the Period of:
10 years – in case of actual or planned investment in the building and (or) reconstruction of objects, purchase and adjustment of equipment as part of implementation of the registered innovation project of no less than 1.7 mln. Euros and creation of additional jobs with average number of employers of no fewer than 80 people
5 years – in case of actual or planned investment in the building and (or) reconstruction of objects, purchase and adjustment of equipment as part of implementation of the registered innovation project of no less than 0.85 mln. Euros and creation of additional jobs with average number of employers of no fewer than 50 people
3 years – in case of actual or planned investment in the building and (or) reconstruction of objects, purchase and adjustment of equipment as part of realization of the registered innovation project of no less than 0.3 mln. Euros and creation of additional jobs with average number of employers of no fewer than 20 people
up to 3 years – in case of actual or planned investment in the building and (or) reconstruction of objects, purchase and adjustment of equipment as part of realization of the registered innovation project of less than 0.3 mln. Euros and creation of additional jobs with average number of employers of fewer than 20 people
Areas of Investment Activity
additional preferences for economic activity in the industrial sector, in the field of new technologies, in the sphere of processing of agricultural products (in the form of tax holidays for newly established manufacturing enterprises and free economic areas for depressive regions and localities)
shaping precise and stable legislation defining organization and conduct of business, introduction of simplified and preferential tax regimes for economic entities developing and implementing new types of production and IT technologies
drawing up simpler and faster administrative procedures for approval of new investment projects to be launched
conclusion of direct agreements with investors on mutual and stable commitments to ensure state support of major investment projects providing for obligations for allocation of land, supply with infrastructure communications and tax incentives – on the part of the state, and obligations to create jobs, ensure volume of production and provide employment in the specific territory – on the part of the potential investors
protection of investors from monopolists abusing their dominant market position
final formation of existing normative-legal acts suggesting the possibility of building an efficient “business-state” tandem based on partnership, with sectors of production having all forms of ownership, not only state or private, since withdrawal of the state from all sectors of economy is unreasonable
reforming accounting and financial reporting in compliance with international standards and that of the Russian Federation
final formation of transparent rules of carrying out foreign economic activity, simple, fast and open procedures of customs clearance and control over movement of goods across the border
introduction of “good conduct of activity” criteria for economic agents, according to which subjects (investors) with positive image of economic activity can get the so-called “green corridor” at all government authorities in order to minimize expenditures on relevant procedures, inter alia during customs control
attraction of foreign investments in the economy of the state by creation under auspices of the Ministry of Foreign Affairs of the Pridnestrovian Moldavian Republic of the network of Pridnestrovian trade-economic representations using opportunities of legal systems of hosting countries