The first question that you ask Why Ivanovo Region?
Besides general advantages, such as great geographical position, the Region has unique ones. For instance, it is the only place in Russia where you can find so many machine building engineers. Thinking of creating or developing your machine building business? Welcome to Ivanovo region. In the regional center 40 out of 1000 citizens are students, which means great creative potential. Those students are going to be a great driver of your business.
Ivanovo Region is developing according to its Investment Strategy and Conception of Social and Economic Development with the focus on three sectors: engineering, textile, tourism. Entrepreneurs interested in the development of those industries are offered extensive support from the authorities.
Speaking of support, Ivanovo Region along with most economically developed regions offers certain privileges to investors. Recently, the income tax rate for investment projects has been cut to 0%. Investors are also going to enjoy compensation of technological integration costs and partial compensation of investment loans interest charges. In total the region offers 13 types of investment support.
The placement of manufacturing on the territory of the industrial parks is the main investment offer for investors. There are 4 ones in the region, each of them has its unique advantages for different kind of business. Any of these objects are totally ready ground area with all the necessary infrastructure and modern conveniences: electricity, gas, running water and treatment facilities.
Locating businesses within industrial parks is the main investment offer. There are 4 industrial parks in the Region, each offering unique advantages for different types of businesses. They are all ready to use with all necessary infrastructure and utilities: electricity, gas, water and cleaning facilities.
Dozens of investors have already received such support and lunched their businesses (production, trade and warehouse complexes) in Ivanovo Region. We have an extensive experience in investment projects support. You can also get support from development institutions designed to help investors at any stage of their work in the Region. That creates a fruitful and mutually beneficial cooperation.
Above all, we understand that you are launching your business on an unknown territory and how crucial support is. Therefore we have organized a hotline for investors, offering extensive advice and support.