Russian Ministry of Economic Development: Maxim Reshetnikov: SEZ Investments Reach 2.7 Trillion Rubles Over 20 Years

Russian Ministry of Economic Development: Maxim Reshetnikov: SEZ Investments Reach 2.7 Trillion Rubles Over 20 Years

Economic Development Minister Maxim Reshetnikov presented key 20-year SEZ results at the President's Government meeting on July 23.

"Exactly 20 years ago, per your directive, the SEZ law was passed—to spark regional growth points and stimulate investments," the minister noted, addressing the head of state.

Since launch, Russia created 59 SEZs. Over 1,300 resident firms invested 2.7 trillion rubles, creating 110,000 jobs. Zones now span industry, science, logistics to tourism.

"SEZs meet core business needs. They host productions ensuring tech sovereignty and import substitution," Reshetnikov stressed.

SEZ growth accelerated last five years: 34 of 59 zones created since 2020 (over half). Record 561 new residents. Recent examples: trailer manufacturing in Tatarstan, medical furniture in Tula Oblast, pet food in Lipetsk Oblast, air filters/polymers in Novgorod Oblast.

Minister highlighted SEZ role in regional economies: diversification drivers, high-skill jobs. Resident firm wages often 30–50% above regional averages.

2025 saw six new zones created, five expanded—including Kuzbass tourism zone, Chelyabinsk machine-building cluster, Novosibirsk industrial-logistics hub. More in pipeline, like Mineralnye Vody tourism SEZ.

Mechanism's efficiency shown by state return: "Incentive/infrastructure costs recouped via tax base growth. SEZ budget effect now exceeds 122 billion rubles," Reshetnikov reported.

Priorities ahead: simplify investor procedures, integrate infra support, expand tourism formats, attract foreign firms. Over 100 investors from 34 countries now active in Russian SEZs.

"SEZs have proven a robust national economic tool—thanks to regional teams, law improvements, and your support," Reshetnikov concluded, addressing the President.

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