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RIA Novosti

Business

Russia announces special economic zone tender

13:52 16/09/2005

PETROPAVLOSK-KAMCHATSKY, September 16 (RIA Novosti) - Russia's Ministry of Economic Development and Trade has announced a tender for special economic zones, Minister German Gref told a news conference Friday.

"I signed the relevant directive today," Gref said. "It will be published tomorrow."

According to the minister, interested parties can start submitting bids on technical-innovation and industrial zones to the ministry tomorrow. The submission deadline is November 1.

Gref added that the ministry was planning to include recreation and tourism zones in the law on special economic zones, which was adopted in the summer to attract investment into Siberian and some other economically depressed regions.

"[The relevant] amendments are being prepared," the minister. "We are planning to submit them in October."

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