Crimea can be as a co-investor of projects for their early payback – Head of the YIEF Fund

Crimea News Agency (Kryminform)
13 October 2020

Crimea Development Corporation can be as a co-investor in projects implemented in the Republic of Crimea for their payback in the shortest period.

Dmitry Vorona, Chairman of the Board of the YIEF Found, told about it in an interview Kryminform.

«I am sure that for the Republic of Crimea – this is one of the main and most correct opportunities to attract investors. It is more correct to develop according to the system that, for example, developed in Kaluga region. We went to see this experience and adopted it. The system that they were building at home, and in general the Russian system that was used to attract investors, included the offer of a ready – made site with connected communications here, at your disposal, become, build, do. Such system in which you do not need to register the land additionally, in which you do not need to come up with connectivity options», said Dmitry Vorona.

According to him, with this approach, investor will have to invest in summing up communications, without being distracted by paperwork. «You have already an agreement under which you continue to perform your functions as an investor. For any investor, it is very important to reduce time between the investment and its return. The faster the investment returns, the more interesting to invest», said the Head of the YIEF Fund.

He specified that during the preparatory work, Crimea Development Corporation will be able to get a share in the joint project on mutually beneficial terms. «Of course, it will be more interesting, and payback on investment will come much faster» concluded Dmitry Vorona.

 

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