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What is the guarantee of improving the quality of life in Yakutia?

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The guarantee of the stability of the economic situation in Yakutia and the general improvement in the quality of life of in Yakutia is the focus on developing their own production, said Aleksei Repik, President of the All Russia Public Organization Delovaya Rossiya (Business Russia), following a meeting with the head of the republic Egor Borisov on July 11 in Yakutsk, the press service of the head of the Republic of Sakha (Yakutia) and the government of the Republic of Sakha (Yakutia) reports.

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According to Aleksei Repik, the republic has its own characteristics. This is the largest subject of the Russian Federation, with its inherent climatic conditions, ecosystem, and infrastructure. "Despite these features, investors are ready to go to Yakutia," he said. Foreign investors show special interest. According to the guest, Yakutia is always in the top three regions-leaders in terms of investment attractiveness.

- In Yakutia there is a very strong business community and there is an understandable and constructive dialogue of the business community with the authorities. When summing up the results of the next National Rating, Yakutia will definitely have progress at the rate set by Egor Borisov. I see concrete directions, which are being improved,- Repik said.

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According to the head of the republic, the business of Yakutia has much to grow. In conditions when 80% of consumed products are imported from outside the republic, the business has scope for doing business. Moreover, the authorities of the republic have determined the priorities of development - the development of local production and the fight against poverty.

"We will move away from the monopoly of the state and municipal enterprises in the housing and communal sector, which is going to be a very big support for business," the head of Yakutia expressed confidence. The guest agreed with the opinion of the head, noting that almost always the monopoly is less effective than the competitive environment.

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In addition, Repik positively assessed the efforts of the republic's authorities to involve small and medium-sized businesses of Yakutia in working with large companies. Egor Borisov gave an example - the interaction of small businesses with ALROSA in various forms, including outsourcing. This applies to any service, starting with the supply of drinking water.

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During the event, it was noted that work is being done in the republic to increase investment attractiveness: Advance Development Zone on the basis of small business, the only one in the Far East, tax preferences, measures are being taken to facilitate the access of small and medium-sized enterprises to state purchases, and to reduce the time for issuing permits.

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Following the meeting, the head proposed to create a Public Council consisting of representatives of small and medium-sized businesses that would make proposals to improve the situation on doing business in the republic. Egor Borisov instructed the government to create new effective mechanisms to support business in the region.

Photo by Maria Vasilieva, YSIA

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