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Kaliningrad:
A Russian Region,
A European Opportunity |
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The Kaliningrad region is a special region of Russia with a number of unique competitive advantages for deployment of industrial enterprises in
its territory and for implementation of investment projects.
- Rapidly developing region, showing stable economic growth.
In 2004, the growth rate of the Kaliningrad gross regional product amounted
to 11.5 %, while the GNP growth across Russia made up 7.1 %. The growth of industrial production in the Kaliningrad region was 25.8% (average in Russia
6.1%).
- Strategically
favourable geographical position between Russia and the European Union.
The territorial proximity to European business centres and the long
experience of development, as one of industrial centres of the Russian North-West, have provided the material basis for transformation of
the Kaliningrad region into an advanced post of integration of Russia in the European economy.
- The special economic and taxation regime, established
by the Federal legislation.
On 10 January 2006, the President of Russia signed new Federal Law on the Special Economic Zone in the Kaliningrad Region, which stipulated the legal and economic framework
for functioning of the Special Economic Zone in the Kaliningrad region.
- Developed transport infrastructure and simplified regime for traveling
to/from the adjacent EU countries, and for movement of freights.
There are three ice-free seaports in the Kaliningrad region, an airport
for international and internal transportation, motor roads, and railways.
- Availability of skilled competitive labour.
The large number of tertiary
educational institutions and the research centres with highly skilled staff has generated a high scientific and technical potential of the region.
- Advanced external economic relations.
Dynamics of development of
foreign economic relations testifies to gradual transformation of the region into a large centre of export/import transactions. About 300 enterprises
in the region are currently exporting their products to more than 70
countries
over the world. The main items of export are oil, fish products, ships and boats, fertilizers, cellulose, inorganic chemicals, ferrous and
nonferrous metals and products thereof, paper and cardboard, machine tools, machines, and other equipment.
- The region has significant reserves of natural
resources.
The world-largest deposits of amber (about 90 %) are located in its territory. There is high-grade low-sulphur petroleum. Its
annual production reaches 0.8-0.9 million tons and can be increased to 1.5-2.0 mill. tons. There are
considerable deposits
of lignite estimated at 1.5 billion tons, peat (2.5-3 billion tons, 'extra-grade' rock salt deposits estimated at several dozen tons, mineral
water sources with the contents of mineral salts up to 50 g/litre.
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