Transcript ИНВЕСТИЦИОННАЯ ПРЕЗЕНТАЦИЯ ПРИДНЕСТРОВ

INVESTMENT
PRESENTATION OF
THE PRIDNESTROVIAN
MOLDAVIAN
REPUBLIC
TABLE OF CONTENTS
General information
State system
Power Supply and Gasification
PMR
Transport Infrastructure
Agriculture and Industry
Touristic-Recreational Opportunities
Regional Peculiarities of Investment
Policy
 The Pridnestrovian Moldavian Republic (Pridnestrovie)
is a state located in the south-eastern part of Europe
which occupies the left bank of the Dniester River
within the borders of the former Moldavian SSR and a
number of localities on the right bank – the city of
Bendery with adjacent villages, as well as villages of
the Slobodzeya region such as Kopanka, Kitskany,

Mereneshty, and Kremenchiug
Pridnestrovie shares borders with the Republic of
Moldova on the west (411 km) and Ukraine on the
south-east (405 km)
 Landlocked
 Total square is 4163 km² (10% of the territory of the
MSSR)
Population – 522 500
1. Moldovans – 31,9%
2. Russians – 30,4%
3. Ukrainians – 28,8%
31.9
32
31
30.4
30
28.8
29
28
27
Official Languages
Moldovan, Russian, Ukrainian
Monetary Unit
Pridnestrovian Ruble
1 ruble = 100 kopecks
Administrative-Territorial System
Tiraspol
Bendery
Slobodzeya
Dnestrovsk
PMR
Dubossary
Grigoriopol
Kamenka
Rybnitsa
PMR’s State System
The Pridnestrovian Moldavian Republic is a
Presidential Republic
President of the PMR
Head of the State, Guarantor of the PMR’s Constitution
and Laws, Human and Citizens’ Rights and Freedoms,
the Commander-in-Chief of the Armed Forces of the
Pridnestrovian Moldavian Republic
State Powers of the PMR
Executive
Judicial
• Government
Legislative
• Constitutional
• Arbitration
• Supreme Council
Consists of 43 deputies
• Supreme
• Courts of general
jurisdiction
• Chairman of the
Government
• Vice-Chairmen of
the Government
• Ministers
• Heads of Public
Administrations of
Towns and Regions
Power Supply
Installed capacity is 12
energy blocks,
makes up 2520 MW
Major fuels are gas and coal
Export power energy to the
CIS- and far-abroad countries
Dubossary
GES
Installed capacity makes up
48 thousand kW, annual
average output - 260 mln.
kWh.
Gasification of Pridnestrovie
97%
localities
of the PMR
are gasified
85%
Dwelling
houses
192 300
Dwelling houses
and apartments
are gasified
about 4.2 thousand
km of high-,
medium- and lowpressure gas
pipelines
are maintained
Transport Infrastructure
two trunk highways
of international
significance
three gas mains
Territory of Pridnestrovie
two international
trunk railroads
Transport Corridors
IX Pan-European
Transport Corridor
comprises road and railroad
components
main route’s length – 3 400 km,
total length – 6 500 км
Transport Corridor
Gdansk-Odessa
Corridor’s length – 1816 km
across Ukraine: railway line – 918 km
highways – 1208 km
Cargo Ports
Black Sea Cargo Port
in Ilyichevsk
(Ukraine)
about 150 km from Tiraspol
Reni Port
(Ukraine)
Giurgiuleşti Port
(Republic of Moldova)
on the Danube
(about 300 km from Tiraspol)
on the Danube
(about 300 km from Tiraspol)
Raw Materials Base for
Construction Activities
Pridnestrovie features its own base of raw
materials:
cement, limestone, sand, gravel and others
Republic has functioning enterprises
JSC Moldova Steel
Works (Rybnitsa)
CJSC Rybnitsa
Cement Plant
JSC Moldova Steel Works
marketable continuous cast steel billets with cross section area 125x125
mm and length 8000-12000 mm
round bars in rods (diam.10-22 mm) and in coils (diam.5.5-14 mm)
reinforcing bar in rods and coils with nominal diam. 6-40 mm
wire rod for production of fasteners by cold heading (test lots)
shape steel-rod stock (equal angle bars of 25 mm; 32 mm; 35 mm; 40
mm; 45 mm; 50 mm according to CIS and major international standards DIN, ASTM, BS, EU etc., steel channel №5)
CJSC Rybnitsa Cement Plant
Agriculture
Pridnestrovie has rich fertile lands, favourable
climate conditions, sufficient water resources
(the River Dniester) for land reclamation, large
number of sunny days per year (the average
July temperature is +21 C) and moderate
winter temperature (average January
temperature is -5 C)
Agriculture concentrates today 275,0
thousand ha of farmland, 230,2 thousand ha
(83,7%) of which is arable and 21,0 thousand
ha (7,6%) is occupied by perennial plantings.
Traditional and Priority Agricultural
Sectors of Pridnestrovie
vegetable
growing
gardening
growing of
grapes
tobacco
beet
seed
production
livestock
farming
Challenges for Agricultural
Infrastructure Facilities
restoration and modernization of water mains of the reclamation system
establishing new and maintaining available centers for cereal, vegetable and
fruit breeding
formation of general republican structures for animal breeding, diary
husbandry and poultry farming
creating plant protection and veterinary centers
opening of machine and tractor centers
establishing the system of crop insurance
futures lending and provision of financial services for purchase of agricultural
equipment and leasing
creating new and modernizing old enterprises for processing and
conservation of agricultural products
Why Pridnestrovian Agriculture Is
Investment-Worthy
free market of home-produced foodstuffs.
Pridnestrovie imports over 11.4% of
foodstuffs (73.7% of the volume of realized
food products in the domestic market).
Their volume makes up about 200 mln.
U.S. dollars
existing rich traditions and production
experience in vegetable growing,
gardening, growing of grapes and wine
and cognac production
Sectors of Industrial Complex
Power energy
Iron and steel industry
Light industry
Building materials industry
Machinery and metal working
Electro-technical
Chemical
Woodworking
Furniture
Printing
Vitreous
Types of Industrial Products
Pridnestrovian Industry comprises
144 enterprises
Power energy
Apparel
Big electric
machines
Low-voltage
equipment
Cable products
Cotton fabrics
Rolled steel
products
Pumps
Cement
Fiberglass and
fiberglass products
Furniture
Footwear
Equipment for foundry
Electric insulating
materials
Touristic-Recreational Opportunities
of Pridnestrovie
Dniester Health Resort in Kamenka
Dnestrovskie Zori Recreational Complex
Health Resort “Dniester”(Kamenka)
The health resort is located on the very bank of
the Dniester. Parkland occupies more than 20
hectare and is surrounded by a hundred-meter
rocky hill which fosters special climate
conditions.
.
It is a large specialized balneo-climatic health resort. This region
is often called little Switzerland. Here one can find a successful
combination of mountain and river air, mild winters, continuous
warm summer, barometric pressure and relative humidity perfect
for health improvement and proper rest.
Diagnostic and treatment base of the health resort features all
necessary modern methods of treatment and diagnosis. The main
factors for good rest and fruitful treatment are aerotherapy, air
and sun bathing, swimming in the water of the Dniester. Directly
on the territory of the health center there is a functioning well of
medical-mineral water “Dnestryanka”.
Recreational Complex
“Dnestrovskie Zori”(“Dniester Dawns”)
Health complex is located on the bank of the
Dniester River in the village of Mereneshty,
between Tiraspol and Bendery.
Plenty of sunny days, picturesque forest area, clear river air of
the Dniester valley and available natural springs of mineral water
of the “Truskavets” type create excellent conditions for rest and
treatment.
Health complex occupies 50 hectare of forest, has four doublestored capital residential buildings with rooms equipped with all
modern conveniences. Main treatment features of the “Dniester
Dawns” health center are climatotherapy and balneotherapy based
on the use of natural mineral water.
Chemical effects of the mineral water on the organism are directly
connected with the presence of hydrogen sulfide, sulfates, chloride
of sodium, iodine, bromine, and calcium in it.
Natural and Cultural-Historic
Monuments of Pridnestrovie
Grigoriopol Region
Glinoye Village –
building of the
Polish church of
1846
Karmanovo
Village – building
of the Protestant
Church of XIX c.
Teya Village –
building of the
church of XIX c.
Malayeshty
Village – nature
reserve
Slobodzeya Region
Chubruchi Village –
National Park
of Landscape Art
named after D.K.Rodin
(1958)
Kitskany Village –
Novo-Nyamensky Monestary
Complex
Turunchyuk island
(area - 8 800 га), Turunchyuk
River, rapids – opportunities for
sport fishing, active leisure
Kapi Lake
Dubossary Region
Nature Reserve
“Yagorlyk”
Rogi Village – rocky
monasteries
Rogi Village- Kochiery
Village (river band, left
bank) – opportunities
for hang-gliding
Novaya Lunga up to
Grigoriopol - canyon,
Tamashlyk Valley
with a waterfall
Kamenka region
Oknitsa village Scythian burial
mound, II century
B.C.
Rashkovo village
Nature Reserve –
natural landmark
“Deep Valley”
Krasnaya (Red)
Mountain
(opportunities for
hang-gliding)
Village Valia-Adynke –
Cave of Ustim
Karmelyuk
Rybnitsa Region
Vykhvatintsy village
• Rock shelter of the Paleolithic age, 350 B.C. – the oldest early men site on the territory of
the PMR, one of the few sites of this period in Eastern Europe
• Mafteya Ravine (area of 70 ha) is accumulation of instruments of labour of the Stone Age
man
• Tripolye. Memorial sign near the burial ground. Monument to one of the most prominent
cultures of the Ancient World.
• Building of the music school named after G. Rubinstein. The year of construction – 1901
(1829-Russian composer was born in the village of Vykhvatintsy; 1901-music school was
built; 1979-museum was opened).
Stroentsy village
• The Tower of Winds is the monument to Field-Marshal Peter Wittgenstein erected by his
granddaughter Emilia Trubetskaya, XIX c.
• Terraced vineyards built by Trubetskoy family in the middle of the XIX c.
• The Mill is the monument of the XIX c., one of the most advanced constructions of that
period. Swiss equipment.
• The Church, built in 1829 on the means of P. Wittgenstein
• “Stroyenetsky Ravine” – 1200 ha (stretched from the village of Yantarnoye to the village of
Belochi): sinkhole, waterfalls, brooks, rocks of peripheral part of reef formations of
limestone of different colours, springs with hydrogen sulfide and iron oxide.
Belochi village
• Watermill on the small river Zolotaya (Golden) is a construction of 1884-1894;
mechanisms of unique construction are from Zurich (Switzerland)
• Stone Cross – a monument to fallen Cossacks in 1675
• Building of the stable and kitchen of Matkovsky’s estate (ice storage room, cellar) – a
monument of XVIII - XIX cc.
Rybnitsa Region
Villages of Popenki and
Zozulyany - ancient
villages, ethnographic
tourism is possible
Village of Bolshoy
Molokish: canyon, springs.
Dialect of the Moldovan
language - opportunities
for ethnographic tourism
Voronkovo Village:
preserved traditions of
carpet weaving and
folklore
Butuchany Village: nice
recreation area. Place
opportunity for children’s
camp.
Foreign investors in the PMR
Foreign states
International organizations
Foreign legal persons
Foreign citizens and, in cases expressly provided by the
legislation, stateless persons
Investment funds functioning on the territory of the PMR and
carrying out investment activity based on attracted foreign
capital
Types of Investment
freely convertible or other foreign currency
which is the object of operations carried out
by banks and investment funds
machines and equipment
property and non-property rights transferred
by an investor, including the right to
intellectual (industrial) property
Capital Expenditures
of Organizations according to Forms of
Property
2011
20%
private ownership
49%
31%
foreign ownership
state ownership
Competitive Advantages
of the PMR
Convenient transport and geographic location
which favours the development of industrial and
agricultural potential
Important road and railroad main lines and gas
lines running through the territory of Pridnestrovie
and linking Russia and Ukraine with countries of
Eastern and South-Eastern Europe
Republic’s location in the area with high agroclimatic and biological and soil potential
Availability of extensive production infrastructure
and highly qualified personnel
PMR’s Investment Legislation
Law on Investment Activity
Law on Foreign Investment on the Territory of the Pridnestrovian
Moldavian Republic
Law on Tax on Income of Organizations
Law on Customs Tariff
Law on State Support to Innovation Types of Activity
Customs Preferences
customs benefits when importing property – for those enterprises whose share of
foreign investment in the registered fund (capital) makes up no less than 30% and
amount of foreign investment in the registered fund (capital) of the enterprise is more
than 10 thousand U.S. dollars, or the sum of foreign investment in this enterprise
exceeds 25 thousand U.S. dollars, regardless of the share amount in the registered
fund (capital) of the enterprise
exemption from payment of customs duty, excise duty and import tax on tangible
and intangible assets imported by a foreign investor to Pridnestrovie as a
property deposit when forming or increasing registered capital of the enterprise
customs benefits in the form of tax-free import of goods, works and services for own
production and export of goods, works and services of own production – for those
enterprises whose share of foreign investment in registered capital makes up no less
than 30% and the sum of foreign investment in registered fund exceeds 50 thousand
U.S. dollars, or the sum of foreign investment in the enterprise exceeds 150 thousand
U.S. dollars regardless of the share amount in the registered fund
Tax Preferences
Organizations with foreign investment with more than 50% of revenue
from sales of products (works, services) of own production are entitled,
during 5 years after receiving the first income from sales of products
(works, services) of own production, to reduced tax rate on income from
sales of products (works, services) in the following amounts, depending
on the amount of actually introduced foreign investment in the registered
found (capital) of organizations:
by 10% - when amount of investment is between 10 000 U.S.
dollars and 250 000 U.S. dollars
by 30% - when amount of investment is between 250 000 U.S.
dollars and 500 000 U.S. dollars
by 50% - when amount of investment is more than 500 000 U.S.
dollars
Preferences for Investors
in Innovation Types of Activity for the Period of:
10 years – in case of actual or planned investment in the building and (or) reconstruction
of objects, purchase and adjustment of equipment as part of implementation of the
registered innovation project of no less than 1.7 mln. Euros and creation of additional
jobs with average number of employers of no fewer than 80 people
5 years – in case of actual or planned investment in the building and (or) reconstruction
of objects, purchase and adjustment of equipment as part of implementation of the
registered innovation project of no less than 0.85 mln. Euros and creation of additional
jobs with average number of employers of no fewer than 50 people
3 years – in case of actual or planned investment in the building and (or) reconstruction
of objects, purchase and adjustment of equipment as part of realization of the registered
innovation project of no less than 0.3 mln. Euros and creation of additional jobs with
average number of employers of no fewer than 20 people
up to 3 years – in case of actual or planned investment in the building and (or)
reconstruction of objects, purchase and adjustment of equipment as part of realization
of the registered innovation project of less than 0.3 mln. Euros and creation of additional
jobs with average number of employers of fewer than 20 people
Areas of Investment Activity
additional preferences for economic activity in the industrial sector, in the field of
new technologies, in the sphere of processing of agricultural products (in the form
of tax holidays for newly established manufacturing enterprises and free economic
areas for depressive regions and localities)
shaping precise and stable legislation defining organization and conduct of
business, introduction of simplified and preferential tax regimes for economic
entities developing and implementing new types of production and IT technologies
drawing up simpler and faster administrative procedures for approval of new
investment projects to be launched
conclusion of direct agreements with investors on mutual and stable
commitments to ensure state support of major investment projects providing
for obligations for allocation of land, supply with infrastructure
communications and tax incentives – on the part of the state, and obligations
to create jobs, ensure volume of production and provide employment in the
specific territory – on the part of the potential investors
protection of investors from monopolists
abusing their dominant market position
final formation of existing normative-legal acts
suggesting the possibility of building an
efficient “business-state” tandem based on
partnership, with sectors of production having
all forms of ownership, not only state or
private, since withdrawal of the state from all
sectors of economy is unreasonable
reforming accounting and financial reporting in
compliance with international standards and that of
the Russian Federation
final formation of transparent rules of carrying out foreign
economic activity, simple, fast and open procedures of
customs clearance and control over movement of goods
across the border
introduction of “good conduct of activity” criteria for
economic agents, according to which subjects
(investors) with positive image of economic activity can
get the so-called “green corridor” at all government
authorities in order to minimize expenditures on relevant
procedures, inter alia during customs control
attraction of foreign investments in the economy of the
state by creation under auspices of the Ministry of
Foreign Affairs of the Pridnestrovian Moldavian Republic
of the network of Pridnestrovian trade-economic
representations using opportunities of legal systems of
hosting countries