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News
08.08.2019
‘Agricultural Land Bank’ to Be Presented at EEF 2019

The new service will be presented at the fifth Eastern Economic Forum. An electronic map that investors can use to select a site to launch agricultural projects will be presented at an exhibition of the Ministry for the Development of the Far East and the Arctic.

«A single digital service for managing agricultural land will enable us to identify unused or improperly used land, to support the submission of applications for land plots, and to create unified databases and requirements. We should take a smart approach to the allocation of resources and not adhere to the principle of I dig wherever I want’», Minister for the Development of the Far East and the Arctic Alexander Kozlov said.

At present, roughly 1,900 agricultural land plots have been uploaded into the geoservice in the Amur Region and Primorsky Territory. Entrepreneurs will be able to use the map to choose a region, view the types of agricultural land in a municipality, and see what kind of sites they are and where they are located. A basic card on the land plots provides information on any inventory that has been conducted as well as photographs and a video with an overview.

«Available land is offered for cadastral registration and transfer to investors. Unused land implies plots for which lease agreements have been concluded, but the tenant is not fulfilling the terms of the contract. When such land is identified, a procedure is initiated involving the municipality to terminate the agreement and subsequently transfer the land to other investors. We have already determined that some land in the Far Eastern Federal District is not listed in the cadastre, while some is not being used for its intended purpose. There are roughly 2 million hectares of such land» said Alexander Pavlov, Director of the Project Management Department at the Far East Investment and Export Agency, adding that the company would also be conducting an inventory of land in other Far Eastern regions.

The fifth Eastern Economic Forum will be held in Vladivostok on 46 September. The exhibition of the Ministry for the Development of the Far East will include an Investor Services information desk that will present more than a dozen instruments which investors can use to learn how to get state support, finance a project, and become a resident of the preferential regimes of the advanced special economic zones or the Free Port of Vladivostok. The exhibition area will also include a zone for presenting economic sectors of the Far Eastern regions with an assessment of their investment potential. It will provide an opportunity to learn about projects that have already been completed as well as those that are in their initial stage. There will also be a Far East Lounge for the convenience of Forum participants.

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