The regulations for the procedure of providing investment quotas are very strict. In particular, it is impossible to change general construction contractor — Oleg Myachin, General Director, Trier.
We can see three types of serious risks. The first one is related to the fact that a considerable part of vessel construction projects will be a little behind the schedule. <…> There is another one. According to the decree of the Government of the Russian Federation, starting 1 July 2020, only vessels with primary engine produced in Russia will be recognized as built at Russian shipyards. Here is the question: as a result of the auction announced on Monday, 46 crab boats are to be constructed. We understand that for all these 46 crab boats keels are to be laid over the next 10 months, by 1 July 2020. Otherwise there is a risk that this vessel will not be recognized as built at a Russian shipyard. <...> The second <…> risk is about untimely provision of investment quotas. <…> However, the main <…> risk, particularly for investors, is withdrawal of a quota. And the upcoming five-year investment plan can become the period of withdrawals — German Zverev, President, All-Russian Association of Fisheries Enterprises, Entrepreneurs and Exporters .
The first [question, – Ed.] is that people have built plants but have failed to put them into operation; and we are discussing who is responsible for this. As a result, they lost their quotas. It is partially related to the fact that when the commission came to accept the plants, the fishing season was almost over. We had two such cases. And another one, when, for example, investor won a quota for squid, while the Federal Agency for Fishery does not include squid into the fish products category. This means that no quota is issued for squid. As a result, return on investment and plant utilization rate are going down — Leonid Petukhov, General Director, Far East Investment and Export Agency.
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