JSC "Development Corporation of the Chechen Republic"

In order to develop favorable conditions for attracting investments into the economy of the Chechen Republic and on the basis of the decree of the Government of the Chechen Republic dated December 30, 2016 No. 356-r, a specialized organization was created – JSC "Development Corporation of the Chechen Republic" (hereinafter referred to as the Corporation).

The main activities of the Corporation are:

• evaluation and selection of priority investment projects proposed for implementation in the Chechen Republic;
• financing and co-financing of investment projects, including infrastructure;
• assistance to investors in the selection of vacant land plots and investment sites for the implementation of investment projects;
• formation and maintenance of registers of investment sites, industrial (industrial) parks and residents of industrial (industrial) parks of the Chechen Republic;
• assistance in the development of infrastructure of special economic zones, industrial (industrial) parks and other development territories on the territory of the Chechen Republic;
• provision of a "one-stop shop" regime for investors when interacting with executive authorities, local self-government bodies of municipalities of the Chechen Republic, territorial bodies of federal executive authorities in the Chechen Republic, including in obtaining approvals and permits in accordance with the legislation of the Russian Federation;
• assistance to the development of small and medium-sized businesses in the Chechen Republic;
• interaction with federal executive authorities, executive authorities of the Chechen Republic, business community organizations on the development of the production infrastructure of the Chechen Republic and the implementation of investment projects in the Chechen Republic;
• interaction with the development institutions of the North Caucasus Federal District on the implementation of investment projects;
• ensuring the filling, updating and functioning of the Investment Portal of the Chechen Republic;
• promotion of investment opportunities and projects of the Chechen Republic, in Russia and abroad (including through conferences, exhibitions, forums);
• development of international cooperation in the field of investment;
• assistance to investment entities in the development of business plans, feasibility studies of investment projects, investment proposals and other documentation for the implementation of investment projects;
• provision of consulting services on mechanisms for obtaining state support measures by initiators of investment projects (investors);
• etc.