NEWS
| 20 Apr.2000 | BOARD OF THE SPECIAL ECONOMIC ZONES IS GUIDED BY PRINCIPLE IN THE CONFIRMATION OF THE PROJECTS.
At the meeting of the Board of Special Economic Zones and Special Mode for investment activity in the Donetsk region, which was held 20.04.00, five investment projects were reviewed. Joint Venture LLC "Digital Ņellular Communication of Ukraine"-"Development Systems for Fixed Cellular Communication in the Territory of the Donetsk Region" - 17,3 million USD, Closed Joint-Stock Company" Mospinskaya Poultry Farm" - "Recovery, Modernization and Exploitation of the Poultry Farm on Breeding of Broiler Chickens " - 2,5 million USD, LLC " Donetsk Center of International Trade and Business " - " Creation and Exploitation of a Hotel Complex with a Business Centre in Territory of Priority Development in Donetsk" - 2,2 million USD, LLC " the Firm Donbasskamyen" - "Organisation of Mining and Processing of Natural stone" -1,1 million USD, Filial of the Firm "Globex Inc." - "Granting of services in Plant-Cultivation - 1 million USD. From five of the reviewed investment projects one - " Organisation of a Mining and processing of a Natural Facing Stone" has not received the support of the members of the Board. The fact is that the stone quarries indicated by firm for mining of raw materials, are located outside of the limits of the Territory of Priority Development. As A.P. Kluev has said, not even good intentions do not provide an excuse to break the legislation. It is necessary to note, that all remaining projects may be, for the first time during the operation of law concerning Special Economic Zones, were not related to basic economic branches. |