The regular session of the Board of FEZ and the Special Mode of Investment Activity in Donetsk Region took place on the 27th of March 2003.

The Board approved 5 investment projects to the sum of $46.3 million: The project "The modernisation of the blastfurnace № 6 on basis of implementation of process control system" at JSC "Metallurgical industrial complex "Azovstal" to the sum of $21.9 million; The project "The organisation of the powered support's production" at JSC "Druzhkovskiy engineering plant" to the sum of $ 18.8 million; The project " The preparation and the finalising of the resources of the 5th Southern longwall of the block № 6 and the 2nd Northern longwall of the block №5" at the JSC "Mining Company "Krasnoarmeyskaya Zapadnaya №1 Mine" to the sum of $5.1 million ; The project "The reconstruction of the cement production" at JSC "Kramatorskiy cement-slate industrial complex "Pushka" to the sum of $4.2 million; The project "The organisation of the output and operation of cargo railway transport" at JSCC "Firm "Azovobschemash", Mariupol to he sum of $2.1 million.     The total amount of the anew-created working places is 1884, and also 1909 working places will be saved.     On the six already approved projects, which are realised in the 5 branches of the national economy, the increasing of the investment sum to the amount of $20.5 million was approved.     Moreover, Board of FEZ cancelled the operation on 14 investment projects to the sum of $47.6 million because of failure to execute the investment liabilities by applicants.