Russia
Russia currently has 16 federal economic zones and several regional projects.
As of March 2010 Russia's federal special economic zones host 207 investors from 18 countries. There are major MNCs among investors to Russia's SEZ, such as Yokohama, Cisco, Isuzu, Air Liquide, Bekaert, Rockwool and many others.
Russia’s 15 existing and to-be federal special economic zones are managed by OJSC "Special Economic Zones".
OJSC "SEZ" was founded in 2006 to accumulate and implement world's best practices in developing and managing SEZ and promote Foreign direct investment (FDI) in the Russian economy. It is fully owned and funded by the Russian state.
Federal economic zones in Russia are regulated by Federal Law # 116 FZ issued on July 22, 2005.
Read more about this topic: Special Economic Zone
Famous quotes containing the word russia:
“Todays difference between Russia and the United States is that in Russia everybody takes everybody else for a spy, and in the United States everybody takes everybody else for a criminal.”
—Friedrich Dürrenmatt (19211990)
“A fool may be a dangerous customer, but the fact of his having such a vulnerable top-end turns danger into a first-rate sport; and whatever defects the old administration in Russia had, it must be conceded that it possessed one outstanding virtuea lack of brains.”
—Vladimir Nabokov (18991977)
“In my opinion it is harmful to place important things in the hands of philanthropy, which in Russia is marked by a chance character. Nor should important matters depend on leftovers, which are never there. I would prefer that the government treasury take care of it.”
—Anton Pavlovich Chekhov (18601904)