Crimea as Russian offshore zone?

Crimea as Russian offshore zone?
Sergey Aksyonov Photo: Alexander Miridonov / Kommersant

According to the Minister of Economic Development of Crimea Andrey Melnikov, the region may become self-sustaining in 4 to 5 years.

The authorities of the Crimea are discussing the project of creating an offshore zone in the republic, reported RBC with reference to the head of the region Sergey Aksyonov. He said that the project is under discussion by strategic ministries, in particular, the Ministry of Economy.

"The suggestions came from the deputy corps, from the members of the Federation Council, and from the government of the Russian Federation – to find a convenient option that has not yet been implemented anywhere and which can be first used in the Crimea. So far, we have not come to a mutual understanding," Aksyonov said on the sidelines of the Yalta International Economic Forum.

According to the Minister of Economic Development of Crimea Andrey Melnikov, in 4 to 5 years, the region will be able to become self-sustaining. "Maybe sooner, maybe longer. Most likely, the result of this year will give a more or less accurate estimate. We see that taxes are growing; we see how the investment potential is accumulating. Depending on these rates, we will understand where we are going from the point of view of a non-bonus development," Melnikov said.

He added that now the priority task is to level the infrastructure security of the Crimea in relation to other regions of Russia. "The current year is the first quiet year in the development of the Crimean economy. At the beginning of the last year, there still was the energy block. The situation, strictly speaking, calmed down by the middle of the last year," the minister concluded.

Chairman of the Council of Ministers of the Republic, Vitaly Nakhlupin said that the government of the Crimea will develop rules for the construction of coastal areas. "We are working: 6 thousand, 9 thousand, 12 or 15 thousand objects [planned to be demolished – Kommersant] - this figure is still to be specified. Unfortunately, they are not yet structured, they are not divided into categories and groups," Nakhlupin said.

According to him, the authorities would like to offer clear rules to investors, developers and property owners. "We, of course, are working to ensure that the ultimate consumer does not suffer – the population that bought those ‘non-standard’ construction projects that are now there. With them, obviously, there will be work in terms of the compensation value," the Chairman said.

The third anniversary of joining the Republic of Crimea and the city of Sevastopol to Russia was celebrated on March 18. According to VCIOM (Russian Public Opinion Research Center), the euphoria of that time completely disappeared: today the peninsula, in the perception of the majority of Russians, has turned into an ordinary subject of the federation.

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