Donetsk, Oct 20 — DAN. Donetsk People’s Republic parliamentarians have allowed investors to lease socio-cultural and utility infrastructure facilities without the standard bidding procedure, the press service of the regional parliament said on Friday.
“The parliament has amended the law on investment policy and state support of investment activity in the DPR, ” the press service said adding that the measure, effective until January 1, 2028 would facilitate the implementation of large investment projects in the Republic.
In late June, Russian President Vladimir Putin signed a federal law on launching a free economic zone in the Donetsk and Lugansk People’s Republics and the Zaporozhye and Kherson regions. The FEZ will operate until January 31 2050. The Territorial Development Fund was appointed the FEZ managing company.*jk