Residents of priority development areas (PDAs) will be able to lease or own state and municipal property without holding tenders and use it to implement investment projects. The resolution on the procedure for transferring such property was signed by Mikhail Mishustin.Residents of priority development areas (PDAs) will be able to lease or own state and municipal property without holding tenders and use it to implement investment projects. The resolution on the procedure for transferring such property was signed by Mikhail Mishustin.

We are talking about the equipment and machinery that enterprises are equipped with on sites within the boundaries of the priority development area. Currently, such property belongs to the state, regions or municipalities. Now it can be transferred to the priority development area management companies and then leased to residents. After fulfilling investment obligations, residents will be able to buy such property and obtain ownership rights to it without holding an auction.

TOR is a special tool for territorial development, designed to stimulate priority sectors of the economy and attract new investors. Resident companies have access to a wide range of benefits and preferences, including the free customs zone procedure.