The draft law as to the revival of the Reni port was given by Maxim Stepanov to the Cabinet of Ministers

31 May 2018, 13:10
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In the area of the Rhine port, investors can be granted tax incentives for large-scale projects and port infrastructure development. To this end, the Odesa Oblast State Administration together with the "Administration of Sea Ports of Ukraine" have drafted a draft on amendments to the Law of Ukraine "On the Special Economic Zone" Reni "and the Tax Code of Ukraine. The head of the Odessa regional state administration Maxim Stepanov handed over these documents to the Prime Minister Volodymyr Groysman.

"If the bill is supported, the investors will not pay the tax for the first three years, then three years of taxation will be partial - only half of the total. After six years - taxation on a general basis. This is about large investors. We also propose extending the term of the special economic zone until 2040, because in recent years it existed only on paper in the port of Rhine. All this should be an impetus for development ", - said during the Ukrainian Ports Forum-2018 chairman of the Odessa regional state administration Maxim Stepanov.

The regional shareholder also noted that the total area of the special economic zone of the port of Rhine is about 94 hectares, but currently only one third of it is used. That is why this territory should be of interest to large investors in the presence of tax privileges. In turn, Vice Prime Minister of Ukraine Volodymyr Kystion noted that the bill should receive support from the Government.

"The questions raised by the head of the Odessa region regarding a free economic zone for the restoration or resuscitation of the port of Rhine is absolutely supported by the Government. Because in our difficult economic conditions there must be creative approaches to ensure the efficiency of the work, including in the port of Rhine, which, unfortunately, is, for various objective and subjective reasons, in an unfavorable state. We will definitely find the right solutions ", - stressed Volodymyr Kustion.

It should be noted that the indicators of cargo handling of the State Enterprise "Renaissance Sea Commercial Port" in the last years are significantly reduced. If in the 90 years the volume of goods was 10.5 million tons, then in 2017 it was already 0.2 million tons. Also, the enterprise continuously increases wage arrears and decreases the number of staff members.

Recall the special economic zone "Reni" in the territory of the Reni Maritime Trade Port was established in March 2000.

Certificate. Special economic zone - territory within which the special law of Ukraine establishes and operates a special legal regime of economic activity and a special procedure for the application and operation of the legislation of Ukraine.