OREANDA-NEWS. Last December there was held an extraordinary general meeting of shareholders of Special Economic Zones, OJSC, where its new Board of Directors was approved. For the first time the President and the Chairman of the Management Board of the Bank of Moscow Mikhail Kuzovlev has become the member of the Board of Directors of SEZ, OJSC.

Special Economic Zones (SEZ) is a federal network of special economic zones, the development of which is performed by SEZ Managing Company, its sole shareholder is the state. The project is implemented under the auspices of the Ministry of Economic Development of the Russian Federation. Out of 28 SEZs managed by SEZ MC, 6 specialize in industrial development, 5 - in technological innovation, 14 - in tourist and recreational business development, 3 - in the development of logistics and transportation units. SEZ Managing Company was founded in 2006. Special economic zones of Russia attracted 381 investors from 28 countries, the total amount of announced investments is 500 billion roubles. Among them are such multinational giants as Ford, 3M, General Motors, Armstrong, Yokohama, Air Liquide, Bekaert, Rockwool, Novartis, Nokia Siemens Networks and others.

Introduction of Mikhail Kuzovlev to the Board of Directors of Special Economic Zones, OJSC is caused by importance of providing effective crediting mechanisms for SEZ residents; implementation of measures for placement of state and municipal orders in order to expand the availability of participation in public procurement for SEZ residents; attraction of private investments into special economic zones.