08.02.2021The Ulyanovsk Region will host a meeting of the Foreign Investment Advisory Council
Ulyanovsk Region has become one of the largest aviation construction centres in Russia
LE BOURGET 22 July. At the 49th international air and space show Ulyanovsk Region presented itself using the slogan Ulyanovsk is Ready for Take Off. "Our region has become one of the largest aviation construction centres in Russia", declared Ulyanovsk Governor Sergey Morozov, who has made aviation a priority sector of the region's economy, at the presentation of the Ulyanovsk Region exhibition at Le Bourget today. He noted that the region has become one of the leading producers of civil aircraft among Russian regions and is building strength to become Russian aviation capital.
The Governor announced that two types of international level infrastructure aviation sites were being developed to attract foreign companies and business structures in the Russian aviation industry. This includes a communication platform for the international transport industry, which is being implemented based on the International Air Transport Forum, which took place in Ulyanovsk in spring with over 1,000 participants from 12 countries.
The second important platform is the investment platform, where the Region together with international companies and the Russian United Aircraft Corporation implements projects for making the aviation industry the most important economy sector. The key mechanism for doing this is the Special Economic Port Zone (SEPZ), which has unique conditions for developing aviation in terms of investment and taxes.
At the end of the presentation two agreements were signed between the region and foreign partners. The first was concluded with Advanced Business Events regarding partnership in holding in 2012 the international business forum AEROMART-2012, which will take place during the second international air transport forum in Ulyanovsk.
The second agreement was for the development of a Service and Repair Centre for Russian and foreign aircraft based at the SEPZ, with 18 million dollars investment.