According to a representative of Norilsk Nickel, in order to accelerate the development of the Arctic zone of the Russian Federation, the government should consider the possibility of providing tax holidays for companies that build social facilities in this region.
“We built Aika. This is the largest sports complex in the Arctic. We spent 3.6 billion rubles, maintenance costs 120 million rubles, 80 million rubles in taxes. Maybe for companies located in the Arctic zone, tax holidays could be introduced, for example, for five years,” TASS quoted Norilsk Nickel vice-president Andrei Grachev as saying at the St. Petersburg International Economic Forum.
According to him, in the Arctic, the construction of housing is low-marginal, high-cost: 1 sq. m costs 249 - 315 thousand rubles. He also recalled that Norilsk Nickel is currently carrying out a large-scale renovation of Norilsk, which includes not only the construction of new residential areas, but also the construction of social facilities.
In total, the comprehensive development plan for Norilsk until 2035 involves investments of 120 billion rubles, of which more than 80 billion rubles are taken on by the company.
Theodor Lisovoy, Editor in Chief, Rough&Polished
