FSA and FEDC agreed to cooperate in increasing the investment attractiveness of the Far East
Within the framework of the Eastern Economic Forum, the Fishery Shipowners Association (FSA) and the Corporation for the Development of the Far East and the Arctic (FEDC) signed a cooperation agreement. The subject of the agreement is to increase the investment attractiveness of the fishery complex of the Far East, to assist investors in the implementation of projects for the construction of new mining and processing facilities.
The document was signed by FSA President Alexei Osintsev and Deputy General Director of the FEDC for the development of the fishery complex Ivan Novikov.
FSA members provide more than half of industry investments, the bulk of which is in the development of the fishery in the Far East. Investments in the fishing industry make a significant contribution to the socio-economic development of coastal regions: tax deductions increase, new jobs are created, and trade is growing.
FSA member companies are implementing projects for the construction of new fishing vessels, most of which are intended for fishing in the Far East. These investments serve as a driver for the development of the industry and the region, ensuring high efficiency and safety of the development of ABR, their deep processing on the territory of the country, expanding the range of fish products produced at coastal enterprises, increasing the tax return from business, and creating modern jobs.