The Penza region aims at creating a favorable investment climate in the region and providing coordination of the public involvement in the investment processes.
For this purpose there has been created Penza Region investment portal (https://investinpenza.com/en/home/?lang=en)
Penza Region Development Corporation' provides 'one-stop shop' (http://krpo.ru/en/one-window) support for investment projects. This principle allows to make the implementation of investment projects much easier, reduce administrative barriers and paperwork burden, speed up the process of getting information. The aim of PRDC is to provide a comfortable interaction between investors and government representatives.
There is promising investment legislation in the Penza region, establishing all forms of state support of investment activity. According to the regional legislation investors can rely on the following state support:
- Tax benefits;
- Partial compensation of interest rates on loans;
- Assistance in the construction of infrastructure to the borders of the object;
- Patronage Certificate of the Penza region Governor' giving a special status to the project and also hepling to avoid violations in promotion investment projects in various instances.
Industrial parks refers to specialized sites for business, provided with energy, infrastructure and the necessary administrative and legal conditions for launching new production, in other words, these are package deals on turnkey basis for investors.
Three industrial parks are being established in the Penza region including agricultural one.