Government approves regulation on small industrial zones

Small industrial zone is a territory, which includes set land area and production capacities, which has engineering and technical communication, the regulation said.

Industrial zones are created on the base of unused territories or production premises, which are owned by the government.

Local governments adopt decision on formation of the industrial zone and its profile, area and borders of the zones, etc.

Several territories and premises, located near to each others, can be united to one industrial zone, the regulation underlined.

The participants of the zones will be selected on competitive bases. The directions of the industrial zones will be created to manage their activities.