Forest plots in the Far East will be allocated through online bidding

The Far East Development Fund (FEDF) will develop a mechanism for the allocation of forest plots through bidding, similar to the electronic service for providing offshore zones for aquaculture. This was reported on Wednesday by Yuri Trutnev, Deputy Prime Minister and Plenipotentiary Envoy of the President of the Russian Federation in the Far East during the press conference to TASS Agency.

"We are going to introduce a similar mechanism [of forest plot allocation by analogy with the provision of offshore zones for aquaculture], I think, it will be much more difficult for a number of reasons, but this task must be accomplished. The Far East Development Fund will do that," said Trutnev. He recalled that the online service for the provision of offshore zones for aquaculture was launched in 2018.

Aquaculture offshore zones
The federal budget received three times more funds from the provision of offshore zones for aquaculture in the Far East than it was planned, owing to the tendering opportunity provided by the dedicated online service, reported Trutnev.

"What new mechanisms did we introduce in 2018? It is the online service for the provision of offshore zones for aquaculture. We consider it to be important: the service is transparent, and as of today, the right to use 39 zones with an area of about 9 thousand hectares has already been exercised. Revenues to the federal budget are approximately three times higher than the starting price precisely due to the fact that competitive tendering is held," he said.

The system of allocation of offshore zones for growing seafood and fish using electronic auctions was introduced in Russia in 2018. In total, using this system in the Far Eastern Federal District, it is planned to put into circulation 100 thousand hectares of offshore zones by 2021. According to the Far East Development Fund, this will allow attracting about 10-15 billion rubles of investments in the fish farming industry.

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