24 Sep 2009 16:06

Special economic zone may be used on Yamal

SALEKHARD. Sept 24 (Interfax) - Russia may utilize the special economic zone mechanism on the Yamal Peninsula, Economic Development Minister Elvira Nabiullina said.

"Definitely the mechanism of the special economic zone may be used on Yamal," she said.

"We are currently working on expanding the use of that tool. It brings definite advantages, primarily for investment projects aimed at creating capacity to produce equipment," she said.

"We have already worked out that idea in detail for Murmansk and quite possibly that experience might extend to Yamal. We are ready for that," Nabiullina said.