Selection Order of Investment Projects

Responsible authority

Issue under review

Reviewing period

Selection of investment projects to be implemented in “Angren” FEZ

The Directorate

Reviewing submitted investment application of the project to be placed within the territory of the FEZ attached with other required documents, with further submission to the administrative council and expertize center of contracts

2 business days

Expertize center of projects

The expertize determines the economic feasibility of implementing the investment project, as well as its compliance with the requirements provided in Law "On special economic zones".

20 business days

The Directorate

The investment application and the documents attached to it, together with the conclusion of the expert institution, are sent by the directorate of the special economic zone to the administrative council of the special economic zone for consideration within two business days.

2 business days

Administrative Council

The administrative council of the free economic zone (FEZ) starts considering the investment application and documents attached to it only if there is a positive opinion of the expert institution.

The administrative council of the FEZ shall decide on the implementation or inappropriateness of the implementation of the investment project. The decision is made by a majority of the total number of members of the administrative council of the FEZ.

The decision of the administrative council of the FEZ is drawn up in the protocol that is signed by members of the administrative council of FEZ and approved by the chairman of the administrative council.

If a decision is made to provide land to a participant in the free economic zone for the implementation of the investment project within one day from the date of approval of the protocol by decision of the administrative council of FEZ by the relevant mayor of the region or the mayor of the city, a decision is made on the provision of land plot.

5 business days

The Directorate

An extract from the protocol and a copy of the decision on the provision of a land plot (if there is such a decision) are sent by the directorate of the special economic zone to the investor who submitted the investment application within one business day from the date of approval of the protocol.

1 business day