The Project is aimed at improving the administrative procedures of investment. It helps the investors form a clear idea about interacting with Administration structural divisions at carrying out investment activities in St. Petersburg.

Three administrative procedures have been re-configured within the Project’s framework:

• "Investment activity aimed at land development, completion of unfinished construction projects, reconstruction of buildings, facilities and their parts in the possession of St. Petersburg".
• The administrative procedure "Providing State Guarantees of St. Petersburg".
• Administrative procedure "Obtaining consent to disposal the real estate belonging to state unitary enterprises on the right of economic management."

The MANAGEMENT SOLUTIONS Ltd. consultants documented the actual scheme ("as is") for the investor to pass three administrative procedures in IDEF0 notation. The recommendations were developed to optimize the following procedures: administrative risk reduction for investors, labor content and timing reduction of administrative procedures. According to the analysis results the proposals were made to amend the regulatory framework, the unified documents circulation scheme on administrative investment procedures was developed, the quantitative assessment of duration and costs of passing three administrative procedure stages by the investor, as well as the investor’s administrative risk assessment were carried out.

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