Crimea has a great potential for development and it should become a self-sufficient region in Ukraine, Chairman of the Crimean Council of Ministers Anatoliy Mohyliov said at a press conference in Simferopol on Wednesday, UKRINFORM reports.

"All actions by the government are aimed at making Crimea a self-sufficient region," he said.

Mohyliov said that in order to achieve this goal, it is necessary not only to develop economy and production in Crimea, but also to increase the investment attractiveness of the region, as well as effectively use the powers granted to the autonomous republic.

For this purpose, amendments have been prepared to the Tax Code of Ukraine, which envisage tax privileges to investors working in Crimea, and the draft law on the principles of the development of the Autonomous Republic of Crimea and the peculiarities of investment activity on its territory has been approved at first reading.

"The laws that concern Crimea, which have already been adopted or are under consideration in the Verkhovna Rada of Ukraine, are aimed at ensuring that we could guarantee Crimea's great investment attractiveness and resolve more issues at a local level," the head of the Crimean Council of Ministers said.

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