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Administration of the region has signed the cooperation agreement with Fund for developing industry
 

15.02.2016 Administration of the region has signed the cooperation agreement with Fund for developing industry

Administration of the region has signed the cooperation agreement with Fund for developing industry

In Moscow the cooperation agreement between Administration of the Smolensk region and Fund for developing industry which is aimed at the development of industrial capacity of the region has been signed.

The format of the document provides interaction on the organizational, legal, economic, financial and technical issues directed on increase in the amount of financing of the industrial enterprises of the region, development of the best available technologies and import substitution within complex economic development of the Smolensk region. Also the collaboration of Administration and Fund for developing industry will be focused on introduction of regional scientific and technical development and support of export of hi-tech production.

According to the agreement Administration of the region provides formation of conditions for implementation of the industrial projects which got financial support of the Fund, including granting tax remissions and preferential terms of renting rooms and land plots, granting the corresponding guarantees, participation in regional programs of support and financing of the industry.

Nowadays Fund for developing industry offers preferential terms of joint financing of the projects directed on development of new hi-tech production, modernization and creation of competitive productions on the basis of the best available technologies.

Acting Governor Alexey Ostrovskiy emphasized:

«We are sure that the signed agreement will promote that the concrete enterprises will be able to receive concrete financial aid which will lead to stabilization of a situation in these enterprises and will give a new impulse to their development within the strategy determined by the head of state by import substitution».

Fund for developing industry is created in 2014 at the initiative of the Ministry of Industry and Trade of the Russian Federation. The main directions of its activity are modernization of the Russian industry, organization of new productions and ensuring import substitution.