The Cabinet of Ministers will additionally allocate 20 billion rubles to support advanced industrial projects.

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16:41; 16 June 2025 year
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© изображение сгенерировано ИИ

The Russian government will allocate an additional 20 billion rubles to support advanced industrial initiatives. This was announced by Prime Minister Mikhail Mishustin at a cabinet meeting.

According to Mishustin, with the support of the Industrial Development Fund, about 2,000 projects with investments of 0.5 trillion rubles are already being implemented. We are talking about mechanical engineering, chemistry, metalworking, medical and biopharmaceutical industries - industries included in the perimeter of national technological leadership projects.

The additional funds are intended to provide preferential loans. 50 more manufacturers will be able to use them, and more than 1,000 new jobs will be created.