Regions to Receive Additional 1.4 Billion Rubles for Supporting Industrial Enterprises

© Правительство России / тг-канал

Six regions of Russia will receive additional funds to support industrial enterprises. The Government of the Russian Federation has decided to allocate an additional 1.4 billion rubles for the recapitalization of regional industry development funds.

The list of regions receiving the subsidy includes Khabarovsk Krai, Chechen Republic, as well as Vologda, Kaliningrad, Rostov, and Tambov regions.

Financial support for industrial enterprises will be provided in the form of preferential loans, the funds of which will be used to implement investment projects.

«The resources will allow the implementation of at least 25 investment projects in industries such as mechanical engineering, metallurgy, aviation and automotive industry, light industry, petrochemicals and others, and will contribute to achieving technological sovereignty», — commented Prime Minister Mikhail Mishustin.