Russia wants to develop four projects to change the capital investment protection regime. For example, the new mechanisms to support major projects include the return of a portion of funds to investors, RBC writes.

According to the newspaper, the cashback will be extended not only to the infrastructure of the projects.

To this end, the authorities are preparing a program of investment growth "New Investment Cycle" of the four projects.

This involves regulatory changes to the regime of capital investment protection and promotion agreements (CIPA), creating conditions for the launch of investment projects in the regions, reassembling the rules of industrial construction and available finance for such projects.

It is noted that the beneficiary of the reforms will be medium and large businesses.

According to the publication, for the NWPC participants may extend the tax deduction mechanism and introduce incentive cashback, for example, will increase the composition of the costs that are reimbursed to businesses in the implementation of investment projects.

Money may be reimbursed for expenses incurred in paying interest on a project during the investment phase or for research and development work.

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Author: Ksenia Gustova