Authorities accept proposals to improve financial instruments for investment projects
2021-06-29 12:12

Authorities accept proposals to improve financial instruments for investment projects

Russia will create new financial instruments for implementation of investment projects in three years, according to the website of the Ministry of Economic Development of the country, which is the co-author and one of the responsible executors of the investment stimulation roadmap.

Implementation of the road map, the ministry said, will help reformat the economy in the post-Soviet track through the use of a new line of financial instruments to stimulate investment activity and restart the investment cycle.

Interested parties can send suggestions for improvement of roadmap mechanisms to kroitorsv@economy.gov.ru.

The roadmap now includes already existing mechanisms for attracting investments, including capital investment protection and promotion agreements (CIPA). The ministry's website specifies that at least 3 trillion rubles will be invested in the Russian economy through federal NWPCs.

Some 600 agreements will be concluded by the end of 2024 for a total of nearly 13 trillion rubles in investments. As of today, 36 agreements for 1.2 trillion rubles have been signed.

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Author: Ksenia Gustova