Follow Us On

  • Facebook


Deputy Minister Of Industry And Trade Of The Russian Federation Spoke About Programs Of Support Of The Industry Of The North Caucasus

 Deputy Minister of Industry and Trade of the Russian Federation Vasily Osmakov took part in the meeting of the working group on the development of industrial production in the North Caucasus Federal District under the Governmental Commission for Social and Economic Development of the North Caucasus Federal District.

The meeting, chaired by the Minister of the Russian Federation for the North Caucasus, Lev Kuznetsov , discussed the implementation of priority investment projects in the NCFD, regional plans for import substitution and further development of the real economy.

At the end of 2016, the industrial production index in the regions of the North Caucasus was 107.5%, which was one of the highest indicators among the Russian federal districts. To consolidate positive dynamics, local enterprises can take advantage of a wide range of government support measures aimed at supporting industry.

During the meeting, Vasily Osmakov noted that only in the framework of the state program "Development of Industry and Enhancing Its Competitiveness" to support various sectors in the North Caucasus Federal District more than 1 billion rubles were allocated last year and more than 2 billion rubles from January to July 2017.

"The list of integrated investment projects in priority areas of civilian industry currently includes 14 projects implemented in the district. Five of them received support in 2017 for a total of about 190 million rubles. In addition, eight industrial parks in Dagestan, Stavropol Krai and the Chechen Republic are included in the relevant register of the Ministry of Industry and Trade, " Vasily Osmakov said. 

He drew particular attention to the need to improve the quality of investment projects. To properly prepare and "pack" the application, in particular, a consulting center specially created on the basis of the Industry Development Fund helps. A convenient platform for interaction is the "GIS Industry", which contains, among other things, all the necessary information on current support measures. 

According to the deputy minister, the creation of local funds for the development of industry (the first such fund has already appeared in the Stavropol Territory), as well as the development of the institute of special interest contracts, will help to increase the investment attractiveness of the North Caucasus Federal District, due to the formation of an appropriate legislative base in the regions. Taking into account the fact that in the North Caucasus new industrial projects are being activated, the enterprises of the region can claim subsidies that compensate for the costs of creating and implementing pilot product samples.

In conclusion, Vasily Osmakov called on representatives of the industrial sector of the North Caucasus Federal District to take an active part in the regular internships under the Federal Practice program. Within these events, thematic industry sessions are held, at which representatives of the Ministry of Industry and Trade detail the actual support measures and key aspects of state industrial policy in general. The nearest field trip in the North Caucasus Federal District is planned for the fourth quarter of 2017.    

© Copyright 2010-16 Invest in Russia Hanko Hackberry Group All rights reserved.