In the Krasnoyarsk Territory, more than 3 billion rubles were allocated to support industrial enterprises

Over four years, the Expert Council of the Regional Industrial Development Fund approved 45 projects totaling 3.3 billion rubles, including two within the framework of joint programs with the federal Federal Development Fund. The total budget of the projects being implemented is 6.7 billion rubles.

The Ministry of Industry and Trade of the Krasnoyarsk Territory said that the enterprise uses funds from soft loans to update equipment, modernize production, expand production, launch new production facilities and introduce promising technologies.

The Fund provides preferential loans under six regional and four joint programs. Enterprises can receive from 5 to 200 million rubles for a period of up to 7 years. The rate is from 3 to 6 percent per annum.

With the support of the Fund, projects are being implemented in 13 manufacturing industries. Among them are mechanical engineering, chemical industry, radio electronics, aviation and timber processing industries. The geography of the projects covers ten settlements of the region, including Kansk, Lesosibirsk, Minusinsk, Zheleznogorsk, Kodinsk.

Using preferential loans, projects are being implemented to produce unmanned aircraft systems, block heating units, pumping units, household chemicals, satellite communication stations, elevator equipment, plasma cutting machines, front-end loaders, construction metal structures, tanks and paints and varnishes.

Enterprises participating in the projects received revenue of 8 billion rubles for 2022–2025. Tax revenues amounted to 888 million rubles. According to plans until 2032, revenue will grow to 69 billion rubles, tax revenues to 7.6 billion rubles. A total of 899 jobs will be created.

“The financing conditions provide for a deferment of repayment of the principal debt for up to two years. This gives enterprises the opportunity to direct resources to launch and develop production. We are already seeing results: enterprises are mastering new products, introducing modern lines, and modernizing capacities. The fund accompanies projects at all stages and constantly monitors their effectiveness,” noted the head of the regional fund, Larisa Starikova.

Minister of Industry and Trade of the Krasnoyarsk Territory Maxim Ermakov emphasized that thanks to the fund, enterprises receive preferential financing on conditions not available in commercial banks:

“This is the most effective support measure that exists. Every ruble provided is returned in the form of increased production, jobs and taxes. Our priority is strengthening technological sovereignty, developing import-substituting industries and reducing dependence on foreign supplies. Funds are provided on a repayable basis and secured. After the return, the fund directs them to support new projects in the region.”

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