Preferential loans are available to Russian industrial enterprises

The cluster investment platform (KIP) is aimed at providing preferential loans to Russian industrial enterprises for the implementation of investment projects for the production of priority products.Investors to receive preferential financing can independently choose credit organizations.

The amount of the preferential loan: from 1 to 100 billion rubles, but not more than 80% of the total cost of the investment project (i.e., co -financing by the applicant - at least 20%).Preferential interest rate: 30%of the key rate of the Central Bank of the Russian Federation (21%), increased by no more than 3 percentage points (currently up to 9.3%).

The list of priority products is approved by the Interdepartmental Commission of the Ministry of Industry and Trade of Russia on the basis of industry plans for import substitution and the list of critical materials, components and raw materials.

more detailed information can be obtained on the website of the Industry Development Fund https://frprf.ru .

Source: https://mininvest.75.ru/novosti/385727