Expanding the performance criteria stimulates investment in priority industries

The Ministry of Economic Development introduced a draft decree to the Government, which broadens the scope of the taxonomy of technological sovereignty. The taxonomy is complemented by new directions and financial instruments.

The task of taxonomy is to define a list of priority projects for technological sovereignty and the structural adjustment of the economy and to develop support measures for them jointly with the Bank of Russia.

At present, the CBF is available to banks that finance such projects on concessional credits that are granted to acquiescence projects. This enables banks to lend more projects and creates conditions for a lower interest rate on loans.

" In recent months, new projects have been markedly added to the roster of technicians. There are now 23 projects on the roster of 493.9 billion roubles. In April this year there were 12 projects of 264.8 billion roubles. The number of projects increased at a key rate of 16 to 18 per cent annually. The taxonomy changes that have been developed will further increase investment in those sectors of the economy whose development is critical to the achievement of our country ' s technological sovereignty " , underlined by the First Deputy Minister for Economic Development, Illia Torosov.

Projects are implemented in the energy industry, automotive and railway engineering, pharmaceuticals. Geography of projects - 15 regions. The taxonomy of technological sovereignty has become a mechanism to support the draft national objective of " Technological Leadership " , as set out in the May decree of President V. V. Putin.

An additional measure to facilitate the revitalization of the instrument is the preparation of a draft amendment to Regulation No. 603. The Government intends to extend the taxonomy of technological sovereignty to the directions and criteria for power generation, the development of new deposits of rare earth metals, the development of the generation of renewable, hydrogen and nuclear energy, and the construction of high-speed high-speed highways.

The draft regulation also provides for the addition of taxonomy in the areas of round-trip resorts in the Baltic, Azov, Black, Caspian, Japanese and Lake Baikal. In addition, the expansion of the criteria for technical certainty will have an impact on the development of infrastructure for the tourism industry and the implementation of investment projects for the Northern Sea Development Plan until 2035.

However, the decree also provides for the expansion of the line of financial instruments used to finance technological sovereignty projects and structural adjustment projects of the Russian economy. Such instruments include bonds for project financing, as well as credit to a leasing company that acquires produce that meets the criteria of technological sovereignty.

Source: www.economy.gov.ru
Source: freepik.com

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