The government has expanded support measures for industrial parks and technology parks

The government has expanded the parameters for supporting industrial parks and technology parks

Management companies of all types of technology parks, including those in the high-tech sector, will now be able to receive co-financing. These rules also apply to projects for the modernization and reconstruction of existing enterprises.

To attract private investors, the mechanism for compensating entrepreneurs’ costs for the development of industrial infrastructure of parks has been expanded. The amount of the subsidy for these purposes will be 99% of the corresponding expenses of the entities.

State support will be available not only in regions with low socio-economic indicators, but also in single-industry towns, where this will contribute to the opening of new jobs, as well as in new regions. This will help the rapid restoration of industry in these territories.

“It is important to continue the active development of production infrastructure, taking into account the task set by the President to strengthen technological sovereignty,” the head of government emphasized.