Government builds up support for electronics manufacturers in the Arctic and the Far East

© RIA Novosti / Alexey KudenkoPrinted circuit boards production equipment
Printed circuit boards production equipment
The Government has raised the increasing coefficient by 10 percent for issuing federal subsidies to electronics manufacturers in the Far East and the Arctic, said Prime Minister Mikhail Mishustin at the meeting.
“First and foremost, it means co-financing initiatives to build and upgrade the infrastructure of parks, technology parks, including high-tech facilities. In total, the budget for the next three years allocates more than 180 billion rubles in aggregate for this purpose,” said Mikhail Mishustin.
This decision will make it possible to give additional support to meaningful industrial projects in the regions.
Manufacturing technology equipment at the industrial park
First industrial park to open in Murmansk Region