Translation. Region: Russian Federal
Source: Government of the Russian Federation – Government of the Russian Federation –
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The list of modern technologies, during the development or implementation of which companies can conclude special investment contracts with the state (SPIC 2.0), has been expanded by another 21 items. The order to supplement the existing list was signed by Prime Minister Mikhail Mishustin.
The updated list includes technologies that can be used in medicine, the chemical and food industries, agriculture, energy, and construction.
These technologies include new methods for producing hydrogen, ammonia, nitric acid, granulated urea, building materials, new generation feed enzyme preparations, bread and bakery products with an extended shelf life, vegetable oil and other products.
Commenting on the signed documentGovernment meeting on July 17, Mikhail Mishustin emphasized that it will attract additional private investment in priority areas, and will also help develop the production of products that are critically important for the country.
In a new format, the special investment contract mechanism has been in effect since the end of 2020. It allows attracting large private capital investments in the development of innovative solutions and the creation of high-tech production facilities for the production of competitive domestic products.
Within the framework of the SPIC mechanism, the investor undertakes to implement an investment project for the introduction or development and introduction of modern technology for the development of serial production of industrial products on the territory of Russia within the timeframes specified in the contract.
The state, for its part, guarantees such an investor favorable, clear and unchangeable conditions for investments, including tax benefits and special conditions for land lease without tenders. Contracts are concluded for a period of up to 15 years if investments in the project do not exceed 50 billion rubles. For a larger amount, the period of the agreement may be extended to 20 years.
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