Rostov region will receive an additional 300 million for industrial development

By the end of the year, the industrial sector of the Rostov region will receive additional financial support from the federal budget. 300 million rubles will be allocated to the region from the reserve fund, the press service of Governor Yuri Slyusar reported.

The funds will be used to recapitalize the regional industrial development fund.

According to Slyusar, the topic of supporting regional enterprises was raised at the meeting.
with Denis Manturov, First Deputy Prime Minister of the Russian Federation, during his visit to the region. "The allocation of funds has become a continuation of this dialogue. This will create new jobs, develop modern production facilities and strengthen the economy of the entire region. The federal and regional tandem allows us to move forward," the governor noted.

It is planned that at least five investment projects will be implemented by the end of the year with the assistance of the Industrial Development Fund. It is expected that this will make it possible to attract investments in the fixed capital of industrial enterprises in the amount of at least 220 million rubles. The total volume of shipped products, completed works and rendered services within the framework of these projects may reach 2.5 billion rubles.

The regional budget will also provide support to the regional fund. According to the governor's decision, the fund will be recapitalized by 61 million rubles by the end of the year.

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