Vorobyov named the "three golden keys" of the economy of the Moscow region
To overcome the obstacles caused by the change in the key rate of the Central Bank of Russia, the Moscow region uses its "three golden keys" in the field of economics. This was announced on December 15 by the governor of the region Andrey Vorobyov.
"For us, the key stake is, of course, primarily the construction site, but also other enterprises that have nurtured their bright, kind ideas for the implementation of the investment project. <...> They all face this obstacle. We have, well, two, maybe three golden keys in this regard," he said on RBC Radio.
Vorobyov named the Industrial Development Fund, which provides preferential loans at 3-7% to enterprises working in the field of import substitution, as the first such instrument. According to him, the rate was previously 1%, and such support is "incredibly profitable." Thanks to the fund, 180 projects have already received about 70 billion rubles. Most of them are implemented in industrial parks or free economic zones, such as Dubna and Istok in Fryazino.
The second "key", according to the governor, was the Construction Assistance Center, which fully accompanies the process of obtaining permits for new production facilities in electronic format. This allows the business not to overload its financial model and get favorable technical conditions.
The governor named the industrial mortgage, a program initiated jointly with the Ministry of Industry and Trade of the Russian Federation, as the third mechanism. It allows entrepreneurs to purchase ready—made industrial premises on a preferential loan, the rate of which was previously 5%, and now it is about 10%. According to Vorobyov, all these measures help businesses not to stop even with expensive money.
On December 1, the head of the Central Bank of the Russian Federation, Elvira Nabiullina, said that the regulator was constantly in contact with Russian businesses, which helped them make timely changes to their policies, focusing on new trends, and making informed decisions. According to her, before each decision related to the key rate, the board of directors of the regulator analyzes all available data on the situation in the regions and in different areas.
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