The program of support of large investment projects in priority areas has been expanded

The program of support of large investment projects in priority areas has been expanded

The expansion of the Program to support large investment projects in priority areas will increase the availability and attractiveness of project financing in Russia.

The updated terms of the Project Finance Factory program imply a reduction in the burden on investors and an increase in the total amount of funds that can be allocated to borrowers.

The share of investors' own funds for projects in priority sectors of the economy approved in 2022-2023 is reduced from 20 to 15%. The share of participation of "VEB.The Russian Federation" in the financing of such projects will be up to 25%. From 294 to 500 billion rubles, the total amount of funds that "VEB.The Russian Federation" will be able to allocate borrowers for profile applications.

It will also be possible to launch a new investment cycle on the basis of existing companies – without the formation of additional legal entities.