We had different support instruments, and so we came up with an initiative. Initially, it came from the Moscow region, and then other regions got involved. It is called 'industrial mortgages.’ This is a working title. We have an order from the Prime Minister, and we have already submitted our documents to the government about this initiative. Today there will be a discussion within the Government, and I think that in the next few months we will have a concrete instrument — Alexey Besprozvannykh, Deputy Minister of Industry and Trade of the Russian Federation.
This year, we made provision for subsidizing interest rates because initially, the interest rate went up a lot. We promptly reviewed our policy to support business. To mitigate the increase in the key rate, we promptly launched a subsidy mechanism, and it was launched in May in both the Far East and the Arctic. We provide subsidized interest rates for investment projects — Gadzhimagomed Huseynov, First Deputy Minister of the Russian Federation for the Development of the Far East and the Arctic.
We will definitely use the same instruments that are available in Russia today. This includes the creation of a special economic zone. We plan to extend this to our entire territory, as was done with the experience of Crimea, and with the experience of the Kaliningrad region. We will definitely create a development corporation. I have already asked Kaluga region to provide us with methodological support in terms of human resources and methodology, and I have received a positive response from the regional authorities. In the near future, we will be creating an industry development fund. Two billion rubles, which is both our money and aid from the Russian Federation, will be sent to the fund in order for it to be invested in production — Vitaly Khotsenko, Prime Minister of the Donetsk People's Republic.
I think... in our large regions where there are transport and logistics centres that can also be used as hubs and processing facilities, such infrastructure needs to be created there ahead of demand. And we are now working in this direction. We have a large site, Zapadnaya, in Primorsky Krai, in the city of Vladivostok — Gadzhimagomed Huseynov, First Deputy Minister of the Russian Federation for the Development of the Far East and the Arctic.
We are generally in favour of the creation of industrial parks being seen primarily by business as a separate business, as a service — Gadzhimagomed Huseynov, First Deputy Minister of the Russian Federation for the Development of the Far East and the Arctic.