Whereas before 2020 we had these companies involved in import substitution able to compensate for up to 50% of project costs and up to 100% of R&D costs, after 2020 there’s an updated version in place, and the ability to compensate has been significantly reduced. Only up to 50% of R&D can be compensated for. And there’s one more important aspect I would like to point out. We now have a number of support measures in place for the radio-electronic industry. After all, this is one of our country’s key strategic industries; practically everything depends on it. There’s a measure, it’s been in place for a year – we’re talking about radio-electronic techno-parks. And there’s a ratio in the works... 50/50 public and private funding. It would be advisable [to adjust it – Ed], — Maria Vasilkova, Member of the Committee of the State Duma of the Federal Assembly of the Russian Federationon on Industry and Trade.
The government has introduced a lot of tools in the last year. [...] Clusters, including interregional clusters. Then there are industrial parks, private and public, science and technology centres, and plenty of other solutions. It’s really important to link it all up now so as to create a long-term order for the country’s future development and for individual regions and cross-cutting infrastructure projects, of course — Oleg Nikolaev, Governor of the Chuvash Republic.
It’s not only a question of cooperative chains, it’s a question of technological sovereignty, and this generally applies to the issue of establishing production and networks that we don’t effectively have, or we do have, but only very little of. The same heavy diesel engines, especially high-speed ones. These are specific networks in micro-electronics. […] The groundwork has been laid, but it needs to be increased exponentially. And we need to build another financial system for it, because the 393 guarantee and so on - it works. I’m not even talking about the fluctuating exchange rate. But in order to at least plan something, we need long-term money, and the government has to ensure this through development institutions among other things — Andrey Klepach, Chief Economist, VEB.RF.