The government promises to support projects with the localization of production

20 February 2015, Friday

Economic Development Ministry has drafted amendments to the Law on Public Procurement. This is one of the first measures to implement the government's anti-crisis plan, approved by the end of January, according to a memorandum to the bill. According to the draft, producers under state contracts worth 10 billion rubles and a maturity of three to seven years, will be able to rely on state guarantees.

We are talking about private investment in exchange for a government contract, says in The Ministry of  Economic Development. It is assumed that long-term contracts for the supply of goods for state needs will involve reciprocal obligations supplier - ensure that the necessary production capacity, transfer of technology and equipment for the production of goods supplied under the contract.

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