Incentives for Investment Projects

Encourage Regional Authorities to Improve the Investment Climate

A mechanism of grant distribution to the regions achieving the best results in business development and attracting investment has been developed.

The government intends to award grants to 20 regions that have achieved the best results in terms of the efficiency of investment policies and ongoing growth of investment projects
The planned volume of grants in 2012 – 10 billion rubles

Andrei Nikitin
(31 years old)
Gen. Director

Establishment of Strategic Initiative Agency to promote new projects.

The purpose of the SIA is to select the best ideas and help with their implementation
Currently, the agency has formed a preliminary portfolio of investment projects

There are currently about 2000 selected projects.

Kirill Dmitriev
(35 years old)
Director of RFDI

RFDI aims to provide long-term (5-7 years) financing to Russian investment projects, and attract foreign investors to co-invest in these projects.

The target size of the fund is $10B USD, to be funded from oil revenues; in 2011 $2B USD were allocated from Russia’s oil funds
The volume of RFDI investment per project will amount to at least 50 and not more than $500M USD

There are currently about 2000 selected projects.