The capitalization of the Crimean Industrial Development Fund in 2025 will be over 150 million rubles

The industrial sector is one of the driving forces of the Crimean economy. Despite external restrictions, the industry is developing systematically and demonstrating positive results. This was stated by Chairman of the Council of Ministers of the Republic of Crimea Yuri Gotsanyuk on his page on the social network VKontakte.

The Government of Crimea is pursuing a course to strengthen the industrial sector of the economy, which forms a third of the consolidated budget of the republic and provides employment to more than 60 thousand people,” the press service of the Chairman of the Council of Ministers quotes.

Negotiations are currently underway with potential investors to create new industrial enterprises in the field of building materials, production of electronic components and plastic pipes.

Yuri Gotsanyuk also noted that the Crimean Regional Industrial Development Fund provides preferential loans with a low interest rate from 1 to 7% under 11 financing programs.

In 2024, Crimea was among the winners of the competitive selection of the Russian Ministry of Industry and Trade to receive a subsidy, as a result of which the volume of additional capitalization of the fund in 2025 will amount to over 150 million rubles.

The total capitalization of the fund since the beginning of its activities will exceed 1 billion rubles.