Ministry of Industry and Trade to Allocate Subsidies for Repayment of Loans to Participants in Electronics Import Substitution Program

    The Ministry of Industry and Trade will support the participants in the import substitution program of the radio-electronic industry. The ministry intends to develop radio electronics in four areas: telecommunications equipment, computer technology, equipment for the production of electronic components and intelligent control systems. The Office will provide them with subsidies for partial compensation of loan debt and research costs.

    To receive subsidies, companies must go through a tender by the Ministry of Industry and Trade. Only winners will receive compensation. So, the winning projects in the field of intelligent control systems development will be given 1 billion rubles. Projects in the production of telecommunications equipment can receive up to 1.5 billion rubles. Companies manufacturing special technological equipment may claim 2 billion rubles. Most of all will receive projects in the field of computer engineering - up to 2.5 billion.

    Borrowed funds are needed for companies to rent land and buildings, develop project documentation and create infrastructure. Another condition for obtaining a subsidy is a long loan term. It must exceed a year, and the date of its execution should fall in the interval from 2016 to 2025. Those who take ruble loans are subsidized by no more than 90% of the Central Bank's key rate if the loan rate exceeds it. Otherwise, the state will pay 90% of the interest costs.

    Companies with foreign currency loans will be given a ruble subsidy (calculated at the exchange rate on the day of payment), however, the maximum payout for them will be calculated based on a rate of 7% per annum.

    The quality of Russian products is not inferior to imported, but foreign governments encourage the export of their producers with soft loans, offset the costs of development and modernization, said Alexei Dianov, representative of the Mikron plant. Such benefits are not yet available to Russian companies, and the cost of commercial loans is much higher, he complains.

    Now credit rates are high - from 15 to 20% per annum and compensation for them is very necessary, agrees with him the deputy director of the T-platform company (owns 75% of the developer of microprocessors "Baikal Electronics") Elena Churakova. According to her, subsidies for research and development are necessary, because without them, enterprises are not able to quickly launch a large number of products on the market.

    "T-platforms" plan to participate in competitions of the Ministry of Industry and Trade on personal and server computers. In addition, the Moscow Center for SPARC Technologies (ICST), the developer of Elbrus microprocessors, also has such plans, Konstantin Trushkin, assistant to its general director for marketing , told Vedomosti.

    The Ministry of Industry and Trade proposed to send 40.5 billion rubles to support the production of computer technology. Extrabudgetary funding should amount to 26.5 billion rubles. According to the plan of the Ministry of Industry and Trade, the share of imports in this area should decrease to 97.6% by 2020, and to 93.3% by 2025. Considering that now the share of Russian equipment does not exceed 1%, this is a big progress, the representative of the Ministry of Industry and Trade emphasized.

    It is planned to allocate 42.8 billion rubles to support the domestic production of communication equipment, 28.6 billion rubles to develop the production of special technological equipment, and the production of intelligent control systems should cost the state 12.7 billion rubles.

    According to Deputy Prime Minister Rogozin, currently developing enterprises will reach the required level by 2018.

    November 1, it became known that the initiators of import substitution of electronics reduced the state program. The Ministry of Industry and Trade has published a new edition of the program for the development of electronic and electronic industries. The new state program will cost the federal budget 173.9 billion rubles.

    Initially, this amount was to amount to 175.6 billion rubles. Planned expenses were not reduced because the agency had figured out how to save. In January, the Ministry of Industry and Trade set the task for Russian producers to occupy 60% of the domestic market by 2025, but now only 35% is content.

    In addition, support from radio electronics for medical devices was completely excluded from the program, for which it was planned to allocate 16.2 billion rubles. Estimates of the share that Russian high-tech equipment currently occupies on the market coincide in both cases - 18–19% in 2014.

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