Project financing is especially essential nowadays
03.04.2015
Viktor Marchenko,The Chairman of the Board of Directors of the Group of companies "Zelyonye Listya", the chairman of the Commission to economic growth promotion of the Public Chamber of the Primorsky region, member of the Presidium of LLC SMSB “OPORA ROSSII":
Russian President, Vladimir Putin puts the task of the project financing development; the Russian government is very active in this area: Program of investment projects support implemented in the territory of the Russian Federation on the basis of project financing, approved by Resolution number 1044, provides the granting of loans on favorable terms.
Anti-crisis plan of the Government of the Russian Federation demonstrates that new projects implementation will be delayed. Business - unions have already begun to move its own initiatives to improve the mechanisms of project financing and further promote the implementation of new projects.
We started to cooperate on project financing with the Agency of strategic initiatives, Olga Kurilova, head of the ASI in DFO, has already supported our initiative and got the offer for considering.
I note that the support program covers only large business projects with a total value of more than one billion rubles. Today, there is a need to support projects of small and medium-sized businesses. More than 82000 small and medium-sized businesses exist only in Primorye - the implementation of SMEs projects can make a great contribution to the development of its own production in the country. Small and medium enterprises also need project financing as well as big business.
OPORA ROSSII sents proposals to increase the availability of project financing mechanisms for SMEs in the anti-crisis plan of the Government of the Russian Federation. We began this work in the direction of the Public Chamber of Primorskiy region: it was decided at a meeting of the Commission on the promotion of economic growth to send to the Interdepartmental Commission for the selection of investment projects of Russian banks and international financial organizations, and the Public Chamber of the Russian Federation to include in support program the projects worth less than 1 billion rubles.
The issue of access to project financing for small and medium-sized businesses we raised at the recent conference "Quality and availability of financial support for investment projects of small and medium-sized businesses." Director of the Department of Economics and Strategic Development Dmitry Tsarev expressed his willingness to meet and discuss the possibility for the Administration of Primorskiy region support to ensure an access to project financing for SMEs.
Involvement of the executive authorities of the Russian Federation to the investment projects selection and arrival at a decision on the project financing will provide additional support to priority projects for economic development.