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The state abolishes subsidies for the supply of cars from the Far East

The state abolishes subsidies for the supply of cars from the Far East
Photo: primorsky.ru

From 2020, the Ministry of Industry and Trade of the Russian Federation cancels subsidies for the carriage of vehicles from Far Eastern automobile plants in order to abandon the targeted support of individual companies. This will affect the Mazda plant located in Primorye, which will be annually received from the state by 500 million rubles.

As the Kommersant, a change in subsidies was found in the published package of measures, mainly affecting the leasing of equipment for the light and pharmaceutical industries and not related to transport. The decision to refuse support was justified by the fact that there should be no special subsidies, especially for one company.

According to a special investment contract, the plant was supposed to create in Primorye the production of engines for export and begin production of updated car models. Now the company plans to contact the Russian government.