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Trans-Baikal FRP signed a cooperation agreement with the regional CCI - EastRussia | Far East

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Zabaykalsky FRP signed a cooperation agreement with the regional CCI

Zabaykalsky FRP signed a cooperation agreement with the regional CCI
Photo: pixabay.com

The Trans-Baikal Industrial Development Fund has signed a cooperation agreement with the Trans-Baikal Chamber of Commerce and Industry. The document is aimed at developing the industrial potential of the region, introducing scientific and technical developments, ensuring the production of competitive industrial products, etc. Also, representatives of local FRP and CCI pledged to promote import substitution and promotion of Trans-Baikal products to foreign markets.

“To support the real sector of the economy is the main task of our industry development fund. Cooperation with the CCI gives us the opportunity to support those enterprises that have specific development plans, know what they are striving for and where they are moving, ”said Elena Mirsanova, Director General of the FRP. According to her, additional support from the regional CCI will allow to implement investment projects faster and more successfully.

In 2019, the Transbaikalia Industrial Development Fund supported 14 enterprises of the region in the amount of 37 million rubles. Two companies also received assistance from the federal FRP - the MIR ceramic brick factory and the Vostok-Agro LLC front-end loader manufacturing project received additional funding.