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Russian govt approves federal programme for defence industry development

February 22, 2012, 21:21 UTC+3
Rogozin stressed that this would spur the development of related civilian sectors and creation of new jobs
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Photo ITAR-TASS

Photo ITAR-TASS

MOSCOW, February 22 (Itar-Tass) —— The presidium of the Russian government approved the federal target programme for the development of the defence industry on Wednesday, February 22.

Deputy Prime Minister Dmitry Rogozin said about 3 trillion roubles would be earmarked for this purpose. “This will allow us to create a totally new industry, one of the most up-to-date industrial and defence parks in Europe,” he said.

Rogozin stressed that this would spur the development of related civilian sectors and creation of new jobs.

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