MOSCOW, February 21. /TASS/. The implementation of a number of promising projects will make it possible to attract about 10 trillion rubles ($134 bln) of investments to the Russian economy by 2030, Russian President Vladimir Putin said in his State of the Nation Address to the Federal Assembly on Tuesday.
"Starting this year, new modes of operation of industrial clusters have come into effect, where the fiscal and administrative burden on resident companies is reduced, and the demand for their innovative products, which are just entering the market, is supported by long-term orders and subsidies from the state. According to [our] estimates, these measures should ensure the implementation of in-demand projects, in the amount of more than 10 trillion rubles by 2030. Moreover, this year the expected amount of investments can be about 2 trillion ($26.7 bln)," the head of state said.
Putin drew attention to the fact that "these are not just forecasts, but clearly established guidelines."
"I am asking the government to speed up the launch of these projects as much as possible, shoulder business, and offer systemic support measures, including tax incentives. I know how the financial block [of the government] loves to provide benefits, and I partially share this position. The taxation system should be integral, without any niches, exemptions, but in this case a creative approach is needed," the President said.