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New parameters for the operation of industrial clusters should start working from January 2023

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New parameters for the operation of industrial clusters should start working from January 2023


© Timur Khanov/PG

The new parameters for the operation of industrial clusters in Russia should come into effect on January 1, 2023. This was stated by President Vladimir Putin at the plenary session of the St. Petersburg International Economic Forum.

He instructed the Government to prepare by autumn the key parameters of the new mode of operation of such clusters, including in terms of financing, taxation, support for production at an early stage, simplified administration and the creation of mechanisms for guaranteed demand for innovative products.

According to Putin, industrial clusters, both already open and new ones, should involve small businesses “into their orbit”, while entrepreneurs and small organizations “it is important to see the horizon, understand the prospects.”

“In this regard, of course, I ask the government, together with the SME Corporation and our largest companies, to launch an instrument of long-term agreements between companies with state participation and small and medium-sized businesses. Thus, demand for the products of such enterprises will be guaranteed for years to come, while suppliers will be able to confidently undertake obligations to create a new one or expand production for this order,” the president said.

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