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Denis Manturov: Russian Enterprises Of Specialized Mechanical Engineering Increase The Volume Of Export Supplies

 The Minister of Industry and Trade of the Russian Federation, Denis Manturov, and the President of the Rosspetsmash Association, Konstantin Babkin, discussed the current tasks of the development of the Russian specialized machine-building industry.

The head of the Ministry of Industry and Trade of Russia noted that effective mechanisms of state support allow industries to show dynamic development. So, for 9 months of 2017 in comparison with the similar period of the last year the volume of production produced by domestic producers of agricultural machinery exceeded 82 billion rubles, which is 24% more than in the same period last year. The growth in production in construction and road machinery from January to September this year amounted to 34%, and in the food machinery industry - 7%.

Along with the growth in the production of Russian products of specialized engineering, enterprises are increasing volumes of export supplies. For example, for 9 months of 2017, the export of domestic agricultural machinery grew by 17% compared to the same period last year, while exports of construction and road construction products increased by 73%, -

said Denis Manturov.

In addition, since 2018 the Passport of the priority project "International Cooperation and Export in Industry" provides for the implementation of a new support mechanism - guaranteeing the residual value of agricultural machinery. "This measure will increase demand for Russian equipment, and will also stimulate the formation of the secondary market of agricultural machinery, " Denis Manturov said.

As a new measure of state support for manufacturers of specialized machine building, the Ministry of Industry and Trade of Russia has developed a draft program for concessional lending to stimulate demand for agricultural, construction, road and public utilities, as well as equipment for the food and processing industries. Thanks to this mechanism, which has already proven itself in the automotive industry, the lending rate for the purchase of Russian plants will be reduced and will not be more than 5%.

Konstantin Babkin confirmed that state support programs play an important role in the development of industries. In particular, Government Decision No. 1432, which allows agrarians to purchase agricultural machinery with a 15-20% discount, has become one of the main factors for the success of Russian agricultural machinery companies.

Also this year, the Ministry of Industry and Trade of Russia launched a program to subsidize the leasing of construction and road machinery and a subsidy program for food equipment manufacturers.

On behalf of manufacturers, I would like to thank the Ministry of Industry and Trade of Russia for a set of measures for the development of industries aimed at stimulating domestic demand, developing foreign markets and developing innovative activities. To preserve the positive dynamics is important to continue the implementation of these mechanisms of state support to the planned funding -

said the president of the Association Rosspetsmash.

Following the meeting, the participants agreed to continue the all-round interaction aimed at further development of specialized machine building in Russia.




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