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HomeLatest NewsRussia will invest 376 billion rubles in the development of aircraft manufacturing

Russia will invest 376 billion rubles in the development of aircraft manufacturing

Date: March 29, 2024 Time: 19:41:30

It is required to immediately modernize the factory premises, which have launched the mass production of aircraft.

Photo: Viktor GUSEYNOV

The government will continue with the program to modernize the aircraft factories. This year, 5 billion rubles will be allocated to it. And over the next 14 years, the volume of investments should amount to more than 376 billion rubles. This was announced by Prime Minister Mikhail Mishustin at a meeting with his deputies on Monday.

The money earmarked by the government will be used to pay airlines up to half of the costs of the loans, which are now being drawn in to ramp up equipment production at a fast pace.

“It is required to immediately modernize the factory facilities, which have launched the mass production of aircraft, aircraft engines for them and the entire range of necessary instruments and assemblies,” Mishustin said.

The prime minister noted that a stock of spare parts for domestic aircraft should be formed in Russia so that airlines do not face difficulties in their operation.

Mishustin instructed the Ministry of Industry and Trade to “keep this issue under constant control.”

Mishustin also said that the government is expanding the More Than a Trip program. In the next three years, more than 7 billion rubles will be allocated for its implementation. At the expense of these funds, certificates for tourist trips will be provided to the winners of competitions, Olympics of any of the projects of the presidential platform “Russia: a country of opportunities”. Travel geography covers all federal districts, at least 370 routes are available for selection. More than 60,000 people will benefit from the program each year.

“Travel along unique routes will be available, participation in educational programs on the most pressing issues, from entrepreneurship and urban development to information technology and ecology,” said Mishustin.

Thus, according to him, the program participants will be able to go on an expedition to the Arctic to explore the Barents Sea together with professionals.

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Puck Henry
Puck Henry
Puck Henry is an editor for ePrimefeed covering all types of news.
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