The enterprise for the production of non-standard reinforced concrete products from Nizhnekamsk will receive 50 million rubles of preferential financial support
The company "CESP" from the single-industry town of Nizhnekamsk of the Republic of Tatarstan will receive about 50 million rubles at 1% per annum for the purchase of equipment for the production of non-standard reinforced concrete products for the construction industry (piles, columns, road flooring slabs, etc.). Thanks to financial support, the production capacity of the enterprise will be increased by 5%.
The support will be provided by the state corporation VEB.RF. At the expense of the funds received, LLC "CESP" plans to purchase modern equipment - a thermostat, using which the enterprise will have the opportunity, as in a designer, to quickly create the desired shape of products. This will allow the company to expand the range of products and increase production by 14 thousand cubic meters per year.
The total cost of the investment project is more than 60 million rubles.
"The CESP company plans to purchase equipment that will provide the construction industry with high-quality products. Today, construction in Russia is proceeding at a high pace. The President outlined the importance of the industry for achieving national goals and set the task to build more comfortable housing and create a decent environment around. Thanks to such enterprises, our country will become more beautiful, and the built facilities will be even better." – Irina Makieva, Chief Managing Partner for Urban Development of the VEB.RF Business Block.
"Over 8 years of cooperation in the republic, the construction of investment infrastructure facilities worth more than 6.6 billion rubles has been carried out, including 4.1 billion invested by VEB.RF. In addition, during this time, the Corporation co-financed investment projects of Tatarstan entrepreneurs on preferential terms for a total amount of over 4 billion rubles. The volume of investments in projects exceeded 59 billion rubles," Midkhat Shagiakhmetov, Deputy Prime Minister and Minister of Economy of the Republic of Tatarstan.