24.01.2020_THE WEEKLY AGENDA

Moglino SEZ is creating the Policy that enhances our investor's opportunities, mitigates any regulatory risks, assists and promotes investors with funding. Our service has been extended by a new financial option, coming from the Industrial Development Fund (IDF). IDF is a state development institute that aims at increasing global competitiveness of Russian industry, implementing import substitution and export policies. The Fund was launched according to an initiative of the Ministry of Industry and Trade, in 2014 for the implementation of industrial technology projects. The Fund provides targeted loans of between 5 and 750 million rubles at the rate of 1%, 3% and 5% p.a. for up to 7 years.  Based on attracting direct investments into the real sector of the economy and increasing opportunities for start-up funding, the Fund is an operator of select investment contracts within SEZ and beyond. They are taking active efforts to establish international partnership and develop economic cooperation, including localization of industrial projects in Russia. Moglino SEZ has already handled the documentary supporting for our three tenants those projects have been funded.