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Economy 1 min read Source: JustMedia

The government of the Sverdlovsk region will allocate another 150 million rubles to the Titanium Valley

The government of the Sverdlovsk region will allocate another 150 million rubles to the Titanium Valley
photo JustMedia

The special economic zone "Titanium Valley" is another major tranche from the regional government, according to "Oblastnaya Gazeta". This was told by Deputy Minister for State Property Management of the Sverdlovsk Region Sergei Sosnovsky.

"Budget investments of 150 million rubles are provided to Titanium Valley for technical re-equipment, creation of infrastructure facilities, for repayment of obligations on loans that were taken to create these facilities, as well as for the development of design estimates," explained Sosnovsky.

Note that in total with this tranche SEZ for 2018 will receive from the regional treasury 250 million rubles.

Source: JustMedia
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