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The government submitted to the State Duma a bill to transform the Industrial Development Fund (IDF) into a closed trust investment fund and integrate it with the Internet. RF, writes Kommersant. A reorganization of the fund, which has been operating since 2014, will allow private funds to be attracted and the state corporation will receive additional capitalization through the donation of property from the state. Thanks to the integration, Internet. RF will be able to finance new industrial projects in the total amount of 1.2 trillion rubles without tightening the conditions for issuing preferential loans to enterprises.

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The government submitted to the State Duma a bill to transform the Industrial Development Fund (IDF) into a closed trust investment fund and integrate it with the Internet. RF, writes Kommersant. A reorganization of the fund, which has been operating since 2014, will allow private funds to be attracted and the state corporation will receive additional capitalization through the donation of property from the state. Thanks to the integration, Internet. RF will be able to finance new industrial projects in the total amount of 1.2 trillion rubles without tightening the conditions for issuing preferential loans to enterprises.

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