Special investment contract | KPMG | RU

Special investment contract as a new instrument for investors support

Special investment contract

Special investment contract (SPIC)* is a measure of state support in the form of agreement between investor and government authorities represented by the RF or/and regional authorities of the RF or/and municipal authorities aimed at the following purposes:

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  • Creation or modernization of industrial production;
  • Introduction of the best available technologies;
  • Development of industrial production which has no analogues produced in the RF.

 

 

*Regulation of the Russian federation Government of 16 July 2015 No. 708 “On special investment contracts for certain industries”, Federal Law of the Russian Federation of 31 December2014 “On industrial policy of the Russian Federation”

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