Kostroma Region Investment Fund

Construction of engineering, transport and energy infrastructure, which is necessary for the implementation of major investment projects, is possible using the assets of the Kostroma region Investment Fund.

 Investment fund’s allocations can be granted in different forms:

 - budgetary investments in Kostroma region state property capital construction;

 - budgetary investments in Kostroma region state property capital construction created under the concessional agreements;

 - financing for the development of project documentation for capital construction of Kostroma region state property;

 - financing for the development of project documentation for capital construction of Kostroma region state property created under the concessional agreement.

Regulation of the Kostroma region investment fund establishes three major categories of projects. These are:

1. projects of national importance, with a minimum value of 5 billion roubles and investors’ share of 25 percent;

2. regional investment projects with a minimum value of 500 million roubles and investors’ share of 50 percent;

3. projects of only regional support, without the assets of Federal Investment Fund granting, with a minimum value of 50 million roubles.

The projects’ selection is provided by the support of the Council for investments and investment climate improvement of the Kostroma region.