What is a Project Finance Factory
Last year, on behalf of the president, the government allocated 120 billion rubles to VEB. from the funds of the National Wealth Fund (NWF) for the development of the "project financing factory" - a special mechanism for providing preferential loans for large investment projects.
The main idea of the Factory is to provide a syndicated loan on favorable terms: the loan is provided by several lenders in certain shares. VEB acts as the operator of the program, coordinating its work and carrying out the selection and examination of projects. The minimum cost of the project is 3 billion rubles, the maximum payback period is 30 years.