The Ministry of Finance of the Republic of Komi proposes to allocate an additional 1 billion 40.2 million rubles to support investment projects. The money will be provided to legal entities in the form of subsidies at the expense of the released funds as a result of a decrease in the volume of repayment of the republic's debt to the Russian Federation on budget loans.

At the end of last year, an application was submitted to the Ministry of Economic Development of Russia with 5 investment projects from the Republic of Komi. The application was approved by the Presidium (Headquarters) The Government Commission for Regional Development in the Russian Federation. All investment projects are included in the consolidated list of new investment projects:

construction of a plant for the production of calcium carbide and ferroalloys in Inta (LLC "Plant of Carbides and Ferroalloys") with a total cost of 300 million rubles;
modernization of integrated sawmill production with the expansion of the product range (LLC " Syktyvkar Sawmill-Export Plant») worth 2.1 billion rubles;
extraction of natural stone at the "Yykemes" field in the Ust-Kulom district and production of rubble stone and crushed stone (LLC "NPS") worth 450 million rubles;
project for the development of a built-up area in Syktyvkar within the boundaries of Yukhnina – Ordzhonikidze – Karl Marx – Oplesnina – Oktyabrsky Prospekt streets under the agreement of July 22, 2013 (Tetrastroikomi LLC) with a total cost of 5.5 billion rubles;
integrated production for the extraction, processing and disposal of oil sludge with subsequent remediation of contaminated areas in Usinsk (LLC Consulting Company "Money Bridge") worth 975 million rubles.
Initiators of investment projects will be able to reimburse their costs for the creation of infrastructure. And for the region, this means creating new jobs (within the framework of 5 new investment projects, 763 new jobs are expected to be created) and attracting investments - about 9.3 billion rubles).