9621 Agnes Crossing, Lake Suzanneview, New Mexico Island 84604-9295.
The Russian government once again pleased the people of its country with incomparable wisdom by approving, on the proposal of the Ministry of Industry and Trade of the
Our Ministry of Industry and Commerce is out of luck. Whatever he does, it doesn’t work. That is why the department’s initiatives are often viewed with skepticism, even if they seem completely harmless. Take at least the same SPIC – special investment contracts. This is a normal tool for developing our own production and technological base, which means that we need to attract investment into the Russian economy under state guarantees for obtaining favorable business conditions and tax benefits.
The Ministry of Industry and Trade believes that the expansion of the SPIC will increase the attractiveness of the Russian automotive industry in terms of investing money and ideas in its development. And they think correctly – it’s a good thing if by business we mean not assembling screwdrivers and not putting labels on finished products, but the development of technologically intensive advanced industries. However, this is where unpleasant thoughts begin to creep into your head.
The mechanism of special investment contracts has been launched in Russia since 2015. They were concluded with all major Russian and foreign automobile concerns that had factories on the territory of our country. And what was the outcome? That’s right, zero.
As soon as the uncle stomped his foot in the puddle a year ago, the vast majority of global auto brands immediately picked up and shed a tear, spitting on the unchanged business terms and preferential taxation. But before turning the Ministry of Industry and Trade into a handle, the “business partners” were not too lazy to pack up and take with them all the coveted technologies, for which, in fact, the SPIC was created.
“The Ministry of Industry and Trade of Russia is implementing a series of state aid measures aimed at creating conditions for deepening technological sovereignty, including in the automotive industry,” the ministry’s press service told Gazeta.Ru. How comforting that sounds, right? Only one question arises for me: what has the department been doing all this time, at least since 2015? How has it deepened and protected our technological sovereignty when it already holds all the levers that the government is going to give it again?
Huge sums of money were spent on various benefits for car manufacturers and boosting car sales – several tens of billions of rubles a year. And what? As soon as Western concerns slammed the door, all car factories rose up, including the most domestic AVTOVAZ! However, after some time he started working again, but semi-finished products, devoid of the necessary security systems, began to leave his assembly line. This is the kind of technological sovereignty that the Ministry of Industry and Trade, led by its permanent leader Denis Valentinovich Manturov, has given us for more than 8 years.
In a black eye, representatives of the ministry told our colleagues that in the case of setting up production in Russia, including the conclusion of technological partnerships with domestic automakers, foreign auto companies have the right to count on state aid. Have these new songs about the old not been forgotten? Who is now going to support Mr. Manturov’s department, mediocre wasteful (not to say worse) cooperation with advanced Western and Japanese brands? The choice is small – Chinese and Iranian companies, technologically much inferior to those who have been hanging out here for a long time and making a rather big fuss.
In themselves, special investment contracts as a tool are neither bad nor good – the question is how they are used, to whose benefit, so to speak. And there is a clear feeling that so far the interests of those same car manufacturers have been taken into account first and foremost, who were lured to our market with all their might and made sure they made good money here, looking through their fingers at all simple frauds that allowed them to receive benefits and Don’t hit your finger on this. The interests of the state were largely not taken into account – tea will not become poorer. However, pensions in Russia are ridiculous and salaries are not great.
I would not want to see such a policy repeated again, now with new beneficiaries. They have a lower chimney and thinner smoke.
Our Ministry of Industry and Commerce is out of luck. Whatever he does, it doesn’t work. That is why the department’s initiatives are often viewed with skepticism, even if they seem completely harmless. Take, for example, the same SPIC – special investment contracts. This is a normal tool for developing our own production and technological base, which means that we need to attract investment into the Russian economy under state guarantees for obtaining favorable business conditions and tax benefits.
The Ministry of Industry and Trade believes that the expansion of the SPIC will increase the attractiveness of the Russian automotive industry in terms of investing money and ideas in its development. And they think correctly – it’s a good thing if by business we mean not assembling screwdrivers and not putting labels on finished products, but the development of technologically intensive advanced industries. However, this is where unpleasant thoughts begin to creep into your head.
The mechanism of special investment contracts has been launched in Russia since 2015. They were concluded with all major Russian and foreign automobile concerns that had factories on the territory of our country. And what was the outcome? That’s right, zero.
As soon as the uncle stomped his foot in the puddle a year ago, the vast majority of global auto brands immediately picked up and shed a tear, spitting on the unchanged business terms and preferential taxation. But before turning the Ministry of Industry and Trade into a handle, the “business partners” were not too lazy to pack up and take with them all the coveted technologies, for which, in fact, the SPIC was created.
“The Ministry of Industry and Trade of Russia is implementing a series of state aid measures aimed at creating conditions for deepening technological sovereignty, including in the automotive industry,” the ministry’s press service told Gazeta.Ru. How comforting that sounds, right? Only one question arises for me – what has the department been doing all this time, at least since 2015? How has it deepened and protected our technological sovereignty when it already holds all the levers that the government is going to give it again?
A huge amount of money was spent on all sorts of benefits for car manufacturers and boosting car sales – several tens of billions of rubles a year. And what? As soon as Western concerns slammed the door, all car factories rose up, including the most domestic AVTOVAZ! However, after some time he started working again, but semi-finished products, devoid of the necessary security systems, began to leave his assembly line. This is the kind of technological sovereignty that the Ministry of Industry and Trade, led by its permanent leader Denis Valentinovich Manturov, has given us for more than 8 years.
In a black eye, representatives of the ministry told our colleagues that in the case of setting up production in Russia, including the conclusion of technological partnerships with domestic automakers, foreign auto companies have the right to count on state aid. Have these new songs about the old not been forgotten? Now who is going to support Mr. Manturov’s department, moderately wasteful (not to say worse) cooperation with advanced Western and Japanese brands? The choice is small – Chinese and Iranian companies are technologically much inferior to those who have been hanging out here for a long time and making a rather big fuss.
In themselves, special investment contracts as a tool are neither bad nor good – the question is how they are used, to whose benefit, so to speak. And there is a clear feeling that so far the interests of those same car manufacturers have been taken into account first and foremost, who were lured to our market with all their might and made sure they made good money here, looking through their fingers at all simple frauds that allowed them to receive benefits and Don’t hit your finger on this. The interests of the state were largely not taken into account – tea will not become poorer. However, pensions in Russia are ridiculous and salaries are not great.
I would not want to see such a policy repeated again, now with new beneficiaries. They have a lower chimney and thinner smoke.
Source: Avto Vzglyad
Donald Salinas is an experienced automobile journalist and writer for Div Bracket. He brings his readers the latest news and developments from the world of automobiles, offering a unique and knowledgeable perspective on the latest trends and innovations in the automotive industry.
