The Council of Ministers has expanded the scope of modern technologies eligible for private investment contracts by adding 19 new positions. This update broadens the list of areas where private funds can be directed to accelerate development and commercialization of advanced solutions.
The refreshed roster highlights areas such as industrial production methods for a universal device used to test fans, technologies specific to manufacturing digital electrical meters, and the creation of high-quality steel with a reduced carbon footprint. These additions aim to diversify investment opportunities and support the growth of cutting edge industries capable of delivering competitive products on the global market.
Officials noted that the investment mechanism has been in operation in its revised form since late 2020. Its central advantage is to attract substantial private capital toward the development of new solutions and sectors that enable companies to deliver innovative products and technologies more rapidly.
Contracts under this mechanism are structured for a 15-year term when investments do not exceed 50 billion rubles. If larger-scale investments are involved, the duration can be extended to 20 years, allowing longer planning horizons for investors and developers alike.
At a recent industry gathering, a high-ranking energy sector executive commented that the state agency has entered into a dozen uranium-related contracts with seven different countries since the start of 2022, underscoring ongoing efforts to expand international collaboration and secure long-term energy and research partnerships.
These developments reflect a broader strategy to harness private capital for strategic technologies, reduce reliance on public funds, and accelerate the domestic creation of competitive products. By widening the list of eligible technologies and clarifying long-term investment terms, the government signals confidence that market-driven innovation can play a pivotal role in strengthening national capabilities across critical sectors.
Industry observers in North America and Europe note that similar models are increasingly used to align private expertise with national priorities, unlocking efficiencies and scale. The evolving framework aims to balance ambitious technological ambition with prudent risk management, ensuring that investments deliver tangible benefits while maintaining fiscal responsibility.
In practical terms, the updated mechanism creates clearer pathways for investors seeking to fund pilot projects, scale-up manufacturing, and bring next generation devices to market faster. It also encourages collaboration between private firms, research institutions, and government bodies to advance standards, supply chains, and environmental performance across the technology spectrum.
Overall, the expansion of eligible technologies signals a forward-looking approach designed to accelerate innovation, create high-value jobs, and strengthen the competitiveness of national industries on a global stage, while maintaining a focus on sustainable development and responsible investment practices.