Funding the construction of "Sovelmash" D&E

Will the amount that was announced a year earlier (namely, $ 50 million) be enough to implement the project? How is the funding progressing? These issues are of importance to all the project participants.

As Dmitriy Duyunov has noted, the pace of the project funding is changing. It depends on advertising, the rate of attracting investors, paying off installment plans by investors, as well as other factors. Nevertheless, all the actions taken by the project team still allow us to maintain an even pace of raising funds.

Speaking about the sufficiency of $ 50 million, it is important to note that when the project just started, the economic model and the amount of funds required to achieve the project goal were calculated. The possible risks were taken into account, including the ruble appreciation. Based on these calculations, the announced funds should be enough. But it is impossible to make accurate predictions on this issue. There are too many factors that can slow down the project, for example, the pandemic that no one could have predicted. Plans and real life are often not the same thing.

Do you want to know more about how the project is developing? Follow our news and regularly watch the program "Expert Time" with Dmitriy Duyunov.