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Offset contracts will help Moscow save more than rub 18 bn on public procurement

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Moscow was the first region in the Russian Federation which conclude offset contracts with investors. The total volume of private investments under five offset contracts will amount to RUB 12.9 bn. The volume of purchases is RUB 72.7 bn.

The city has been using such a mechanism as offset contracts since 2017. This is beneficial for Moscow because of receiving a large volume of investments in fixed assets, a fixed price for goods and availability of a long-term reliable supplier. This is also beneficial for the investor due to receiving guaranteed sales for safely planning production activities. The city has already signed five offset contracts: three of them in pharmaceuticals, one in the food industry, one for the manufacture of medical equipment.

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