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Gold mining enterprise 1

Preparation of a set of documents in order to receive subsidies for the construction of infrastructure

Tasks

  • The client is a mining company in the territory of the Russian Federation implementing a major investment project for gold mining in the territory of the Far Eastern Federal District
  • To achieve a positive economic effect from implementation of the investment project, it is necessary to attract subsidies from the federal budget of the Russian Federation in the amount of 100% of the cost of construction of the necessary network infrastructure facilities

Solution

  • The GREEN team acted as a financial consultant on the investment project in accordance with the requirements of Decree of the Government of the Russian Federation dated June 16, 2014 No. 1055 and the requirements of methodological recommendations approved by Order of the Ministry for Development of Russian Far East dated December 16, 2015 No. 2.
  • A set of documents has been prepared and submitted to the client in accordance with the requirements of the legislation, namely:
    • conclusion confirming the validity of the calculations of the business plan and the financial and economic model
    • risk assessment of the investment project and its budget effectiveness
  • In order to agree on the prepared conclusion, the GREEN team took part in a meeting of the government sub-commission on the selection of investment projects planned for implementation in the territories of the Far East and the Baikal region

Results

A positive conclusion was received on the compliance of the investment project with the requirements of the Methodology for selecting investment projects planned for implementation in the Far East and the Baikal region, approved by Decree of the Government of the Russian Federation dated June 16, 2014 No. 1055.

A subsidy was received to finance the construction of the necessary network infrastructure facilities in the amount of more than 9 billion rubles.

Projects

See also

Our projects
in Fundraising