site map
Gateway to Russia
 RUSSIA IN FACTS
15 December 2004 15:18
Russian government plans to create "powerful" aircraft corporation

The Russian government is considering a project for creating a powerful aircraft corporation on the basis of existing factories, Deputy Prime Minister Aleksandr Zhukov said today at a meeting with President Vladimir Putin, held before the head of state left for St Petersburg.
"The Ministry of Industry and Energy has submitted to the government a project for creating, on the basis of our plants, a powerful aircraft corporation which will be competitive in the world," Zhukov said. He said it was a very important project because other industries follow the aircraft industry. "In the 2005 budget we have a four-fold increase in allocations for aircraft building, and a total of R15bn is expected to be spent on developing this industry," he said.
Zhukov also told Putin about his meeting with State Duma leadership today to discuss a medium-term development programme for 2005-2008. "It envisages the development of practically all industries: education, health care, all branches of industry, and agriculture," he said. "We believe it is important to discuss the programme with all public forces, and first and foremost in the State Duma, before discussing it in the government," he said.
He said it was agreed at the meeting to hold hearings in all main committees of the State Duma and hear out deputies' comments on the programme. 

Source: ITAR-TASS news agency, Moscow
BBC Monitoring


[BBC Monitoring]
Subscription to the daily news digest
Click here to subscribe to the daily news digest.
You will be able to choose your own topics of interest.
Your e-mail address will be kept confidential and will be used exceptionally for sending you this digest.
MOST POPULAR ARTICLES
MORE OF THE LATEST NEWS

YUKOS files for bankruptcy in US
Growing in Africa
Gaps in the System
Fountain of Youth for Sale
Success on the High Seas
Russia to have middle class by 2010

YUKOS files for bankruptcy in US
Russian government plans to create "powerful" aircraft corporation 
Russian PM confident of meeting economic targets 
British investors offer to buy out Russia`s Yukos, settle its tax debts
Russia`s Economic Ministry issues economic growth forecast
Left-wing radicals take over presidential office in Moscow
top        Send article by e-mail
Get more info about Russia

Contact Us

© Copyright Gateway to Russia 2003

The site is created and administrated by Expert Group within the framework of contract with the Financial Times