ID :
198639
Tue, 08/02/2011 - 08:40
Auther :

Russia's industries to reach pre-crisis level in 2013-2014 - minister

MOSCOW, August 2 (Itar-Tass) -- Most of Russia's industries will reach
the pre-recession level in 2013-2014, Russian Minister of Industry and
Trade Viktor Khristenko said in his feature published in the Tuesday issue
of the RG-Business, a supplement of the Rossiskaya Gazeta daily.
"It is vitally important for us to maintain rhythmical financing of
target programs and to begin their implementation in due time," the
feature reads.
According to Khristneko, the ministry of industry and trade is
currently integrating all types of expenses under the state programs. The
process, in his words, will be over in 2012. "The Ministry of Industry and
Trade is forming five such programs: aviation, ship-building,
pharmaceuticals, electronics, and a large-scale state program for the
development of backward industries," he said.
The program for the development of the aircraft-building sector aims
to help Russia by 2015 be ranked among the world's top three in the
sector, to be among global leaders in the civil segment, among the world's
top three helicopter makers, and among the world's five leaders in the
engine-building market.
It is also planned to bring the share of Russian manufacturers on the
pharmaceutical market to 37 percent by 2015. "And by 2020, Russian
manufacturers will account for at least 50 percent of the Russian market
of medicines," Khristenko said.
He also pointed that the development strategy in the automotive
industry proved to be successful. In 2010, Russia motor car market grew by
29.9 percent practically reaching the figure of 1.76 million cars.
Concurrently, Russian car output almost doubled (1.2 million). "Impressing
growth rates are reported this year as well. We are actually returning to
the volumes of the pre-recession 2007, although with an utterly new market
structure and domestic production," he said.
In his words, the ministry predicts that a total of 2.7 million cars
will be sold in 2011. "According to our estimates, by 2014 we will be
Europe's number one market having exceeded the three million level," he
stressed.

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