Bashkortostan will introduce an end-to-end investment process

07.03.2024

A meeting was held at the Ministry of Economic Development of the Russian Federation under the leadership of Deputy Head of the department Murat Kerefov, at which issues of implementation of the Regional Investment Standard 3.0 in the subjects of the Russian Federation were considered. Svetlana Vereshchagina, Deputy Minister of Economic Development and Investment Policy of the Republic of Bashkortostan, said that during the discussion, priorities in this area in 2024 were outlined.

The Regional Investment Standard 3.0 provides for the introduction of three new elements: investment proactivity, end-to-end investment process, continuity based on business feedback. Now Bashkortostan will have to update the unified center for processing business messages, according to the new introductory documents of the Ministry of Economic Development of Russia. Work in this direction is actively underway, currently drafts of regulatory legal documents have been developed regulating the activities of the feedback mechanism with subjects of investment and entrepreneurial activity. As part of the "End-to-end Investment Flow" project using lean technologies, it is planned to reduce the time required to connect to the infrastructure, Svetlana Vereshchagina said.

In the Republic of Bashkortostan, in 2023, the optimization of the investor's "client path" was carried out in the context of the investor's action algorithms for connecting to the infrastructure and obtaining permits. By optimizing the stages and number of procedures, increasing the efficiency of providing state and municipal services, digital services, the investment and construction cycle has been reduced by 40%.

It was also noted at the meeting that as part of the implementation of the Regional Investment Standard 3.0, another element of investment proposals will be introduced. Thus, Alexander Molodtsov, Director of the Department of Labor Productivity, Protection and Promotion of Investments of the Ministry of Economic Development of the Russian Federation, stressed that such a tool for working with investors has already been introduced in Bashkortostan. This practice has been proposed for replication in other regions.

Nail Gabbasov, Director General of the Development Corporation of the Republic of Bashkortostan, spoke about the work carried out by the department in this direction.

The Development Corporation regularly implements new tools in its work. These include investment proposals with a well-developed concept, detailed financial and economic indicators and a selected platform. As part of the implementation of the Standard, much attention is paid to the support of investment projects by municipalities. So, together we are working on growth points in order to form investment proposals, which we will present to potential investors in the future, Nail Gabbasov noted.

As part of the implementation of the 3.0 Standard, it is planned to continue training investment teams of the subjects of the Russian Federation on the basis of the Russian Academy of National Economy and Public Administration. This year it is proposed to increase the number of trained municipal employees.