Three elements of the support system for new investment projects have been introduced in Bashkortostan

13.04.2022

Active work on the implementation of the Regional Investment Standard continues in the republic. The first three elements of the Standard have already been implemented: the Investment Declaration of the Republic of Bashkortostan has been adopted, the work of the Investment Committee of the Republic of Bashkortostan has been reformatted, the functionality of the Development Corporation of the Republic of Bashkortostan has been supplemented.

All work on the implementation of the Regional Investment Standard (2.0) is built into the general paradigm of creating effective tools for interaction with investors and increasing the investment attractiveness of Bashkortostan. In order to ensure consistency and control of the established deadlines, all events are included in the network schedule of the implementation of events, First Deputy Prime Minister of the Government - Minister of Economic Development and Investment Policy of the Republic Rustam Muratov said.

Recall that the Investment Declaration of the Republic of Bashkortostan was approved by the Decree of the Head of the Republic of Bashkortostan dated 02/28/2022 No. UG-79, guarantees the priority of investment activity, informs about the goals of investment development of the republic, key characteristics, investment obligations and the investment team of Bashkortostan.

The Investment Committee of the Republic of Bashkortostan, in addition to its main function of creating favorable conditions for conducting investment activities, will resolve investor's disagreements and disputes with republican state authorities, local self-government bodies, authorized organizations on the implementation of investment projects in the territory of the Republic of Bashkortostan in a pre-trial manner. Changes in the composition and powers of the Investment Committee of the Republic of Bashkortostan were approved by the Decree of the Head of the Republic of Bashkortostan dated 28.03.2022 No. UG-156.

JSC "Development Corporation of the Republic of Bashkortostan", in addition to its main tasks, will now carry out, within its competence, monitoring and analysis of the investment attractiveness of the Republic of Bashkortostan, as well as assist in organizing and conducting regional, interregional and international exhibition and fair, presentation and congress events.

The Decree of the Government of the Republic of Bashkortostan approved changes in the Action Plan for the creation of a system for launching and supporting investment projects in the republic in terms of updating the deadlines for the implementation of measures to implement the Standard and responsible performers.

At the moment, work is continuing on a Set of investment rules, thanks to which the time for obtaining permits for connecting facilities to water supply, gas supply and electric networks should be significantly reduced and, consequently, the investor's client path will be optimized. The next element of work on the Standard, which is being prepared for adoption, should be the Regulations for the formation of the Investment Map of the Republic of Bashkortostan.

For reference:

Recall that at the end of last year Bashkortostan became one of the "pilot" regions of Russia planning to introduce a new tool to support investors in 2022. The methodological recommendations approved by the Order of the Ministry of Economic Development of the Russian Federation No. 591 dated December 30, 2021 "On the system of support for New Investment Projects in the Subjects of the Russian Federation" provide for the formation of six elements of the Regional Investment Standard:

  • Investment declaration;
  • Investment Committee;
  • Development Agency;
  • Investment card;
  • Set of investment rules;
  • Monitoring and confirmation of the implementation of the support system for new investment projects.
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