The Development Corporation of the Republic of Bashkortostan continued effective work on improving the investment climate in the region

20.06.2022

The Republic of Bashkortostan has retained its position in the TOP 5 of the National Rating of the investment climate of the subjects of the Russian Federation for 2021 by the Agency for Strategic Initiatives (ASI), taking fifth place. This became known during the St. Petersburg International Economic Forum (SPIEF). One of the agencies that are systematically working to improve the investment climate in the region is the Bashkortostan Development Corporation.

–Last year was very fruitful for the Development Corporation. Success was achieved thanks to our well-coordinated joint work under the leadership of the Ministry of Economic Development and Investment Policy of Bashkortostan with the departments of the region, in particular, with the Ministry of Foreign Economic Relations and Congress Activities and the Ministry of Industry, Energy and Innovation. In December, the technical opening of a new production complex with an area of 20 thousand square meters took place on the territory of the Ufa Industrial Park, and the first production was launched. Currently, the residents of the park are 12 companies with a total investment of about 34.5 billion rubles," said Nail Gabbasov, General Director of the Development Corporation of the Republic of Bashkortostan. - The first enterprises were opened in the special economic zone "Alga". Two residents started their work here - the companies "ZUR" and "Arcade". I would like to note that the SEZ "Alga" was recognized as the most dynamically developing in the National Rating of investment attractiveness of economic zones. To date, 12 companies have already become residents of the preferential zone. The total volume of their investments is about 25.6 billion rubles.

In order to interact more systematically with investors, the Development Corporation in 2021 introduced such tools as panoramic shooting of investment sites in 360 format and the formation of virtual tours on them. For the first time, the concept of virtual tours was presented as part of the International Business Week 2021. Currently, 140 tours of 168 investment sites are available on the website of the Development Corporation in the section "Virtual tours".

- For more efficient work, we have implemented the institute of project managers, the essence of which is that a specialist is assigned to each investor. Our employee answers all questions, collects the necessary information, coordinates the actions of participants in the investment process of implementing the investment project," Nail Gabbasov explained.

To attract investors to the region, the Corporation initiated online meetings with the business sheriffs of the municipalities of Bashkortostan. During the meetings, the participants determined the growth points of each of the districts.

- Based on the results of online meetings, our specialists formed business proposals based on a detailed analysis of promising areas of municipalities. Thus, we provide entrepreneurs with ready-made ideas for business development in Bashkortostan. Each business proposal contains the necessary information about the concept of the proposed project, the land plot and financial and economic indicators. The developed business proposals are posted on the website of the Development Corporation in the section "Business cases" and the showcase of projects of the investment portal of the Republic of Bashkortostan," Nail Gabbasov said.

To date, the Corporation continues to conduct systematic work to attract investors to the region. Since the beginning of this year, two major investors have made the decision to localize production in Bashkortostan. The Turkish company Sanica Pipe intends to invest about 2.3 billion rubles in the production of plastic pipes in the Ufa Industrial Park, as well as combined boilers and heating batteries in the special economic zone Alga. The Belarusian company "Amkodor" will also place its enterprise in the region. Having invested 2.5 billion in the project, the investor intends to produce full-cycle grain processing equipment on the territory of the Ufa Industrial Park.

For reference:

The National rating of the investment climate since 2014 evaluates the efforts of regional authorities to create favorable business conditions and identifies best practices, and its results stimulate competition in the fight for investment at the regional level. The rating is calculated on 44 indicators in 4 areas: regulatory environment, institutions for business, infrastructure and resources, support for small businesses. The Agency for Strategic Initiatives (ASI) is a Russian ANO created by the Government of the Russian Federation to implement a set of measures in the economic and social spheres. In particular, to promote priority projects, implement measures to improve the business environment in Russia, and develop professional personnel.