Bashkortostan will become a pilot region for the launch of industrial mortgages

22.06.2022

Bashkortostan will become a pilot region where industrial mortgage mechanisms will be tested. Its launch in Russia was announced by President Vladimir Putin during the St. Petersburg International Economic Forum, held from June 15 to 17. It is assumed that enterprises will be provided with preferential loans at a rate of up to 5% per annum for the construction or purchase of real estate directly from an industrial developer.

We worked on this initiative together with colleagues from other regions and the Association of Industrial Parks. The authorities of Bashkortostan decided that the testing will take place on the territory of the Ufa Industrial Park and the Alga Special economic Zone, the management company of which is the Development Corporation. If residents need to build some buildings, and there are not enough own funds for these purposes, then the industrial mortgage mechanism is an excellent option for expanding production, said Nail Gabbasov, General Director of the Development Corporation of the Republic of Bashkortostan. "Now we are seeing that businesses are ready to invest in the development of industry, but without available loans, it is not always worth counting on large investments.

In early June, Russian Prime Minister Mikhail Mishustin instructed the Ministry of Industry and Trade, the Ministry of Finance and the Ministry of Economic Development to work out the issue of launching industrial mortgages in the country with the participation of the heads of several regions.

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The Ufa Industrial Park is located at the entrance to the Shaksha microdistrict of Ufa. Its area is almost 300 hectares, and the sites are intended for enterprises of different industry orientation. The convenient location provides an accessible transport infrastructure. To date, residents of the Ufa Industrial Park are 12 companies with a total investment of 34.5 billion rubles.

A special economic zone of industrial and production type "Alga", created on the territories of the Ishimbay and Sterlitamak districts of Bashkortostan. The preferential zone is located on four separate sites, which makes it possible to place enterprises according to the cluster type. According to the results of the National Rating of investment attractiveness of economic zones of Russia in 2021, the SEZ "Alga" became the most dynamically developing among the special economic zones of industrial and production type and received the status of "Opening of the Year". To date, the residents of the SEZ "Alga" are 12 residents with a total investment of 25.63 billion rubles.