Bashkortostan has become one of the leaders in the implementation of the Regional Investment Standard

Bashkortostan took the third place according to the data of the Efficiency Index of the implementation of the Regional Investment Standard (RIS) in 2023. This became known during a meeting of the investment headquarters under the leadership of the First Deputy Prime Minister of Russia Andrey Belousov. The implementation assessment was carried out on five elements, one of which is the work of the development agency. In Bashkortostan, these functions are assigned to the Regional Development Corporation, which is among the top five among the development agencies of 43 entities that have implemented RICE. In this category, experts assessed the quality of the work of a regional organization to attract investment and work with investors.

Joining the top five is the result of teamwork of the Development Corporation, as well as republican ministries and departments, together with which we work for the benefit of improving the investment climate," said Nail Gabbasov, Director General of the Development Corporation of the Republic of Bashkortostan. We thank our partners for the high appreciation of our work and in the future we will try not only to maintain our positions, but also to regularly improve our work in order to create comfortable conditions for the implementation of investment projects under our supervision.

Earlier, according to the Agency for Strategic Initiatives, the Development Corporation entered the group with the highest efficiency of organizational mechanisms for business support, moving from the group "C" to the group "A".

Recall that the Republic of Bashkortostan has been participating in the implementation of the federal initiative to create a system for supporting new projects in the constituent entities of the Russian Federation since 2022. As part of the implementation of the Standard, the responsible departments formed an Investment Declaration, reformatted the work of the Investment Committee, supplemented the functionality of the Development Corporation, adopted a Set of Investment Rules, and finalized the Investment Map. Thus, according to the data of the RIS Implementation Index, in addition to the work of the development agency, Bashkortostan is also positively noted for the work of the Investment Committee and the investment declaration.