In Bashkortostan, the initiators of two investment projects concluded agreements on the protection and promotion of investments with the Government of the Republic

The initiators of investment projects for the construction of a sewing enterprise in Bizhbulyak and the expansion of gypsum and expanded clay production in Ufa signed agreements on the protection and promotion of investments with the regional government. The company "Delta" intends to increase production capacity and assortment by building a new sewing enterprise for the manufacture of personal protective equipment. The volume of investments in the project will amount to 35 million rubles. As part of the implementation of the enterprise's project, the Ufa Gypsum Company plans to increase the production of gypsum and expanded clay. The volume of investments in this initiative will amount to 123 million rubles. Both projects are accompanied by specialists of the Bashkortostan Development Corporation.

The expansion of enterprises is not only an increase in production capacity, but also the creation of new jobs. So, 63 new employees will be involved in the production of the company "Delta", and the Ufa Gypsum Company"25" will be involved in the enterprise. I would also like to note that the implementation of the projects will have a positive impact on tax generation and will allow investors to reach a new level of promotion of their products on the Russian market," said Nail Gabbasov, General Director of the Development Corporation of the Republic of Bashkortostan.

Earlier, with the assistance of the Development Corporation, these projects were presented to the Head of Bashkortostan Radiy Khabirov at the "Investment Hour" and included in the List of priority investment projects of the republic. This made it possible for investors to apply for state support in the form of obtaining tax benefits and land plots for rent without bidding.

Recall that in July of this year, the authorities of Bashkortostan presented a program of work with investors, which significantly simplified the requirements for new projects to receive state support. The innovations made it possible to eliminate bureaucratic barriers, optimize regulatory procedures, as well as digitize the process of project support. One of the implemented tools for state support of investment projects was the conclusion of an agreement with the investor on the protection and promotion of investments. Thus, investors whose projects have received priority status are guaranteed the preservation of the conditions that were in effect at the time of the conclusion of the agreement on the implementation of the investment project.