The phosphoric acid production project in Bashkortostan has received priority status

The authorities of Bashkortostan have included in the List of priority investment projects of the Bashkir Phosphate Company, which plans to establish production of pure and technical phosphoric acid in the republic. The decision to assign a priority status to the project was made by the Head of the region, Radiy Khabirov, following the results of consideration at the meeting of "Investors". The investor intends to invest about 1.9 billion rubles in his initiative, creating 150 new jobs at the enterprise.

The presented project is under the supervision of the Development Corporation of the Republic of Bashkortostan. 

Inclusion of the project in the Priority List will allow the investor to apply for a number of government support measures. One of them is the provision of a land plot for rent without bidding. To do this, our specialists have selected a land plot for the investor in the Meleuzovsky district, which fully meets the requirements of the project. Previously, an analysis was also carried out on the relevance of the site, the presence of connection points to utility networks, the presence or absence of encumbrances. In addition, the investor will be able to claim tax benefits and receive subsidies for the construction of a technological complex. The documents for a successful presentation to the Head of the region and receipt of the listed support measures were also prepared by our specialists. The investor plans to launch the enterprise in 2025," explained Nail Gabbasov, General Director of the Development Corporation of the Republic of Bashkortostan.

Recall that the project will be implemented as part of import substitution. In the future, the investor is considering further expansion of the product line.