The Chinese investor was presented with the advantages of placing enterprises in Bashkortostan

16.05.2024

A Chinese investor is considering Bashkortostan for the localization of an enterprise specializing in the chemical industry. This was discussed during a meeting of the management of Chengdu Chengdastar Engineering Co. with Alexander Sheldyaev, Deputy Prime Minister, Minister of Industry, Energy and Innovation of the Republic of Bashkortostan, and Nail Gabbasov, Director General of the Regional Development Corporation. Recall that these days the delegation of the Republic of Bashkortostan, on behalf of the Head of the region Radiy Khabirov, is on an official visit to China.

Cooperation with China in the petrochemical industry opens up great opportunities for mutual investment and technology exchange. These projects will help to implement advanced solutions, create new jobs and strengthen economic growth. We are confident that this partnership will be a key step in the development of the petrochemical industry of the Republic of Bashkortostan and strengthening economic ties between our countries," said Alexander Sheldyaev, Deputy Prime Minister of the Government of the Republic of Bashkortostan, Minister of Industry, Energy and Innovation.

During the meeting, the participants discussed possible options for establishing business relationships and further cooperation in the implementation of the company's investment projects in Bashkortostan. For example, the investor was interested in free sites and existing government support measures.

The first stage of the negotiations showed the investor's active interest in Bashkortostan as a territory for business development. We, in turn, outlined all the prospects and advantages of mutual cooperation, explained Nail Gabbasov, General Director of the Development Corporation of the Republic of Bashkortostan. As soon as the investor outlines his requirements for the project, we will form a pool of sites that meet all the stated parameters. So, he will be able to make a decision on the possibility of localizing the enterprise in Bashkortostan.

According to the investor, the negotiations had a positive impact on the establishment of business relations between Bashkortostan and China.