Last year, investments in the economy of the Republic of Bashkortostan reached a historical maximum, exceeding 620 billion rubles. This was announced by the head of the government of Bashkortostan Andrei Nazarov in a report to the State Assembly – Kurultai of the republic based on the results of the past year and five-year plan.
He also indicated that the share of investment funds in the gross regional product increased from 15 to 26%. The number of implemented investment projects over the five-year period has increased 3.5 times – now there are more than 2 thousand. “In general, over 5 years we have managed to increase investments by one and a half times with a total volume of 2 trillion. 300 billion rubles. Bashkortostan was developing at a pace that was almost 2 times faster than the all-Russian one,” said Andrei Nazarov.
The growth of investor interest is undoubtedly associated with the implementation of the government program for the protection and promotion of investments in the republic. In general, over the five-year period, investors were provided with government support worth 17 billion rubles. For one ruble there are more than 10 rubles of investment.
The increase in investment has a positive effect, in particular, on the development of the republic’s industry, which is actively supported by the government. As Andrey Nazarov reported, over the past three years, Bashkortostan has been among the top three regions in the ranking of the effectiveness of industrial policy. Over the past 5 years, the republican authorities have allocated more than 12 billion rubles for state support of industrial production, and about 50 new industries have been opened. As a result, last year industrial production in the republic increased by 6.5%. In particular, in the Republic of Bashkortostan over the past five years, production volumes in the light and woodworking industries have been doubled.
“In order to achieve the goals set by the President of the country in terms of strengthening technological sovereignty and accelerated industrial development, in the coming years the industry of our republic must grow by at least 1.5 times. The beginning has already been made. Thus, in December, together with KAMAZ, the Master machine-building technology park was opened in Tuymazy with an investment volume of more than 1 billion 300 million rubles. We are implementing a breakthrough project to create an unmanned aviation industry. We have 3 manufacturers of such systems. Construction of the RV-1 Radioelectronic Technopark has begun in Ufa,” Andrey Nazarov reported.
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