The Government will continue support of large investment projects

In 2010 the Government RB will continue support of large investment projects in spite of the negative tendencies, caused by the global financial crisis, still observed in Russian economics. The corresponding expenses are included into the budget-2010.

According to the first deputy Prime-minister of Government RB, Minister of finances RB Airat Gaskarov the whole volume of investment resources, necessary for realization of all pre-planned investment projects, makes about 150 billion rubles.

A part of the projects will be developed with participation of foreign investors, such as production of building materials jointly with the French company “Saint-Gobain”, construction of the second turn of ceramic tile production together with the Austrian company “LASSELBERGER”, extension of the glass package production with participation of Turkish business etc.

Substantial volume of finances is reserved for realization of the investment projects in machine-building sphere with participation of such Republican enterprises as the motor-car plant in Neftekamsk and the plant of mixer lorries in the town of Tuimazy. 14 projects will be directed to development of the Republican agricultural production.

As the Minister of finances RB said, the projects will be supported either in the form of tax preferences or in the form of direct financial aid from the direction of the Government RB.