Ufa stands in the line of outsiders by investment activity

In 2010 Ufa remained in the list of outsiders among ten Russian cities with the population more than one million people (not taking Moscow and Saint-Petersburg into account) by the level of investment activity. This problem was discussed by the Ufa administration today.

“The investments to the fixed capital are one of our weakest points” – the Ufa Mayor Paul Kachkaev said – “Now we stand on the eighth-ninth positions among ten cities in Russia and this is definitely not our level. Moreover the Ufa budget is socially-oriented by 80% and it means development of building and industry in the city is possible only with the help of investors”.

By the way, Kazan – one of the closest neighbors of Ufa – holds the first place in this list and the volume of attracted investments there turned out to be twice higher than in the capital of Bashkiria.