Bashkortostan determined capital investments in 2012

The republican addressed investment program-2012 is approved in Bashkortostan. The program is approved by the corresponding decree of the Government RB and determines the volume and directions of capital investments-2012, the press-service of the Ministry for economic development RB reports.

Development of social complex will become the top priority direction for state investing. Thevolume of the means, determined by the program for modernization of education, health protection, culture and sport objects, amounts to 4,5 billion rubles or 52% of the overall program’s budget, equal to 8,7 billion rubles. Thus, 52 kindergartens, six schools, 13 sports centers and the ice palace in Sterlitamac will be put into exploitation.

“It is worth noting that by organization of the investment process 2012 will be different from all previous years” – the press-service of the Ministry for economic development RB explained – “The investment expenses and financing of building and repair works are provided in the republic for several programs, maintained by different public structures and in order to conduct the unified investment policy we intend to work up the coordination plan of investment activity, which includes such directions as the Republican goal-oriented investment program, the investment fund RB, the objects of the federal goal-oriented investment program and the objects, financed by off-budget sources. In the nearest future the document will be introduced to the Republican Government”.