Growth of investment in fixed capital exceeded 11 percent in Bashkortostan

The volume of investments in fixed capital from all sources of financing in January-June 2014 amounted to 97.9 billion rubles in Bashkortostan that is by 11.3 percent more than in the same period of the last year.

According to the Ministry of Economic Development RB, the republic today occupies the leading positions in the country, as evidenced by the growth rate of investment volume in fixed assets. Over the past few years Bashkortostan consistently is among the top ten regions with the highest economic potential and in the top 5 regions with minimal economic risks.

The bulk of investments in the first half of this year was directed to the construction and modernization of buildings (non-residential) and facilities - 36.9 percent of total investment, which exceeds the level of January-June 2013 by 6.6 percent. 27.8 percent of all investments were directed to housing construction since the beginning of this year.

On July 1, Rustem Khamitov chaired a meeting of the Government Commission for consideration and support of priority investment projects. It was noted that only in 2013, investments in the republican economy grew by eight percent and exceeded 266 billion rubles. Currently, with the support of the commission about one hundred major projects are being implemented in the republic, the press service of the head of the region informs.