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Economy/Business
23 December 2016, 17:57

Belebey will receive 239 million to build infrastructure from Monocities Development Fund

UFA, 23 December 2016. /Bashinform News Agency, Olga Murtazina/. The Supervisory Board of the Monocities Development Fund approved an application of Bashkortostan on co-financing the cost of infrastructure construction necessary for the implementation of new investment projects in the monocity of Belebey. This was reported by the Ministry of Economic Development of the republic. The positive decision is a basis for the conclusion of the Agreement on infrastructure construction co-financing.
The application considers two investment projects - complex modernization of JSC "Belebeevsky Dairy Plant" capacities and organization of steel structures production at "AMMA" Research and Production Enterprise LLC. In the first case, with the support of the Fund it is planned to build sewage treatment facilities, in the second – to arrange electricity supply. The planned volume of co-financing will amount to more than 250 million rubles, of which 239 million rubles will be directed from the Fund. The investment projects implementation will allow attracting more than 2.6 billion rubles and creating more than 300 jobs by 2020.
Author:Olga Murtazina
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