Oil extraction plant is launched at full capacity in Kumertau

UFA, 6 October 2017. /Bashinform News Agency, Galina Bakhshieva/. A full-scale launch of an anchor investment project - an oil extraction plant - took place in Kumertau.

Implementation of the "Oil Extraction Plant in Mayachny of Kumertau District" project was promoted by the joint work of the republic and the Mono-City Development Fund.

According to the press service of the Ministry of Economic Development and Trade of the region, within the framework of the agreement on co-financing concluded between the Fund and Bashkortostan, five infrastructure facilities for a total amount of over 310 million rubles were built for the investment project. Of these, the Fund's resources exceed 250 million rubles, the republican resources - 60 million.

Among these facilities there is a gas pipeline with a length of about four kilometers, almost one kilometer of a high-voltage power transmission line, a road with a parking lot for freight transport with an area of more than seven thousand square meters, treatment facilities, more than 10 kilometers of railways with road crossings.

The agreement provides for capital investments in the amount of more than 4.3 billion rubles, as well as creation of 520 new jobs not related to the activities of the city-forming enterprise of JSC "KumAPP".

In addition, the Investor Fund for the implementation of this project granted an easy loan in the amount of 1 billion rubles for eight years at 5% per annum.