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Economy/Business
19 December 2017, 15:53

Bashkiria Agriculture Ministry named most important investment projects of year

UFA, 19 December 2017. /Bashinform News Agency, Olga Murtazina/. The Ministry of Agriculture of Bashkiria named the most important investment projects of the year in the field of agriculture and processing. Total, almost 2.8 billion rubles were invested in the industry.
"Ufagormolzavod" allocated 33 million rubles to the production expansion, which allowed it to produce an additional 2,5 thousand tons of whole-milk products in 2017.
"Davlekanovskiy KHP No. 1" invested 175 million rubles to increase the output of mixed fodders by 50 thousand tons.
"Russian Grain" and "Turbaslinskie Broilers" attracted 285 million rubles to increase poultry meat production by 31,000 tons.
"The State farm" Alekseevsky" directed 455 million rubles to development.
The "Elevator" company (part of Chelyabinsk holding company "Sigma", operates oil extraction plants in Chishmy district and Kumertau) invested 634 million in new production in Mayachny village with the capacity to produce 77 thousand tons of sunflower oil and 47 thousand tons of sunflower meal.
The largest investment in the amount of 1.2 billion rubles was made by the pork producer "Bashkir Meat Company".
To attract investors, the republic offers tax incentives - property, profit benefits and assists with land leasing and execution of transactions.
Author: Olga Murtazina
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