Agreements on two investment projects were signed in Bashkiria

IMPORT Servisnyy

UFA, 30 November 2018. /Bashinform News Agency/ translated by Tatiana Aksyutina/. On November 29, the Acting Head of Bashkortostan Radiy Khabirov held a meeting with investors in the format of “Investment Hour”. The meeting was attended by members of the regional government, heads of relevant ministries and departments, republican development institutions.

According to the press service of the Head of Bashkortostan, agreements were signed on two projects implemented by industrial enterprises of Bashkiria.

The first project concerns the construction of a plant for the production of electrical enclosures for various equipment, including in the framework of the import substitution program. The ElCom company project with a total investment of 651 million rubles involves the creation of 213 new jobs.

The second project is being implemented by INMAN company, a manufacturer of crane and manipulator equipment. About 230 million rubles will be allocated for the modernization of production facilities.

The investment agreements provide for state support - benefits on profit tax and property tax of the enterprises.

In addition, the meeting participants evaluated the prospects for the new projects implementation by republican companies, discussed issues of improving the investment climate of Bashkortostan.

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#radiy khabirov #investment agreements

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