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Economy/Business
26 February 2019, 18:47

“Nowhere you will find such miracle”: large businesses are offered production sites in Bashkiria

UFA, 26 February 2019. /Bashinform News Agency/ translated by Tatiana Aksyutina/.
At a meeting of the republican leadership with the heads of large industrial enterprises, which was held today in Ufa within the framework of the Russian Industrial Forum, it was said about the need to involve business more actively in the development of the republic.
Alexey Karpukhin, Minister of Industry and Innovation Policy of the Republic of Bashkortostan, recalled that five areas of priority economic development (PDA) had been created in Bashkiria: recently, Neftekamsk, Beloretsk, and Blagoveshchensk were added to Belebey and Kumertau. “Nowhere you will find such a miracle”, said Aleksey Karpukhin. He suggested that managers of large enterprises of Bashkortostan, members of federal holdings, would examine the PDA opportunities closely and offer them actively in their holdings to accommodate new productions.
The PDA resident organizations receive a number of preferences: exemption from property tax, lower income tax rates (federal part - from three to zero percent, regional - from 17 to five percent in the first five years and up to 10 percent in the next five years) and reduced insurance contributions to the pension fund, social and compulsory health insurance funds.
In addition, the minister recalled that in the coming years, large programs on landscaping would be launched in Bashkortostan, such as the “Bashkir Yard” and the “Comfortable Urban Environment Formation”, for which billions of rubles from the federal and republican budgets would be allocated.
“We have concluded that up to 80% of the products required for the implementation of these projects can be manufactured in Bashkiria. Now we are buying the same benches and rubber from Tatarstan”, Alexey Karpukhin complained.
He was supported by the Acting Head of Bashkortostan, Radiy Khabirov, who cited an example of the Sibaysky branch of Uchalinsky Mining Plant, which the government urged for allocating a quota for the purchases of products necessary for the operation of the plant from local small businesses. It is proposed to extend this practice to all cities.
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