Two new residents of Alga SEZ received registration certificates in Bashkiria

Two new residents received official registration in the Alga special economic zone.

Registration certificates were issued by the Ministry of Economic Development of the Russian Federation.

The first resident, FG Doga LLC, is constructing a plant for processing hydrocarbon gases into aromatic hydrocarbons. The product is in demand worldwide and is used to produce drugs, plastics, and dyes. Production is scheduled to start in 2023. The planned volume of investments is over 2 billion rubles. The production will provide 117 jobs.

The second resident is ZUR LLC, a manufacturer of LED products with accessories. It includes lighting elements of settlements, road networks, public spaces. The launch of production is planned for the end of 2021. The volume of investments is more than 300 million rubles. Production assumes the creation of 46 jobs.

Recall that on May 27, 2020, Russian Prime Minister Mikhail Mishustin signed a decree on creating the Alga SEZ. This is a territory that has a special legal status and preferential tax conditions for entrepreneurs.

The Alga SEZ is located within the borders of Ishimbaysky and Sterlitamaksky districts, on four land plots.

The Development Corporation of the Republic of Bashkortostan is the management company of the Alga special economic zone. It supports investment projects in the Republic of Bashkortostan at all stages of their implementation - from the project concept development to the commissioning of facilities.