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Economy/Business
12 May , 12:37

Belarusian holding "AMKODOR" plans to open plant and service center for 1.15 billion in Bashkiria

The Belarusian holding AMKODOR, accompanied by the Corporation for the Development of Bashkortostan, plans to implement two investment projects in our republic worth a total of 1.15 billion rubles. This was discussed at the "Investment Hour" session, which was held today by the Head of the region Radiy Khabirov.

Recall that in December 2021, during a working trip to Minsk, the Head of Bashkortostan visited the site of the AMKODOR holding and discussed the prospects for its cooperation with the republic. On April 21, 2022, the Head of the Region handed over the keys to 11 front-end loaders of Belarusian production to the Ufa city services.

As Anastasia Voronkova, director for investment activities of AMKODOR OJSC, said at the meeting, the first project provides for the construction of a plant to produce agricultural equipment for grain processing.

The new production will be located in the Ufimsky industrial park with the provision of preferences for its residents. The volume of investments is estimated at 1,050 million rubles. After the opening of the plant, more than 200 specialists will work there.

The Industry Development Fund of Bashkortostan will also assist in obtaining a soft loan for the project.

The second initiative is the creation of a service center for the maintenance of various equipment in the Oktyabrsky district of Ufa. 100 million rubles will be allocated for the implementation of this initiative. This will create another 25 jobs.

The project was given priority status with the provision of tax benefits as a support measure. The Ufa administration will assist in the registration of the land.

 “The presented projects are a very good result of building mutually beneficial cooperation with the Republic of Belarus,” Radiy Khabirov emphasized.

Translated by:Tatyana Aksyutina
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