62 million rubles were allocated to support Bashkiria industrial development program

Bashkortostan was included in the list of 59 regions of the country, among which the Ministry of Industry and Trade distributed a single regional subsidy for 2023. The government of the Russian Federation allocated 3.3 billion rubles to co-finance regional industrial development programs.

Of this amount, our republic will receive about 62 million rubles. The funds will be used to reimburse enterprises for the purchase of new equipment and capitalization of the Republican Industry Support Fund, said the Minister of Industry, Energy and Innovation of Bashkortostan Alexander Sheldyaev.

“Such assistance will allow manufacturers to reduce the cost of capacity upgrades. Now our task is to develop an algorithm with the help of which subsidies will be brought to specific enterprises as efficiently as possible,” the minister added.

According to the press service of the regional government, federal co-financing is possible only if the region has a state program for the development of the industry. According to the rules for providing such subsidies, within the framework of each project, the main indicators of the enterprise's investment development should be increased.