Investment protection and promotion program to be launched in Bashkiria in July

Tatyana Aksyutina

At the operational meeting of the government in the Republic Management Center, the Head of Bashkiria, Radiy Khabirov, spoke about the visit to the republic of the Director General of the ASI, Svetlana Chupsheva. He said that during this visit, the republic announced a program to protect and encourage investment, which has been being worked on in Bashkiria for the past six months.

The program, which should start operating in the region from July 1, 2023, is addressed to investors still considering choosing an area to invest their capital. The republic plans to dispel their doubts by removing bureaucratic procedures and reducing the terms for providing land plots to investors. The developments of Bashkiria are expected to be presented at the St. Petersburg International Economic Forum.

Earlier, Bashinform News Agency said that the named program is only part of a much larger program that the republic's management team is working on. It is connected with the economic prospects for the region’s development until 2029.

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