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Economy/Business
15 February , 13:38

State support for republican industrial complex amounted to more than 12 billion rubles

For the third year in a row, Bashkortostan has been among the top three in the ranking of the Russian Ministry of Industry and Trade in terms of the effectiveness of its industrial policy, Prime Minister of Bashkortostan Andrey Nazarov posted on his social media following the results of the “Forum of National Achievements: Industry”.

“Baking soda from Bashkiria is almost in every home; our glass is used for producing high-tech products, in buses, mirrors, and aircraft engines from Ufa - in the heart of almost every military aircraft. This list is long.

Such active industry development in the region is primarily facilitated by state support. The Government of the Russian Federation and the Ministry of Industry and Trade provide various tools for developing the industrial sector. Over the past 5 years, the volume of state support for the industrial complex of the republic amounted to more than 12 billion rubles.

Over the entire period, 162 projects with an investment volume of 53.3 billion rubles received support. Last year, the Fund supported 44 projects with a total investment of 12.2 billion rubles and allocated three grants for 205.8 million rubles to enterprises in unmanned aerial systems. Behind these figures is the development of real production and thousands of new jobs.

An equally important tool in industrial development is our cluster program. Based on the results of 2023, Bashkortostan is a leading region in creating industrial clusters. Currently, there are 9 of them, and we plan to continue working in this direction. Besides, 12 industrial parks and 19 technology parks are registered in Bashkortostan. Manufacturers participating in these programs have the opportunity not only to launch production at already prepared sites but can also receive government support in the form of subsidies,” the Bashkir prime minister recalled.

Author: Elina Akhmetova

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