Bashkiria appeared on Russia’s investment map

The Russian Ministry of Economic Development has launched an investment map of the Russian Federation. The service, developed specifically for Russian and foreign entrepreneurs, contains 5 modules from regions of the country, including Bashkortostan. The presented areas included “Regional Analytics,” “Business Environment,” “Investment Sites,” “Minerals,” and “Regional Support Measures.” The platform is based on data from investment maps of Russian constituent entities developed during the implementation of the regional investment standard under the leadership of First Deputy Chairman of the Government of the Russian Federation Andrey Belousov.

“The investment map of Russia will help strengthen work with regional investments. This is an opportunity for businesses to choose a plot of land for any project, from opening a cafe to building a large industrial plant. The map contains data on almost 14 thousand investment sites: their size, equipment, and available support measures,” said Maxim Reshetnikov, Minister of Economic Development of the Russian Federation.

Previously, Bashkortostan was noted at the federal level as the region that presented the largest number of investment sites available to potential investors. As Prime Minister of Bashkiria Andrey Nazarov said, the investment map of Russia and the republic is constantly updated and supplemented with new data.

“We are carrying out a large and systematic work in which the regional Ministry of Economic Development, the Ministry of Digital Development, the Development Corporation, republican executive authorities, resource supply organizations, and local governments participate. To date, we have presented 1,455 objects on the investment map of Russia in the “Investment Sites” module. Also, thanks to this service, potential investors can get acquainted with the Alga Special Economic Zone, priority development areas, technology parks, and other facilities where preferential regimes apply. In addition, on the investment map, you can find out about all the support measures that are in effect in the region. We have 65 of them today on our investment map,” said Andrey Nazarov.

The division of Bashkortostan on the investment map of Russia is based on the investment map of the republic, which has been repeatedly noted at the federal level as one of the best such practices. As First Deputy Prime Minister - Minister of Economic Development and Investment Policy Rustam Muratov stated, the service contains all the necessary information about investment sites, infrastructure, transport and logistics centers, and support measures. In 2023, the investment map of Bashkortostan was recognized as one of the best in the country. The National Association of Investment Development Agencies conducted the analysis and presented a corresponding report at the organization’s congress, held annually as part of the St. Petersburg International Economic Forum.

In general, the investment map of Russia is an essential tool when implementing an investment project. Users now have the opportunity to explore the benefits of business localization in a particular region on a single platform. Now, potential investors will always have access to up-to-date and specific information about each available investment site in the republic.

Author: Elina Akhmetova