Industrial production index in Bashkiria has grown by more than 20%

Over the past five years, industrial production in Bashkiria has increased by more than 20%. The government of the republic reported this. It is predicted that in 2025 it will be 105% of last year's figures. The volume of shipments in industrial production for the first two months of this year increased by 4.6%.

Industrial production is the foundation for the region's economic development. A systematic approach enabled the republic to take first place in the country's Ministry of Industry and Trade's industrial policy efficiency rating. Over the past 5 years, industrial growth has amounted to more than 20%. This result was mainly achieved due to the development of manufacturing industries, which form more than 70% of the total volume of shipped products," commented Prime Minister of the Republic of Bashkiria Andrey Nazarov. According to the Deputy Prime Minister of the region, Minister of Industry, Energy, and Innovation, Alexander Sheldyaev, in the industrial sector today, there are 98 priority investment projects with a total value of over 510 billion rubles, with an implementation horizon of up to 2036.

As noted in the government of Bashkortostan, the main programs of state support for the sector from the budget of various levels will be preserved.

Author: Ivan Vavilov