Rustem Khamitov made an Investment Address to the Government RB

UFA, 9 June 2015. /Bashinform News Agency, Sergey Zakharov/. The Head of Bashkortostan Rustem Khamitov made his first Investment Address to the Government RB.

He outlined the key priorities of the Government of the republic in terms of investment activity development, in creating an effective business environment.

In particular, one of the major tasks is to bring the share of investment in gross regional product from 21 to 25 percent by 2019. Among the key "points of growth" the following were marked: clusters and industrial parks creation, including in such promising areas as pharmaceuticals, information technology and nanomaterials; support for priority investment projects with retaining all introduced fiscal benefits for investors, including the guarantee of government preferences and possible preferential taxation; intensification of public-private partnership and concession agreements, which should be used widely at the republican and municipal levels; systematic work of municipalities with investors at the local level, identification and development of local competitive advantages, formation of the promising development programs on their basis; increasing of Bashkortostan information transparency in the country and abroad; strengthening of collaborative work of businesses and educational institutions in human resources sphere, continuous improvement of their professional competence.

The document also notes that the republic is doing a lot to create a favourable investment environment. However, it is required from the business coming to our region an appropriate outcome in the form of timely implementation of the planned projects, new jobs, higher productivity, decent wages, social obligations fulfilment, it is said in the Investment Address of the Head of Bashkortostan to the Government of the Republic.