Tractors production project by Chinese company "Yoto" in Blagoveshchensk can be included in priority list

UFA, 4 April 2018. /Bashinform News Agency, Galiya Nabieva/. Bashkortostan is preparing to hold the third meeting of the Council for Interregional Cooperation in the "Volga-Yangtze" format. In Nizhny Novgorod, under the leadership of Deputy Plenipotentiary Envoy of the President of the Russian Federation to the Volga Federal District Aleksey Sukhov, a meeting of the Russian part of the Joint Working Group of the Regions the Upper and Middle Reaches of the Yangtze River of the People's Republic of China on Cooperation in the Trade-Economic and Humanitarian Sphere was held.

In Bashkortostan, cooperation with the regions of the Upper and Middle Reaches of the Yangtze River of the People's Republic of China is quite active and is undoubtedly one of the priority directions, the Deputy Prime Minister of the Government of the region - Minister of Land and Property Relations Evgeny Guryev said at the meeting. He proposed to include a project for the production of tractors of the Chinese company "Yoto", which is successfully implemented in the city of Blagoveshchensk, Republic of Bashkortostan, in the priority list. The project provides for an investment of 6 billion rubles and the creation of more than 500 new jobs. The first vehicles are supposed to be released this spring.

Another project that deserves special attention is a construction of a cement plant in Sibai with a production capacity of 1.5 million clinkers a year.

In addition, Bashkortostan conducts systematic work in the educational field with the Chinese colleagues. The exchange of students, graduate students, and doctoral students continues.

Also, an offer was made to include cooperation between the Ministry of Culture of Bashkortostan and the Culture Department of Jiangxi Province in the Roadmap for Humanitarian Actions.

At present, 38 framework agreements on trade, economic, scientific, technical and humanitarian cooperation have been signed at the level of the regional governments of the Volga District regions and the upper middle stream of the Yangtze River. Of these, 11 were signed in 2017.

Investment cooperation consists of 19 priority projects in seven areas: agriculture and food production, construction materials production, construction of commercial and residential real estate, automotive industry, industrial production, information technology and logistics.