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16 November, Friday

Ufa   °

Bashkiria may receive 900 million rubles of investments for plant construction in Blagoveshchensk

Economy/Business

UFA, 17 October 2018. /Bashinform News Agency, Alfiya Agliullina/ translated by Tatiana Aksyutina/.

Bashkortostan intends to receive the support of the Mono-Cities Development Fund for the construction of infrastructure facilities for the investment project of YuniStroy LLC in Blagoveshchensk. It relates to creating power supply facilities, gas supply and communication networks for a plant for the production of cosmetic and textile auxiliaries.

Issues related to the execution of the necessary documents for the construction of infrastructure with the use of the Fund were discussed yesterday at a meeting in the Republican Ministry of Economic Development.

According to the press service of the ministry, the project provides for the creation of about 140 jobs and attracting investments in the amount of more than 900 million rubles.

The investment project is aimed at the development of the chemical industry and intends to promote import substitution in this industry.

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