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17 December, Monday

Ufa   °

Investment projects regulation rules are approved in Bashkiria

Economy/Business

UFA, 14 November 2018. /Bashinform News Agency/ translated by Tatiana Aksyutina/.

In Bashkiria, the rules for checking investment projects for the efficient use of budget funds allocated for capital investments have been approved. They are related to the projects, which value exceeds 1 billion rubles.

The authorized supervisory bodies are the Ministry of Economic Development RB, within the framework of the Republican Targeted Investment Program, and the State Committee RB for Transport and Road Facilities in terms of the territorial order for maintenance, repair, construction and reconstruction of roads.

The press service of the Ministry of Economic Development RB explained that the evaluation of the investment project would be carried out according to qualitative and quantitative criteria. In particular, it is planned to take into account the following qualitative indicators: the presence of a clearly formulated goal specifying the final results of the investment project; compliance of the project with the priorities and tasks defined in the development strategy of Bashkortostan and other strategic planning documents; an integrated approach to the issue in conjunction with the relevant state programs of the republic; need for construction, reconstruction, or acquisition of the facility; a positive government expert review of design documentation.

Quantitative criteria in the field of health include, for example, indicators on the number of beds, visits per shift, total area of a building, construction volume, number of jobs created (retained), and a decrease in morbidity according to the profile of the facility being built. In education, these indicators will consist of the growth of places in preschool and educational institutions in municipality as a percentage to the level before the implementation of the project, etc.

The resolution will take effect since January 1, 2019.

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