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27 February, Monday

Ufa   °

Bashkortostan will receive additional investments for low building development

Business

Republic of Bashkortostan stands in the list of the regions, which submitted the applications for additional funding to the Fund for assistance to reforming of housing-communal services, the General Director of the Fund Constantine Tsitsin reported.

“The matter is that Bashkortostan has exhausted its limit at the rate of more than 7 billion rubles, earlier received from the Fund” – M-r Tsitsin said at today’s all-Russian meeting re low building, held in Ufa – The Republic has fulfilled all terms of the program in time, so it may figure on the obtaining of the additional funds. The final sum will be determined in the nearest future and it will make at least one billion rubles”.

Moreover, Republic of Bashkortostan submitted the application to the Russian Investment Fund for the sum of 289 billion rubles. This is one of the largest applications among other Russian regions, the Prime-Minister of Government RB Rail Sarbaev reported.

“Those Russian regions, which develop production of building materials on their territories, may figure on the means of the Investment Fund. Besides, Bashkortostan is one of few Russian regions, which received the first 100 billion rubles for development of the engineering infrastructures on the sites in accordance with the low building program” – The Prime-Minister added.

Tags: low building
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