26 October 2010, Tuesday, 16:32

The question of land ownership is the key one for attraction of investors to the country

author: news agency "Bashinform"

The President of Bashkortostan Rustem Khamitov ordered the Government RB to work up the unified principles for formation of the land policy in the region in the nearest future.

“It’s high time to determine the main conditions for inviting the investors to the Republican agricultural complex” – the President RB has stated on October 26 at the press-conference in the Congress-Hall, Ufa.

Rustem Khamitov has highlighted the pressure points of our agriculture: first of all, this is the imperfection of the land legislation – many investors are absolutely unsatisfied with the principle of the leasehold work on the land, because there are no guarantees that after the end of the lease they can work on the land further. Another problem is the unreasoned principle of allocation of the land lots. The today’s reality is that a shareholder can’t do anything with this lot: he can’t either cultivate it or sell, and can’t even leave it as a deposit when taking a bank credit.

Rustem Khamitov has underscored that there is no sense to talk about any progress in agriculture, while these problems remain unsolved, the press-service of the Government RB reports.