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17 October, Tuesday

Ufa   °

The program for development of ferrous metallurgy is approved in Bashkortostan

Economy/Business

The Government of Bashkortostan approved the program for development of ferrous metallurgy till 2015 and the press-service of the Government RB reported stable development of ferrous metallurgy and rational use of land resources would be the main goals of this program.

The next showings are determined as the key indicators of the program: ore mining – 10,255 million tons by 2015; copper mining – 127 thousand tons and zinc mining – 109,6 thousand tons annually.

The overall volume of means for financing of the program at the expense of the off-budget sources (budget funding is absent) will amount to more than 35 billion rubles. Efficient functioning of ferrous metallurgy enterprises will ensure the intakes to the Republican budget at the rate of more than 7,7 billion rubles in 2011-2015.

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