20 January 2012, Friday, 15:38

Rustem Khamitov has held the first meeting of the council for improvement of investment climate

author: Alfia Sharafutdinova

Bashkortostan is included into the list of ten Russian regions, where the standard for activity of local authority on improvement of investment climate is to be implemented. The standard is worked up by the Federal Agency of strategic initiatives for advancement of new projects (ASI). As the general director of ASI Andre Nikitin said, the most developed regions of the country are included into the list of the pilot ones. He has stated it today during his visit to Ufa, where the first gathering of the Republican Council for improvement of investment climate was held also today.

As M-r Nikitin reported, the Agency of strategic initiatives was established in August 2011 and its establishment was initiated by the Chairman of the Russian Government Vladimir Putin for support of the key projects in the segment of medium business undertakings. According to M-r Putin while the state supports small business and big business is able to solve the majority of its problems self-dependently, medium business is practically left without authority’s attention and the Agency is called to fill in the lack of this attention, trying to make the country more attractive for investors.

“The problem, which we have to solve, is really difficult and we can solve it only through systematic activity, basing on definite documents” – the President RB Rustem Khamitov mentioned – “Small and medium business is what we face everyday but in order to start working systematically we need to see the whole picture, having certain rules of the game and certain standards”.

The standard for authority’s activity on improvement of investment climate in the country consists of 15 points and the special representative of the President RB re investment cooperation Andre Nazarov says that one third of these points are already became a reality in Bashkortostan. He has called the establishment of the Public Council under the President RB in the Republic the first step.

“Without this Council the Agency wouldn’t deal with us” – Rustem Khamitov mentioned. The staff of the Council is variable: representatives of the authority, law-enforcement and supervisory bodies as well as business structures. The members of the Council will meet regularly, at least once in three months. Besides, the normative base for making the investment climate in the region favorable is formed here.

Other ten points will be implemented in the course of two years and the whole process will consist of three stages. The first stage is approval of the Investment Memorandum in the Republic – this is a sort of guarantee for the investors, where it is said on what principles local authority will work with them in the region.

The directions in development of the Republican economics and the legal base of investment activity will be determined on the stage of strategic planning. Special internet portal and the hot line will be opened for operative communication between investors and the Republican leadership.

The third stage presumes realization of the top priority investment projects.

“If these stages turned out to be successful, we will open at least 40 thousand workplaces in the Republic and will attract at least 1,5 billion dollars of investments” – Andre Nazarov stated.