21 February 2012, Tuesday, 16:38

Investment boom in Bashkiria is expected in 2013

author: Alfia Sharafutdinova | photo: Oleg Yarovikov

We don’t expect substantial rise of investments in 2012 but in 2013 it can be real breakthrough, the Minister for economic development RB Eugene Mavrin stated today, talking to journalists.

In 2011 the volume of investments to the fixed capital amounted to almost 185 billion rubles, raising by 5,5%, as compared with 2010.

“The rise is rather small and according to expectations of analysts we should rise at the level of 10-12%, nonetheless certain rise is registered, though 2001 was rather hard for investments” – the Minister said.

As for the plans for attraction of investments in 2012, now, according to m-r Mavrin, the task N1 is to hold the level, reached in 2011.

“If we manage to reach 10%-rise, it will be excellent result” – the Minister added.

In order to consider economics well-developed, the level of capital investments should make up 30% of the gross regional product. Since the gross regional product has reached 960 billion rubles in Bashkiria in 2011, it is easy to calculate that the volume of investments in the republic should be two times higher than now.

The Minister says that 2013 can become much better and this breakthrough can happen if at least 20 of 74 top priority investment projects, found in the Ministry’s list today, are launched.

themes: investments