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18 October, Wednesday

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Rustem Khamitov headed commission for support of investment projects

Economy/Business

On May 29 the President of Bashkortostan Rustem Khamitov approved the staff of the governmental commission for consideration and support of investment projects. The President RB is the chairman of the commission.

The governmental commission, which staff consists of 18 people, makes proposals on state support of top priority investment projects and helps potential investors in operative solution of problems, connected with the choice and registration of land areas, development of engineering and transport infrastructure, preparation and approval of permissive documentation and in their relations with supervisory boards.

Investor, intending to start an investment project on the territory of Bashkortostan, submits an application concerning inclusion of the project he offers into the list of top priority projects. If the corresponding conclusion of the Ministry for economic development RB is positive, the project may pretend to state support.

The volume of investments for top priority projects has to amount to at least 100 million rubles. This requirement doesn’t apply to the projects in sphere of medicine and pharmaceutics, high and information technologies.

Meetings of the governmental commission are held as required but at least one time quarterly, the public affairs service of the President RB reports.

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