06 July 2012, Friday, 15:43

In 2012 the investments volume can reach 230 billion roubles in Bashkortostan

author: Alfiya Sharafutdinova | picture by Raif Badykov

The volume of investments into fixed assets in Bashkortostan in 2012 can reach 230 billion roubles against 185 billion roubles in 2011. Growth of investment activity in the region was declared by the President of Republic Rustem Khamitov on Friday July 6.

According to Rustem Khamitov, it was possible to reach these indicators in many aspects due to greater amount of preferences given to investors. Thus, fr om the beginning of current year the laws concerning the income tax exemptions come into force — the tax rate was lowered to 13,5 percent for the term from one year to five years. The law concerning reduction of tax burden on investors was enacted.

At the moment the regional investment portfolio includes more than 60 priority projects with total amount of capital investments about 400 billion roubles and creation of about 34 thousand new jobs. Within the lim its of the present session the President RB handed over two more certificates on inclusion into the priority investment projects register of the republic: both certificates to realize large investment projects in the field of cattle breeding were given to the Group of Companies "Razgulyai".

Also members of the commission which structure includes now along with representatives of Government RB, State Assembly RB, Republic Chamber of Commerce and Industry also employees of tax and antimonopoly services, the National bank RB, Corporation of Republic Development, Regional fund, have heard the information about new investment projects which authors apply for their inclusion into the priority list.

themes: investments