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21 October, Saturday

Ufa   °

Project Office for National Investment Climate Rating is established in Bashkortostan

Economy/Business

UFA, 14 October 2015. /Bashinform News Agency, Sergey Zakharov/.

A Project Office to implement in the republic the best practices of the National Investment Climate Rating in the regions of Russia was established by the resolution of the Government of Bashkortostan.

The National Rating has three main tasks: evaluation of business environment, identification of the best regional practices, application of standards and implementation of the roadmap of the national entrepreneurial initiative, stimulation of republican enforcement authorities and regional bodies in the regions of the country. All this should encourage the flow of investments in the republic, increase the budgetary autonomy of the regions, as well as motivate the regional authorities to introduce quality standards and implement and execute the roadmap.

The Project Office is established pursuant to paragraph 8 of the list of instructions of the President of Russia following the St. Petersburg International Economic Forum, held on June 18-20, 2015.

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