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11 May, Tuesday

Ufa   °

Investments should be increased by 1.8 times - Economic Development Ministry of Bashkiria


To achieve the planned investment volume of 650 billion rubles in 2024, the municipalities of Bashkiria should increase the annual volume by 1.8 times, First Deputy Prime Minister — Minister of Economic Development and Investment Policy Rustam Muratov said at a briefing session. 2020 was completed with a positive result — 100.9% and amounted to almost 366 billion rubles, while the capital investments for 2019 were adjusted to almost 119%, he recalled.

Analysis of the investment structure in 2020 showed the following. More than half of the aggregate indicator — 215.2 billion rubles, is formed by large and medium-sized enterprises. Here, the main volume falls on the Top-30 enterprises of the republic, which are implementing their own investment policy.

More than 30 billion rubles are spent on investment projects.

State investments account for 12.8% (about 45 billion rubles) of the republic's investment portfolio.

In 2020, the number of small businesses in the republic decreased by 3.8%; at the beginning of 2021, there were 122.1 thousand of them. "All the restrictions of the pandemic and the delay in regional support contributed to it," Rustam Muratov explained.

To achieve the indicator (650 billion rubles in 2024), it is necessary to spend at least 100 billion rubles of investments annually. Now only half of this volume is being implemented, the official said.

Now in municipalities, 287 new investment projects with a total cost of 145.5 billion rubles are expected to be implemented (with a prospect until 2024). On average, this will give 70 projects worth 36 billion rubles a year. Implementation of the current 183 investment projects (to be completed by 2024) for 390.6 billion rubles will give about 20 billion rubles more a year. Total, presumably, it is about 56 billion rubles a year.

The volume of state investments should be increased 1.8 times to 84 billion rubles, taking into account the sequestration of budget spending — in the format of public-private, municipal-private partnerships. Last year, five concession agreements were concluded for 4.5 billion rubles.

Ufa, Kumertau, Salavat, Tuimazinsky, Ishimbaysky, Beloretsky, Sharansky, Fedorovsky, and Nurimanovsky districts cope better than others in attracting investments.

/translated by Tatiana Aksyutina
Tags: investments
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