Ufa will receive over one billion rubles for its development

Bashkortostan will obtain over one billion rubles from the federal budget to implement the investment project named “Construction of social and engineering infrastructure objects in Ufa city”. Such a decision was reached at the convention of the Russian Federation Government commission on the state-level investment projects.
Finance Ministry of Bashkortostan Republic informs that the commission has reviewed 19 regional investment projects implemented on the public-private partnership principles and requiring support from the Investment Fund of the Russian Federation. All these projects have been pre-evaluated and pre-selected by the Investment commission on selecting investment projects requiring state support.
Bashkirian project was presented by Mr. Airat R. Gaskarov, First Deputy Prime Minister of Bashkortostan Republic Government – Minister of finance. The members of the Federal Government Commission were unanimous in approving the project and allocating over one billion rubles from the Investment Fund for its implementation.