Investment Guide to the Republic of Bashkortostan
The Republic of Bashkortostan has always been known for its economic maturity. However it has recently been attracting an increasing amount of attention from both Russian and international investors; largely a result of the investment policy drawn up by the regional government.
The government in Bashkortostan has amended regional legislation so that qualifying investors have the opportunity to obtain government support for their investment activities. In addition, a legal framework has been set up required to support the implementation of public-private partnership projects.
In recent years the Government of Bashkortostan has been working hard to introduce a new economic model by stimulating the development of its manufacturing and R&D sectors and gradually create an innovative infrastructure for this purpose.
The Republic has a well-developed network of scientific and educational institutions. The region also has significant potential in the fields of science and education, giving the Republic good prospects for further development.
In 2013, the capital of the Republic, Ufa, hosted international sporting events – the 37th World Junior Ice Hockey Championship and the 6th International Children's Winter Games. The BRICS and SCO summits, planned for 2015, are also expected to play an important role in both the development of the region and its history.
We hope that this Investment Guide to the Republic of Bashkortostan will be informative and interesting for those who are considering the region as a prospective area for investment.