Bashkortostan - Ready for TakeoffUfa and Bashkortostan show great promise for economic development. Ufa is one of the twelve largest cities of Russia, with a population of over one million.  It is a major hub for oil refinery and other oil-related industry; and is also a center for higher education, as home to 27 universities.  It is ranked as one of the top six cities in Russia for investment attractiveness by RosBusinessConsulting, and in the top ten according to “Financial Times”.  Ufa will be hosting two international summits in 2015 (read more here: SCO (Shanghai Cooperation Organization) and BRICS (Brazil/Russia/India/China/South Africa)

You can read an article about the economic and investment climate in Bashkortostan here:


And a more lengthy article about Ufa and plans for various development projects here:

For more information on the SCO and BRICS summits, see: