The Tatarstan Investment Development Agency (TIDA) is a special executive body of the Government of Tatarstan founded in 2011 to carry out investment promotion and facilitation. TIDA is responsible for all international investment and business projects in the Republic of Tatarstan, reporting directly to the President of Tatarstan.
Our agency operates as a one-stop center to qualified investors exploring investment opportunities in Tatarstan. The range of services we provide includes:
Steps to investing
TIDA cooperates with investors using one stop shop principle.
An investor makes the following path in Tatarstan:
1. Application to the Agency
2. Definition of investor’s requirements
o Delivery of information materials of the republic in a branch section
o Selection of an investment platform
o Assistance in the solution of issues with the profile ministries and departments
3. Compilation of a package of documents
o Assistance while forming a package of necessary documents
o Coordination of a package of documents with the ministries and departments
o Information support on legal, tax and other issues
4. Agreement signing
o Interaction with the ministries and departments at coordination and signing of the investment agreement
o Organization of process of signing of the investment agreement between the parties
5. Project launch
TIDA focuses its efforts on attracting investment into eight priority sectors of the Tatarstan economy: chemical & petrochemical, machinery & automotive parts, construction & building materials production, agriculture & food processing, medicine & pharmaceuticals, IT & telecommunications, Halal industry, and service industry & tourism.
In carrying out our work, we work closely with 20 representative offices of the Republic of Tatarstan that are located across Russia and in Kazakhstan, Turkmenistan, Azerbaijan, Uzbekistan, Belarus, Ukraine, France, Turkey, Cuba, Finland, the Czech Republic, Switzerland, and the United States. Together with the Plenipotentiary Representative Office of Tatarstan in Moscow we regularly hold investment seminars in Moscow to provide detailed information to multinational companies about the opportunities available in our republic.
One way in which the Republic of Tatarstan has distinguished itself from other regions of Russia is the emphasis it has placed on creating the necessary infrastructure to support and attract foreign capital. The republic to date has four industrial parks, seven technoparks, six business incubators, three agro-industrial parks, and two large industrial platforms. Among the most successful of these investment sites is the Special Economic Zone (SEZ) Alabuga, a federal special economic zone for industrial production. Since it was founded in 2005, SEZ Alabuga has attracted over $1 billion of investment and created over 2,800 jobs.
One of the main development and investment projects of the Republic of Tatarstan is Kazan Smart City, a groundbreaking urban development project designed to spur investment into high technology, medicine, education and tourism, transforming Tatarstan’s capital of Kazan into an international business hub with ideal conditions for working and living.
Last updated: Sep, 17, 2015, 14:59