The Republic of Tatarstan is the economically developed region of the Russian Federation.
Key ingredients for success of Tatarstan economy are stability, transparency of government, hospitality to the business, and continuous development.
The Republic of Tatarstan provides an excellent investment infrastructure.
However, we also provide investor-tailored services for other projects in many other industries that are being implemented in the Republic of Tatarstan.
The elements of investment infrastructure:
"Many well-known international brands have already selected Tatarstan as a hub for their operations, including Ford Sollers, Air Liquide, Rockwool, Marriot, Sisecam, Hayat Group, Daimler, Fujitsu, Kastamonu, Haier, Wienerberger, 3M, and others... Legal guarantees, social, economic and political stability, a tested system to support investment ensure the most comfortable conditions for businesses", - notes the President of the Republic of Tatarstan Rustam Minnikhanov.
TIDA Chief Executive Taliya Minullina emphasizes: "Tatarstan provides access to an extensive consumer base throughout Russia, the Eurasian Economic Union and CIS. 10 of the 15 largest cities in Russia are within 1,000 km distance to us and, as a result, you can offer your products and services to nearly half of the country's population. Our main focus is partnerships that are both long-term and reliable. Cooperation with Tatarstan is profitable and pleasant. You are invited to come and see it with your own eyes! Invest in Tatarstan!”.
The republic lies just 800 kilometers east of Moscow on 68 thousand square kilometers of land at the confluence of the Volga river and the Kama river, Russia’s two largest waterways.
Tatarstan with its capital Kazan, a historical city of over one-million people, is one of the most dynamically developing regions of the Russian Federation. Ernst & Young, PwC and Forbes suggest that Tatarstan is the best region in Russia for both investment and doing business. One way in which Tatarstan has distinguished itself from other parts of Russia is the emphasis it has placed on creating the necessary infrastructure to support and attract foreign capital. (Cutting-edge Kazan Smart City stands out for its uniqueness in whole Russia and is an excellent example of ready infrastructure for investors).
According to the World Bank's Doing Business in Russia 2012 report analyzing four areas of business regulation across 30 Russian cities—starting a business, dealing with construction permits, getting electricity, and registering property – Kazan ranks as 4th city in Russia with the most favorable business conditions. It effectively outperforms both Moscow and Saint Petersburg not only in the World Bank survey but also in several other significant criteria such as level of corruption, access to financing, availability of workforce, and transport as the study Measuring the Conditions of Doing Business in Russian Regions (available only in Russian) made by Ernst & Young and New Economic School suggests.
To learn more, read our presentation "Benchmarking: Kazan against Moscow and Saint Petersburg".
Overall, Tatarstan surpasses most other Russian regions in ease of doing business and investing and delivers comparable quality in terms of infrastructure, labor force, and standards of living with Moscow and Saint Petersburg for significantly lower costs.
Last updated: 10 February 2021, 11:19