New investment projects of the Republic of Tatarstan

26 February 2019, Tuesday

On February 26, 2019, the Cabinet of Ministers of the Republic of Tatarstan held a briefing on "New investment projects of the Republic of Tatarstan". The Head of Tatarstan Investment Development Agency Taliya Minullina took part in the briefing.

In 2018, with the assistance of the Agency, over 400 investment projects were implemented on the territory of Tatarstan with the participation of private capital. In 2018, investments came from 29 countries, the most active of which were: the United States of America, Germany, Turkey, China, Netherlands.

The dominant part of investments was allocated for the development of manufacturing industries, as well as development of financial and insurance activities. In terms of investment in fixed capital in January-September 2018, the Republic of Tatarstan became the first among the regions of Volga Federal district.

The implementation of the projects under the 224 FZ is actively under way. Russia's first agreement of public-private partnerships was concluded in the Republic in 2018 on the creation of a sports complex. To date, the investor carried out seasonal work, prepared a pit for the basement. This year the investor with the support of Tatarstan Investment Development Agency is preparing a proposal to the Executive Committee of Naberezhnye Chelny on the implementation of the sports arena project in the "Grenada" park.

Today, Tatarstan Investment Development Agency is working on support of new projects, including: production of feed additives and probiotics; construction of cargo terminal on the territory of Kazan International Airport; production of tank-vehicles; creation of the medical rehabilitation center; construction of a ferris wheel and others.

The project of construction of new modern enterprise for storage of consumer goods and food with the the company "Wholesale and distribution center Elabuga" with the subsequent assembling for shipment to a retail network is now on interdepartmental coordination. The implementation of the project provides the total amount of investment over 1 billion USD. This is the second center and a parallel project similar to Zelenodolsk wholesale and distribution center with the participation of the same investor.

In general, in 2018 the growth of foreign investment by 37% was fixed.

 

SUBSCRIBE FOR NEWS
All content on this site is licensed under
Creative Commons Attribution 4.0 International