In "Kama Investment Forum 2013" hold Tatarstan Investment Council and TIDA’s Final board

Today, under the "Kama Investment Forum 2013" was held Investment Council with the participation of the Republic of Tatarstan Prime Minister Ildar Khalikov. The first meeting of the Investment Council under the chairmanship of the President of the Republic of Tatarstan Rustam Minnikhanov held at the Tatarstan Government House in December 16, 2012.

Opening the second meeting of the Investment Council Ildar Khalikov underscored the importance of its work.  “In 2013 in Tatarstan will be open enterprises with an investment over 500 million dollars", - he noted. In addition, Ildar Halikov said about the cooperation of municipalities with the Russia’s Agency of Strategic Initiatives.
Also during the forum was held the Final board of Tatarstan Investment Development Agency, where its Chief executive Linar Yakupov told about TIDA’s activities in 2012 and its aims for 2013.

Talking about the outcome of the Republic of Tatarstan, Chief executive told that the volume of investment in fixed assets (excluding the budget) amounted 402 billion rubles, which is 109.5% more than the previous year. Total foreign investment received in 2012 amounted to 735.6 million U.S. dollars, where the direct investment  is more than 577 million U.S. dollars - 5.8 times more than in 2011.

Linar Yakupov told about the results of the campaign «INVEST in TATARSTAN», which was launched in the framework of the participation of the Republic of Tatarstan in International Investment Forum in Dubai (UAE) “AIM 2012”. In 2012, as part of this campaign, the investment potential of the republic has been presented in the United Arab Emirates, Malaysia, Singapore, Finland, the UK and several other countries.

In the framework of «INVEST in TATARSTAN» Republic has cooperated with CNBC, fDi (Financial Times) and other leading world media. After the first stage of advertising campaign the recognition of republic has increased from 18% to 44%.

Agency’s Chief Executive also noted that to meet the demands of investors is necessary having favorable investment infrastructure. According to him, since the beginning of 2012, the Agency pays special attention to the creation of industrial sites at the municipal level. Moreover, Linar Yakupov said that attracting investment is a system work for all state and municipal authorities of the republic. He noted that as an important part of this work may become regional investment promotion agencies. At the "Kama Investment Forum 2013" First Plenary Session was signed an agreement on cooperation between Tatarstan Investment Development Agency and Investment romotion agency of Naberezhnye Chelny. The agreement signed by Tatarstan Investment Development Agency Chief Executive Linar Yakupov and Head of Investment promotion agency of Naberezhnye Chelny Ravil Shaikhutdinov.

Also, the board discussed the development of investment areas in the Republic of Tatarstan, supporting and promoting the export enterprises of the republic, creating and supporting of investment infrastructure by the example of the Kazan Smart City, creating a system of monitoring the implementation of investment projects and others.

Director of the Industrial Park "Razvitiye" Sergei Kulish told about the main goals and objectives of the park. Then performed Tatarstan Development Corporation Deputy CEO Ayrat Nazmeev. He noted the great export potential of the republic and creating the Tatarstan Export Corporation. Kazan Smart City was presented by the Tatarstan Development Corporation CEO Bulat Gayanov.

During TIDA’s Final board President of XYBASE Mr. Suhaymi bin Abu Hassan Shaari presented the electronic monitoring system of investment projects and expressed confidence that the implementation of this system will significantly reduce and simplify the process of obtaining permits, and will give an opportunity to monitor investment projects in all stages of its implementation.

In his speech, Prime Minister Ildar Khalikov noted the important role of investment and business in the successful development of Tatarstan.

“It’s good that in Tatarstan was created Tatarstan Investment Development Agency, an appropriate infrastructure to attract investment and support entrepreneurship in cities and regions. There are good results, but we can do more. Ministers, government agencies must personally work in attracting investment in their fields, this is a very important”, - he said.

Also Ildar Halikov underscored some objectives of Tatarstan Investment Development Agency in 2013.

Tatarstan Investment Development Agency Press Service