Potential of Halal Industry Highlighted in Business Workshop

Tatarstan Investment Development Agency met with representatives of the republic’s municipalities in Kazan IT-Park as part of preparatory work for the next meeting of the Investment Board of the Republic of Tatarstan. The gathering, which took the form of an informational seminar, featured presentations by TIDA Chief Executive Linar Yakupov, First Deputy Chief Executive Robert Galiullin, and other TIDA officials.

The Investment Board of the Republic of Tatarstan was created by President of Tatarstan Rustam Minnikhanov in July 2012 as an advisory board to issues regarding investment in the republic. The Investment Board is chaired by President Rustam Minnikahnov. TIDA is responsible for coordinating the board’s activities.

During its first meeting in December 2012, the Investment Board decided that each municipality of Tatarstan must appoint an official responsible for the issues regarding investment and for working with TIDA on investment facilitation.

“We are responsible for improving the attractiveness of the investment climate of the republic, and as such it is important that we cooperate in a unified, systematic manner,” said Linar Yakupov during the meeting.

Over the course of the meeting, the TIDA Chief Executive emphasized the fact that investors ultimately end up working at the municipal level with investment projects and how TIDA and municipal governments can coordinate this work.

During the meeting the heads of departments at TIDA also presented, as did Director of the Tatarstan Development Corporation Bulat Gayanov and Director of the Tatarstan Export Corporation Airat Nazmeev.

During the meeting, it was decided that TIDA and municipal representatives will meet together on a monthly basis to discuss issues regarding investment facilitation and the investment climate of Tatarsatan.