Tatarstan Investment Development Agency is celebrating 10 years anniversary!
On June 1, 2011, a Decree of the President of the Republic of Tatarstan was issued on the establishment of the Investment Development Agency, an executive body of state power responsible for attracting investments and supporting investment projects throughout the region.
Over the 10 years of its work, the Investment Development Agency of the Republic of Tatarstan has shown constant positive dynamics in key industries. Over the past decade, $ 12 billion of foreign investment has been attracted to the economy of Tatarstan. The annual indicators for attracting foreign direct investment increased by more than 18 times compared to 2011. The republic annually has about 170 countries-foreign trade partners and 70 countries-investors. And every three days a company with the participation of foreign capital is registered in Tatarstan, that is, more than 1000 such new companies per year.
Since 2014, Taliya Ilgizovna Minullina has headed the Agency. As a result of painstaking work, Tatarstan topped the National rating of the state of the investment climate in the constituent entities of the Russian Federation (from 2015 to 2019 it is in the top 3 leaders of the rating) in 2016 Tatarstan was recognized as the best Russian region in the rating of business hospitality "Business Agent" ANO "Agency for Strategic initiatives to promote new projects ”.
Taliya Minullina created the Unified Presentation Center of the Republic of Tatarstan with the possibility of virtual visits to industrial enterprises and industrial parks, which in a little more than 3 years of its existence was visited by about 2,200 people, consisting of more than 200 delegations from 40 countries. The experience was recognized as unique in the world by the World Association of Investment Development Agencies (WAIPA) in 2017.
Talia Minullina initiated the signing of more than 150 agreements (memorandums) on cooperation with national and foreign investors, which formed the basis for the implementation of large investment projects in the Republic of Tatarstan. Over the past five years, the concluded agreements (IdaSange Rus LLC, HAYER LANDRY MACHINE RUS LLC, DaimlerKamaz Rus LLC, Kamastal LLC, Kravt Invest LLC and many others) ensured the implementation of investment projects with an annual volume of off-budget investments in the amount of 600 billion rubles. She personally carried out the attraction of new technologies and industrial innovations to the Russian Federation, regularly held negotiations on the localization of production of the largest international companies in the field of industry, construction, digitalization and high technologies. It was during the years of Minullina's work that the first foreign investments from the United Arab Emirates, Japan, and South Korea came to Tatarstan. Key achievements include the largest non-resource project in Russia with Chinese investments - the construction of an industrial park by Haier with an investment volume of $ 1 billion. Among the most significant achievements is the opening of the only scientific research center of Schneider Electric in Innopolis in the Russian Federation.
In the status of the secretary of the Investment Council of the Republic of Tatarstan, the head of the Agency ensures the adoption of key decisions on the formation and implementation of investment policy in the region, providing a system of measures to support the subjects of investment activity. She built an effective system for the examination of investment projects, providing an assessment of the social and economic effect of their implementation for the Republic of Tatarstan. Over the past five years, the Investment Council has reviewed hundreds of projects. In general, within the framework of state support for the creation of new production facilities, over 10 years (2011–2020), 443 billion investments were attracted.
In 2018, on the initiative of Talia Ilgizovna, the Investors' Club of the Republic of Tatarstan was created - a platform for open interaction between investors implementing projects in Tatarstan and representatives of government bodies. The Investors Club is designed to stimulate the formation of cooperative ties of investors for subsequent reinvestment and scaling of investment projects. As members of the Club, large investors of Tatarstan participate in the implementation of social and public projects.
The Investment Development Agency of Tatarstan and its head Taliya Minullina are deeply integrated into the international professional community, which helps to strengthen the image of the Republic of Tatarstan as part of the Russian Federation as an investment-attractive region that provides a clean and resourceful sea of economic opportunities in the ocean of global turbulence.