"Don't have 100 rubles, invest them": Final meeting of the Investors Club in 2022
On December 21 at 14:30 in Kazan, at the site of the Kazan Palace Hotel by Tasigo (Crystal hall), the Investment Development Agency of Tatarstan is holding the final meeting of the Investors Club of the Republic of Tatarstan in 2022. The event will be attended by the President of Tatarstan Rustam Minnikhanov, members of the Tatarstan Investors Club, heads of large enterprises of the republic and government bodies.
The members of the Investors Club are the investors who have implemented projects in the territory of Tatarstan. The Investor Club of the Republic of Tatarstan is an advisory body under the Investment Development Agency of Tatarstan. Thus, the investor receives full support in the Agency, information support for further development in the region, participation in meetings of the Investors Club with the participation of the leadership of the Republic, relevant ministries and departments in an informal setting to discuss and resolve issues and tasks, an invitation to participate in business events of the regional , federal and international scales.
As part of the business program, there will be an expert discussion “How business should change for maximum success using all the possibilities of new technologies.” There will also be an award ceremony for the finalists of the Investor of the Year contest.
Goals of the Investors Club of the Republic of Tatarstan:
• assistance in the interaction between business and government, establishing feedback with investors, participation of companies in shaping the investment climate of the Republic of Tatarstan, integration and partnership of companies among themselves, as well as creating comfortable conditions for doing business;
• Information support for further development in the region;
• quarterly meetings of the Investors Club with the participation of the leadership of the republic, relevant ministries and departments in an informal setting to discuss and resolve issues and tasks;
• Invitation to participate in business events of the Republic of regional, national, federal and international scale.
“The secret of Tatarstan's success, which many people ask about, first of all, lies in people. This is both our President and the leadership system that he created. More valuable are those people who find the strength, time and resources to implement their investment projects in our region,” shared the head of the Investment Development Agency of Tatarstan, Taliya Minullina.
For the last 9 years, the Republic of Tatarstan has been in the top three in terms of the state of the investment climate among all subjects of the Russian Federation; stable on the 1st place in the Volga Federal District and on the 6th place in the country in terms of investment in fixed assets.
Investments in fixed assets for 9 months of 2022 amounted to 538.5 billion rubles. (106.0% from the same period in 2021). Investments in fixed assets, excluding budgetary funds, for 9 months of 2022 amounted to 450.8 billion rubles. (95.6% compared to 9 months of 2021). The volume of investments received from abroad for 9 months of 2022, according to preliminary data, amounted to 67.5 million US dollars (28.9% of the same 2021). Investments from other constituent entities of the Russian Federation for 9 months of 2022 amounted to 66.6 billion rubles, which is more than three times higher than the level of investments from other constituent entities of the Russian Federation for the same period in 2021.
At the moment, a powerful investment infrastructure has been created in the republic. Two special economic zones continue to function successfully - the IP SEZ "Alabuga" and the SEZ TIT "Innopolis".
Thanks to joint work for more than 5 years, Tatarstan is the leader in the rating of the investment climate among the subjects of Russia. The investment infrastructure of the Republic of Tatarstan includes about 100 industrial sites. In Tatarstan, there are 2 special economic zones, 5 territories of advanced socio-economic development.
“We are constantly growing progressively, and this is achieved through the synergistic effect of all development institutions in our territory. We are ending this year well: this can be seen from all macroeconomic indicators. Including investments: if last year we had a total investment in fixed assets of 640 billion rubles, then this year we expect their steady growth,” said Taliya Minullina.
It is very important for the republic to continue work to increase investment activity and improve the business climate. It is necessary to provide businesses with transparency in the passage of all procedures related to investment projects. At the same time, their number and decision-making time should be minimal. It is imperative to use the existing federal state support measures, including restarting the mechanism of agreements on the protection and encouragement of capital investments, preferences for priority development areas, and the creation of the necessary infrastructure.
Among the major investment projects that are being implemented in the country at the moment, it is worth highlighting the following:
• SIBUR continues to implement investment projects at Nizhnekamskneftekhim and Kazanorgsintez. Among them are the modernization of ethylene and polycarbonate plants, the construction power generating capacities. In 2024, it is planned to launch a new complex for the production of olefins EP-600;
• Implementation of a joint project of the republic and PJSC Gazprom on the development of the gas motor fuel market (37 gas filling stations, 3 cryo filling stations are located in Tatarstan, work is underway to build another 9 filling stations). In addition, two LNG plants were launched this year;
• The Danaflex company in the Alabuga SEZ is implementing a project to set up the production of a new generation of recyclable film materials, with a total cost of over 2.5 billion rubles;
• The Sollers company in the territory of the Alabuga SEZ began assembling two new car models: the Atlant half-hood truck and the Argo cabover truck. The total investment in the new project, taking into account the investments of Sollers Alabuga LLC and the investments of supplier companies, will be more than 5.5 billion rubles;
• KAMA TIRES continues to modernize tire production and diversify products. In 2022, investments in the enterprise's projects will amount to 7 billion rubles;
• The M-12 highway construction project is being implemented, as well as the reconstruction of the M-7 highway bypassing Nizhnekamsk and Naberezhnye Chelny, which is being carried out as part of the construction of a high-speed highway from Moscow to Yekaterinburg. The Alekseevsk-Almetyevsk highway is also under construction as part of the Shali-Bavly highway project, which will connect the M-7 and M-12 highways with the M-5 highway and provide an opportunity for further access to Kazakhstan and China. The implementation of these projects will make it possible by 2025 to almost double the length of roads of the first category and to introduce two bridges across the Volga and Kama rivers.
The Investment Promotion Agency of the Republic of Tatarstan is a member of the working group to ensure the sustainable development of the economy of the Republic of Tatarstan. In 2022, meetings were held with representatives of 5 Tatarstan TASEDs, at which problematic issues of TASED investors related to the sanctions introduced in 2022 were discussed.
The most important direction in the promotion of investment potential is the holding of congress and exhibition events.
“Such sites as the Investors Club are very important for the authorities to understand what concerns business, what problems exist. The form of our communication should be partnership. We must respect the interests of all,” said President of the Republic of Tatarstan Rustam Minnikhanov.