The offset contract is beneficial to both investors and the state
The head of the Investment Development Agency of the Republic of Tatarstan, Talia Minullina, held a meeting with relevant ministries and departments, at which they discussed the procedure for interaction of the executive body of state power on
issues of concluding offset contracts.
The meeting was attended by:
Representatives of the Office of the Cabinet of Ministers of the Republic of Tatarstan, the State Committee of the Republic of Tatarstan for Procurement, and the Joint Stock Company “Procurement Development Center of the Republic of Tatarstan”.
Such meetings are held regularly because a number of investors are interested in the offset contract.
“In the current realities, there is an urgent need for new forms of attracting investors. Offset contract - guaranteed sales subject to the implementation of the investment project. In particular, among the requirements, the minimum investment volume was reduced from 1 billion to 100 million rubles. The new conditions for the implementation of this mechanism will allow us to increase the number of investors in various fields,” shared Talia Minullina.