Tatarstan plans to reduce the thresholds for investors from 350 to 15 million rubles
It is proposed to differentiate the criterion for the total volume of investment of at least 350 million rubles in an investment project of an industrial park for urban districts and for municipal districts of the Republic of Tatarstan. The corresponding bill on amendments to the Land Code of the Republic of Tajikistan is under preliminary consideration in the State Council of the Republic of Tajikistan.
To date, more than 1,500 residents work in all industrial parks of the republic, 52.2 thousand jobs have been created, residents’ revenue at the end of 2021 amounted to more than 404.7 billion rubles (at the end of 9 months of 2022, 263.3 billion rubles). These include such large infrastructure facilities as the Khimgrad Technopolis in Kazan, the Kama Industrial Park Master in Naberezhnye Chelny, as well as industrial parks that have been created in almost every municipal district of the republic. Their total area for industrial development is more than 2.2 thousand hectares. Given the same volume of investment, industrial parks in large cities with developed infrastructure, such as Kazan and Naberezhnye Chelny, are obviously more attractive for investors.
In order to stimulate the development of industrial parks in the territories of municipal districts, the bill proposes to reduce the required amount of investment for them to 15 million rubles.
It is also proposed to exclude the criterion for creating jobs during the implementation of the investment project of the management company of an industrial (industrial) park due to the impossibility of monitoring and control over its implementation. Currently, investors must create at least 50 jobs in rural or urban settlements, and at least 100 jobs in Kazan or Chelny.
The bill is aimed at introducing additional measures to support investors who plan to invest in the creation and development of infrastructure to support small and medium-sized businesses in municipal areas of the Republic of Tatarstan.
Talia Minullina: “The Investment Development Agency is the initiator of this bill. Today we need new tools for working with investors. It will no longer be possible to work the old way! The world is changing, the economic situation is not simple, other regions - our colleagues are not sleeping either. They also practice investment tax deduction has been a long time ago, and a program of subsidies and grants for investment projects, and offset contracts have begun. We also need to expand the range of possibilities. In current legislation, land plots for rent without bidding can only be provided to large industrial parks, such as, for example, an industrial park " Development" or the industrial park "Nizhnekamsk" with a total investment volume of over 350 million rubles. For small municipal industrial sites, where the largest share is small business, this investment threshold is high. We need to adapt the criteria to the development of small businesses. In general, if we want new residents in industrial parks, we need to build premises with preferential rent, dormitories for specialists, we need to develop new mechanisms to support investors.”