Investment digest of the Republic of Tatarstan: “investment hour” with the Yutazinsky municipal district

7 November 2023, Tuesday

The Yutazinskiy municipal district of the Republic of Tatarstan reported on the implementation of measures to ensure sustainable socio-economic development within the framework of the republican meeting chaired by the Rais of the Republic of Tatarstan Rustam Minnikhanov.

Such meetings are held on a weekly basis in the Government House of the Republic. The report of the head of the district examines the main indicators of the district's activity, the development of industries, the state of entrepreneurship, the level of wages and unemployment, the pace of construction of social infrastructure and housing, education, and achievements in a variety of areas.

The head of the Yutazinsky municipal district, Ayaz Shafigullin, said that in total for the district, investments in fixed assets at the end of the current year are planned at the level of 1 billion 600 million rubles (2022 - 1486.3 million rubles; 6 months of 2023 - 796, 6 million rubles, 6 months of 2022 – 400.1 million rubles).

In order to attract investors to the region, as part of the visit of the President of Uzbekistan to the Republic of Tatarstan, representatives of the delegation from the Khorezm region visited the Yutazinsky district. The guests looked at the industrial and agricultural enterprises of the region, the industrial park, and got acquainted with the facilities implemented under republican programs. This meeting was a unique opportunity to showcase the district's achievements, as well as establish connections with Uzbek colleagues. The interest of the guests turned out to be very high; they expressed their intention to open a clothing production in area.

The Urussu Industrial Park also continues its development. Today, 19 residents operate on the territory of the industrial park. The organizations' turnover for 6 months amounted to 432 million rubles, compared to the same period in 2022, increased by 42%. 238 people were employed. Occupancy rate 56%.

This year, a new resident, Cement Trade LLC, entered the territory of the industrial park. Currently, it is carrying out a deep reconstruction of the transfer point with the replacement of above-ground and underground structures for receiving and packaging cement. We installed two storage tanks, each holding 300 tons, and are assembling two more. 90% of raw materials will be used by the owner's existing factories. In the future, they plan to build and launch the production of reinforced concrete products (supports for power lines, rings for wells), and create 12 jobs by the end of the year. Investments will amount to more than 50 million rubles.

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