Linar Yakupov: “Interaction between ministries and municipalities are necessary for attracting investors in Tatarstan”

In Tatarstan Investment Development Agency held a second meeting on foreign direct investments in the Republic of Tatarstan, which was attended by representatives of ministries and departments, the municipalities of the Republic of Tatarstan, as well as representatives of the "SEZ Alabuga" and "special economic zone "Innopolis".

The meeting discussed a number of proposals relating to the investment of Republic’s niches to attract potential investors.

"Today, one of the most important objectives is to increase the volume of foreign direct investment, - said Linar Yakupov. - According to the program of socio-economic development of the Republic of Tatarstan for 2011-2015, adopted by the State Council of Tatarstan in March 31, 2011, the amount of FDI per capita is expected to grow to $ 1,500 by the end of 2015".

To achieve this goal was created a list of the persons responsible for the activities in the investment field. As a result of the first meeting, held on August 13 of this year, was decided that all the ministries and departments, as well as the municipalities of the Republic of Tatarstan should more actively provide information that is needed for presentation to potential investors.
During the meeting the Tatarstan Investment Development Agency Chief Executive noted that "now a lot of Russian regions offer platforms and tax preferences, however, Tatarstan is attractive because of its good market, labor, raw materials, as well as interaction with the government. "

Participants also discussed the role of public-private partnership (PPP) in the Russian economy and the development of eight priority areas of Tatarstan: the historically chemical and petrochemical industry, construction and building materials, agriculture and food processing and new spheres such as medicine and pharmaceuticals, information technology and telecommunications, halal industry, services and tourism.
Deputy Minister of Health of the Republic of Tatarstan Ildar Fatihov underscored the importance of holding seminars on priority areas of the republic.

In conclusion Linar Yakupov thanked everyone for attending and reminded that "to attract investors to the territory of the republic we should have full information on the resources and a capability of each region and this requires efficient collaboration of ministries and municipalities of the republic."

Tatarstan Investment Development Agency Press Service