Tatarstan Investment Council: 152 projects and TIDA initiates the transition of the investment process to a new level
Today in the House of Government of the Republic of Tatarstan under the chairmanship of the President of the Republic of Tatarstan Rustam Minnikhanov held a meeting of the Investment Council of the Republic of Tatarstan - a collegial advisory body on issues of attracting investments into the economy of the Republic of Tatarstan.
The event was initiated and prepared by Tatarstan Investment Development Agency, whose Chief Executive Taliya Minullina presented the keynote address.
Opening the meeting, the President noted that the work of an advisory body must be moved to a more practical level: therefore on October 13 was amended Presidential Decree from July 5, 2012 № UP-538 "On establishment of the Investment Council of the Republic of Tatarstan". In particular, the Presidium of the Council is created. The relevant rules are prepared by TIDA.
Taliya Minullina tells details about the innovations:
"The Presidium aims to solve two problems: to hear the presentation of new investment projects in order to choose the site for their implementation and to consider the possibility of state support. The second, no less important task - considering issues of the investors in the already implemented projects, which can’t be solved at the level of the Investment Agency".
The meetings of the Presidium of the Investment Council shall meet at least once a month, it consists of 12 people.
Taliya Minullina spoke about the work of the Agency to collect and organize information on investment projects (each worth at least $ 1 million): the information received by the "one window" from the state authorities and municipalities of Tatarstan.
152 projects in TIDA’s base.
"From ministries and departments was provided data on 74 projects, the leaders are the Ministry of Industry and Trade - 50 projects, the Ministry of Agriculture and Food - 10. The municipalities provided data on 86 projects: 34 for Kazan, 17 - the Nizhnekamsk region and 14 – Elabuga region", - said Taliya Minullina. 60.5% of the projects related to industrial production, 25, 6% - agriculture and food, said TIDA Chief Executive.
"Construction of an industrial complex for the production of goods for children goes in Pestrechinsky region. The volume of investments 563 million rubles, in the first phase invested 8 million. Now goes the process of registration of land. The domestic products for children are planned to sell by the end of 2016", - cited the example the Secretary of the Council.
"From the 246.2 billion rubles investments 238.9 billion are private funds, 1.9 billion – from budget", - said Taliya Minullina, speaking about ongoing projects in the republic.
With regard to investment ideas (it differs from project by the degree of maturity and necessity to find an investor), in this case, TIDA has information about 57 ideas.
"In the Rybno-slobodskoy region planned to create a trout farm. The total investment nearly 114 million rubles. A business plan has developed. However, when we can eat it – unknown, because there is no co-investor yet. Therefore, Agency has prepared a specialized brochure about such investment ideas in different languages to work with potential investors", - said TIDA Chief Executive.
Priority - work with investors. Local and foreign ones
On a model of work with investors said Vladimir Gritskikh.
"The agency is the closest to the end customer - investor, so the rest of the participants should focus on TIDA’s ideas about which investment proposals demanded by the market. Packaging, information, marketing, attraction of investments - is the prerogative of TIDA as a "window", - said the Head of the "Tatarstan 2030" office Vladimir Gritskikh.
In conclusion of the meeting the President noted the importance of cooperation with Russian and foreign companies, and emphasized the importance of working with local investors. "Sometimes it is better to implement thousands of projects, each worth 1 million, rather than talk about the multi-billion dollar projects", - said Rustam Minnikhanov.
In addition, the Chairman of Investment Council emphasized that the work should be carried out with investors on a daily basis by each state authorities and municipalities in their areas.
Also at the meeting made their presentations the Mayor of Kazan Ilsur Metshin, Tatarstan Minister of Economy Artem Zdunov, First Deputy Minister of Land and Property relations of Tatarstan Sergei Demidov, the Commissioner for the Protection of the rights of entrepreneurs of Tatarstan Timur Nagumanov and other participants of the event.
TIDA Press Service, Iskander Akhmedov