NEWS

Regional events on promoting the development of the global Islamic financial sector, which is also scheduled to hold in Dakar (Senegal) and Jeddah (Saudi Arabia), precede the main event of the year - a celebration of the 40th anniversary of the Islamic Development Bank, scheduled for June 25-26.

Event, which opened today in the capital of Kazakhstan, was attended by representatives of 12 member countries of the Islamic Development Bank (IDB). Tatarstan Investment Development Agency Chief Executive Linar Yakupov visits forum by the invitation of the Islamic Development Bank President Dr. Ahmad Mohamed Ali.

By the information of the official IDB website during the forum will be discussed the work of the bank for the past four decades, future challenges, global and regional priorities and IDB development strategy for the next 10 years.

Tatarstan Investment Development Agency held monitoring of local governments activities in investment field. This time it was held in Cheremshan region.

Visit of a working group headed by the Agency’s Chief Executive Linar Yakupov began with a tour of the two formed investment sites of the region, one of which is located on the territory of the former inter-farm construction association, the other - on the former Cheremshan Agropromsnab base.

Inter-farm construction association territory with a total area of 6.3 hectares, is considered as a platform where can be organized the production of building materials and furniture. Territory has the access to the roads and utilities. Also there is located the empty industrial buildings with a total area of 5200 square meters. According to the plans of the municipal bodies on the territory of the site will be located the production of building materials and as residents will be the construction companies and manufacturers of building products and furniture.

Businessmen, foreign investors and the public authorities of the Republic of Tatarstan will meet in «Kazan» ski complex.

The event is organized by Tatarstan Investment Development Agency with the participation of Tatarstan Development Corporation and Tatarstan Export Corporation. Forum will be held with the support of Tatarstan President Rustam Minnikhanov.

International Winter Forum is one of the most important world events in the field of business and investment, where meet successful business leaders, government representatives, headed by the President of the Republic of Tatarstan Rustam Minnikhanov and foreign investors interested in the investment attractiveness of the region.

The event program includes the presentation of investment opportunities and infrastructure of the Republic of Tatarstan, panel discussions with the participation of existing investors of the region and panel sessions on priority areas of the Republic of Tatarstan. In particular, the forum will discuss the engineering and auto components industry, medicine and pharmaceuticals, service and tourism.

Dear friends! On behalf of Tatarstan Investment Development Agency wish you a Happy New Year!

On the eve of the holidays receive our warmest congratulations and best wishes of good health and fruitful work. Let the next year will bring you many pleasant and bright moments, joyful changes and significant events! We wish you a good friends and supporters!

Happiness, optimism, energy, wellbeing, joy to you and your family in the New Year!

The meeting discussed a number of issues: the results of Tatarstan Investment Development Agency in 2013, the activities of Tatarstan Development Corporation and DIP «Alabuga» (Tatarstan Investment Development Agency has a functions of the founder), as well as activities of Tatarstan Export Corporation and plans of Tatarstan Investment Development Agency for 2014.

The meeting was held with the participation of Agency Chief Executive Linar Yakupov and his First Deputy Robert Galiullin. The meeting was also attended by Head of «Junior Achievements» project Lala Bikchentaeva, Chairman of the Tatarstan Association of Small and Medium Enterprises Haidar Khaliullin, representative of the Tatarstan Public Chamber Timur Halikov and Tatarstan Development Corporation CEO Bulat Gayanov.

Talking about the Agency's activities in the current year, Robert Galiullin presented the volume of foreign direct investment in 2013, complemented by indicators of 2012 and information about the planned volume of foreign investments for 2014-2015. In particular, noted that in 2014 this figure should reach $ 750, in 2015 - 1.5 thousand dollars per capita.

Cooperation in attracting investors to the region was the subject of discussion during the meeting of Tatarstan Investment Development Agency leadership and the directors of organizations working in the field of attracting investments.

Today in Tatarstan operate 8 structures acting as investment promotion agencies. They can be not only public but also private organizations. This is «Development Corporation» of Drozhzhanovsky region, LLC «Naberezhnye Chelny Investment Promotion Agency», LLC «Saba-invest", «Green vale» Investment Center and «The Department of Enterprise Development in Almetyevsk municipal region».

Three structures, whose activities are connected with investments, operate in the Elabuga region: Municipal Unitary Enterprise «Agency for investment and development of the Elabuga municipal region territory», Elabuga municipal region’s Chamber of socio-economic development and Investment programs management of «Alabuga» industrial area territory.

The opening ceremony with the presence of Tatarstan President Rustam Minnikhanov held last Saturday in the Usady village.

The event was also attended by ICL-KME CS CEO Victor Diachkov, Tatarstan Investment Development Agency Chief Executive Linar Yakupov, Deputy Prime Minister, Minister of Information and Communications of the Republic of Tatarstan Roman Shaikhutdinov and Head of Laishevsky municipal district Mikhael Afanasyev.

Construction of the JSC «ICL- KME CS» industrial electronics plant, which will include three production complexes and two engineering centers, will be closely located to Kazan Smart City. A new engineering center building, the opening of which was held on December 21, is a 3-storey administrative building with an area of about 5 thousand square meters. Center will accommodate highly skilled engineering staff. Cost of construction amounted to about 280 million rubles.

Full run of ICL-KME CS plant is scheduled for 2017. By this time, its total production capacity will reach 1 million units per year. By 2017 the number of employees in the company will reach 5 thousand people (now about 1.8 thousand).

Top managers of foreign companies, invested in the region, met with the leadership of Tatarstan Investment Development Agency. Sides discussed the challenges, which face investors in Tatarstan, assessed the current situation and gave recommendations for further cooperation.

The discussion was attended by representatives of Hygiene Technologies, Yokogawa, Honeywell, KPMG, YIT Kazan, LLC «Kactamonu Integrated Wood Industry» (SEZ «Alabuga»), EY, Schneider Electric, PwC, Bank «Intesa» Credit Europe Bank. The meeting was held in an informal atmosphere – in a «Courtyard Marriott Kazan» hotel terrace.

«We are interested in the fact that you share your opinion about our work, offer recommendations to improve the investment climate of the republic and tell us about the difficulties that you face while working in Tatarstan», - underscored Linar Yakupov.

Sharing information about the difficulties they faced, company representatives told about the problems with the staff. Investors also underscored the work of taxi services, noting that in Kazan can be introduced taxi services’ international standards. Sides discussed lack of residential infrastructure, visa support, the formation of the investment image of Tatarstan, one of the guests said that foreign partners are not always know all opportunities of republic.

Republic took the first place in the nomination «The minimum economic risks» of XVIII rating of investment attractiveness of regions, prepared by «Expert RA» rating agency.

Tatarstan entered to the top ten of the Russian Federation’s regions, who took the leading positions in the ranking on the overall level of investment risk. Tatarstan took the seventh place. In the first place located Leningrad region, second and the third place is given for Belgorod and Lipetsk regions.

The third place is reserved for Tatarstan as a region with a high level of creating highly productive jobs. In the first and second places of the rating located Moscow and St. Petersburg.

This year, «Expert RA» agency noted not only the regions, but also the companies promoting and improving their investment climate. The largest growth of SME lending in the 9 months of 2013 had Tatarstan JSC «AIKB «Tatfondbank». Diploma «for the active development of SME lending for 9 months of 2013» awarded JSC «IntechBank».

The parties discussed the progress of the project, its financing and the development of engineering infrastructure.

In Tatarstan Investment Development Agency held a meeting with representatives of «VIS» construction companies on creating infrastructure of Kazan Smart City. «VIS» delegation headed by Board of Directors Deputy Chairman Rashid Aytuganov included Advisor to the Board of Directors Deputy Chairman Ramil Galeev, Advisor to the Board of Directors Chairman Dmitry Chekeshev.

The meeting was attended by Tatarstan Investment Development Agency Chief Executive Linar Yakupov, Chief Executive First Deputy Robert Galiullin, Head of Public Private Partnership Department Sergey Golovin and Tatarstan Development Corporation CEO Bulat Gayanov.