NEWS

Today Tatarstan Investment Development Agency (TIDA) and Tatarsatn Development Corporation (TDC) represnetatives met with John Bogensberger, President and owner of Kronos Energy Solutions.

During the meeting the American company was presented with the investment opportunities available in the Republic of Tatarstan, among them Kazan Smart City.

Kronos Energy Solutions is dedicated to developing and implementing environmentally friendly technologies and products. The company produces wind turbines and other energy-saving products. It is also one of the main manufacturers of parts for the electric-automobile company GreenTech Automotive.

President of Tatarstan Rustam Minnikhanov met with the CEO of Radiance Hospitality Group Leong Yew Poh and Principal & Deputy CEO of Advanced Tertiary College Dr. Danny Choong Ewe Leong yesterday in the Government House of the Republic of Tatarstan.

Among those also in attendance at the meeting were Tatarstan Investment Development Agency (TIDA) Chief Executive Linar Yakupov, Tatarstan Development Corporation CEO Bulat Gayanov, Tatarstan Minister of Education and Science Engel Fattakhov, Tatarstan Minister of Construction, Architecture and Housing Irek Fayzullin, Director of Special Economic Zone Innopolis Igor Nosov, Tatarstan First Deputy Minister of Youth Affairs, Sports and Tourism Azat Sharapov, and Head of the State Department for Education of the Tatarstan Cabinet Office Renat Zamanov.

Radiance Hospitality Group and the Tatarstan Development Corporation (TDC) signed a agreement in March 2013, making the Singapore company the first investor and resident of Kazan Smart City. Radiance Hospitality Group will build a transit hotel, Hospitality and Management University and block of service apartments in Kazan Smart City. Advanced Tertiary College will be the operator of the Hospitality and Management University.

Turgut Aydan Holding visited Tatarstan Investment Development Agency (TIDA) headquarters today to explore investment opportunities in health care, retail, and textiles in the Republic of Tatarstan.

TIDA Chief Executive Linar Yakupov, TIDA Deputy Insaf Galiev, Tatarstan Development Corporation CEO Bulat Gayanov, and Head of International Relations of the Tatarstan Ministry of Industry and Trade Aidar Akhtareev took part in the meeting. Representing Turgut Aydan Holding were Yashar Aydan (Member of the Board of Turgut Aydan Holding, Deputy Chairman of Memorial hospital, Chairman of Aydan Orme) and Aykhan Aydan (member of the Board of Memorial hospital).

The two men were also joined by Onur Guven, Coordinator of affiliates of Kastamonu Integrated Wood Industries. Turgut Aydan Holding’s trip to Tatarstan was prompted by an invitation from Onur Guven, whose company has a daughter company, Kastamonu Integrated RT, in the Special Economic Zone Alabuga.

Vedomosti has published an opinion article by Andrei Nikitin, General Director of the Agency for Strategic Initiatives (ASI), in which he praises the investment promotion work that has been done by the Tatarstan Investment Development Agency.

«The first thing that we tried to do when we created ASI was to analyze what the regions of Russia with Gross Regional Product growth higher than the national average were doing,” he writes in the beginning of the article, entitled “Main roles: Four Sources of Economic Growth.” “There are some regions that have demonstrated GRP growth of more than 5% annually, and they are very difficult to compare: they are absolutely different in resources, position, and skills».

In the article, the Republic of Tatarstan is portrayed as a region that has mastered working with investors, attracting Foreign Direct Investment, and promoting itself on the global arena.

A group of the world’s leading investment promotion agencies and investment promotion experts gathered in Istanbul on 2-3 May to exchange experience and best practices in the promotion and facilitation of Foreign Direct Investment (FDI).

Entitled “Facilitating FDI Into Europe and Central Asia,” the conference was hosted by the World Bank Group’s Investment Climate Department in cooperation with the Investment Support and Promotion Agency of Turkey (ISPAT), which is also Vice President of the World Association of Investment Promotion Agencies (WAIPA).

Tatarstan Investment Development Agency and Thomson Reuters signed a memorandum of intentions in Dubai today on the matter of becoming an information partner for Kazan Smart City and participating in the development of the business infrastructure and information services of the project.

The memorandum was signed during a visit to Thomson Reuters’ Dubai office as part of an official visit of a delegation for the Republic of Tatarstan headed by President Rustam Minnikhanov to Dubai from 30 April to 2 May to participate in the III Annual Investment Meeting.

Tatarstan Gulf Investment Company and Tatarstan Development Corporation signed a memorandum of understanding during the first day of the Annual Investment Meeting 2013 in Dubai today regarding collaboration in the development of Kazan Smart City.

The memorandum was signed at the Republic of Tatarstan’s stand at the forum in the presence of President of Tatarstan H.E. Rustam Minnikhanov, with whom representatives of the Tatarstan Gulf Investment Company (TGIC) met just prior to the signing of the agreement. During the meeting, TGIC explained that they are eager to participate in the development of Kazan Smart City, a groundbreaking urban development project that will transform Kazan into a full-fledged international business hub.

President of Tatarstan Rustam Minnikhanov met with Vice President of Cisco Andy MacDonald in Dubai today during the III Annual Investment Meeting.

During the meeting the two sides discussed Cisco’s role in the ICT infrastructure of Kazan Smart City. Following the meeting, Cisco and the Tatarstan Development Corporation signed a memorandum of understanding, under which Cisco will develop the ICT Master Plan for Kazan Smart City.

The Tatarstan Investment Development Agency took part in its first World Association of Investment Promotion Agencies (WAIPA) Steering Committee meeting today in its role as WAIPA Director of Eastern Europe.

Held in the headquarters of Dubai FDI in Dubai, United Arab Emirates, the meeting was the first gathering of WAIPA’s new SteeringCommittee, which was elected by the WAIPA General Assembly in February 2012. During that General Assembly TIDA was elected to the WAIPA Directorship of Eastern Europe, unseating then incumbent director, the Public Agency of theRepublic of Slovenia for Entrepreneurship and Foreign Investments.

An official delegation lead by Tatarstan Investment Development Agency Chief Executive Linar Yakupov visited Doha, Qatar on 27-28 April to present the investment and trade opportunities available in the Republic of Tatarstan.

During the two-day stay the delegation met with Sheikh Faisal Bin Qassim Al Thani, Chairman of Al Faisal Holding and the Qatari Businessmen Association; Sheikh Khalifa Bin Jassim Al Thani, Chairman of Qatar Chamber of Commerce; the Board of Directors of Energy City Qatar; and a number of other Qatari investors and businessmen with holdings in real estate, hospitality, and financial industry.