Ildar Khalikov: “RT Investment venture fund should increase portfolio of venture projects”

26 June 2012, Tuesday

“Management of the RT Investment venture fund should focus on increasing the number of venture projects realized in partnership with venture funds,” the Tatarstan PM Ildar Khalikov said at a session of GNO “Investment venture fund of the Republic of Tatarstan” Supervisory board at the RT Government House.

Making comments on the report of RT IVF Director Ainur Aideldinov, Ildar Khalikov noted inefficient return on assets. At the same time, he stressed positive dynamics of this rate.

“Our main wish is increase of the share of venture projects in partnership with venture funds,” Head of the Tatarstan Government said.

The PM supposes that RT IVF management must learn working with ineffective investments more efficiently.

The innovative project on producing low water demand cement using non-metallic minerals on the territory of republic will be one of the most long-term venture projects.

Members of the supervisory board heard the report of the project designers and supported fund’s participation in the project realization. They discussed other issues regarding activity of the Investment venture fund as well.

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