Tatarstan economic and investment potential presented in Beijing

On April 16 presentation of Tatarstan economic and investment potential for Chinese businessmen was held at Russian Embassy in Beijing. Members of Tatarstan delegation led by Tatarstan President Rustam Minnikhanov took part in the event. Representatives of Chinese companies working in different spheres were invited to the presentation.

Opening the event, Ambassador Andrey Denisov welcomed Tatarstan delegation, and noted that Tatarstan is a unique republic within the Russian Federation. “By the level of development it competes with many countries around the world. It is characteristic of ambitious economic opportunities,” he said.

Andrey Denisov continued that relations between Russian and China are rapidly developing, and interregional contacts are important for cooperation. Volga regions more actively cooperate with Chinese regions.

Rustam Minnikhanov noted that 58 people are on Tatarstan delegation. He noted high level of cooperation between Russia and China.

Tatarstan Minister of Industry and Trade Ravil Zaripov presented industrial potential of Tatarstan. Among prospective areas of cooperation he pointed out creation of new and modernization of old power engineering facilities. He called Chinese colleagues for cooperation in oil production, transport and tourism spheres.

Telling about Innopolis IT city, Minister of Information and Communication Roman Shaikhutdinov noted that foreign project developers and producers of high-tech equipment express interest in the project.

Minister of Agriculture and Food Marat Akhmetov, in his turn, presented investment opportunities of Tatarstan agriculture. He supposes that Chinese companies may organize production of plant treatment agents in Tatarstan.

Chief Executive of Tatarstan Investment Development Agency Linar Yakupov told about investment opportunities of “Smart City Kazan”. Director General of SEZ “Alabuga” Timur Shagivaleev presented advantages of the special economic zone.

Finally, agreement between Tatarstan and Chinese Chambers of Commerce and Industry on export and import of mechanical and technical produce was signed.