Government of the Republic of Tatarstan

Taliya Minullina: Fixed capital investments from extra-budgetary resources amounted to 500 billion roubles in 2014 in Tatarstan Republic

3 February 2015, Tuesday

On February 3, Tatarstan President Rustam Minnikhanov, Dean of Moscow School of Management SKOLKOVO Andrei Sharonov and other officials took part in the collegium session of Tatarstan Investment Development Agency on outcomes of activity in 2014 and setting tasks for 2015.

Chief Executive of the Tatarstan Investment Development Agency Taliya Minullina reported that the fixed capital investments from extra-budgetary resources amounted to 500 billion roubles in 2014 in the republic and total amount of direct foreign investments made 401 million US dollars (137% of total amount in 2013) in nine months of 2014.

"Tatarstan Investment Development Agency is aimed at promoting the creation of import-substituting production, facilitating Tatarstan enterprises to increase export of goods, participating in development of "Strategy for Socio-Economic Development of the Republic of Tatarstan till 2030" project (Strategy 2030) and elaborating Tatarstan Investment Strategy project based on Strategy 2030", Taliya Minullina said.

She reminded that they work on creating a new concept for Tatarstan Investment portal as transparency and availability of investment related information play a great role in attracting investments and cooperation with potential investors. The potential partners of Tatarstan Republic are China, Azerbaijan, Turkey, Republic of Korea, the UAE and other Muslim countries, she said.

As for collaboration with municipal districts, Taliya Minullina mentioned that Laishevo, Pestrechinsky, Drozhzhanovsky, Nurlat, Tyulyachi and Chistopol districts have already held meetings on the issue in 2015.

Tatarstan President’s Press Office, Elena Britvina

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