Ildar Khalikov: High level of investment attractiveness of the Republic of Tatarstan is the result of dynamic economic development of the region

On February 6, at a summary session of the Tatarstan Investment Development Agency, Head of the agency Taliya Minullina said that by results of 2016 foreign investments to the republic’s economy made more than 422 mln dollars. The region is more closely cooperating with Western Europe, China, Turkey and the USA.

For the second year in a row Tatarstan led the national rating of the investment attractiveness of regions.

The most major project that were implemented in the previous year are Ammonia fertilizer plant, Haier refrigerator factory, laboratory and industrial complex “Nanopharma-Development”, Kazan plant of modern packaging, Trakya Glass Rus. An investment portal which is available in 11 languages is very important for the promotion of the brand of Tatarstan abroad.

According to Minullina, presentation of the republic’s potential outside Russia and holding of major international forums (KazanSummit) in Tatarstan favour the expansion of business contacts.

Ildar Khalikov informed that Tatarstan is ranked third in Russia in terms of capital investments.

High level of investment attractiveness is the result of dynamic economic development of the region, he said.

The Prime Minister highly estimated the activity of regional industrial sites the total revenue of which exceeded 150 bln roubles.

Khalikov reminded that the federal center approved the Concept of territorially detached innovation and production center Innokam, which comprises 79 priority projects.

One of priority tasks of the agency for the current year, according to Khalikov, is the development of public-private partnership.