Rustam Minnikhanov meets with European Bank for Reconstruction and Development president

25 September 2013, Wednesday

President of Tatarstan, Rustam Minnikhanov, on Tuesday within the ongoing Russia-Singapore Business Forum met with European Bank for Reconstruction and Development president, Suma Chakrabarti.

When discussing with investors which Russia region could be successfully cooperated with, said S. Chakrabarti, he first named Tatarstan. Tatarstan, in his view, ranked first among the Russian territories in terms of investment attractiveness.

EBRD representatives, led by Suma Chakrabarti, are on 22-24 October scheduled to visit Tatarstan, to explore the possibility of investing in the local economy. S. Chakrabarti enhanced that he looked forward to the visit and, in particular, to seeing the SEZ Innopolis.

R. Minnikhanov said the Innopolis project was one of the largest projects of the kind in Russia. Its first results were expected to be evident in 2014, he added.

Russia had adopted some laws ensuring tax preferences for investors and guaranteeing them safety of investments, President of Tatarstan went on to state. He told about some large projects implemented in Tatarstan, including building a Europe-Western China transport corridor, multimodal logistics centre in Sviyazhsk and high-speed railway between Moscow and Kazan. All the projects, requiring financial support and large investors, were points of growth for Tatarstan, R. Minnikhahov said. EBRD could provide such financial support, he said. 

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