Rustam Minnikhanov: We need to create the most attractive conditions for investors in the republic

On October 19, at Tatarstan Government House, Tatarstan President Rustam Minnikhanov held a meeting of Tatarstan Investment Council.

Opening the meeting, Minnikhanov said that according to the Presidential Decree of October 13, 2015, amendments to the Decree On the Formation of the Investment Council of Tatarstan in order to improve the its activity were made.

"We need to put operation of Tatarstan Investment Council on a new basis," Minnikhanov said.

Thus, the Presidium of the Investment Council will be established. Its meetings are to be held at least once a month, and its decisions should have applied character. At the same time, the council meeting will be held as necessary, but at least once a year.

According to Minnikhanov, investment attracting will allow the economy to develop, create new jobs and new income revenue to the budget in the form of taxes. In addition, particular attention should be paid to creation of necessary infrastructure, giving potential to investors the opportunity to quickly grow their business.

Head of Tatarstan Investment Development Agency Taliya Minullina made a keynote report at the meeting. She said that in general, the investment projects basis consists of 152 projects totaling 764 billion roubles. The largest volume of investments was made to industry and agriculture, as well as the construction industry, medicine and others.

Minullina also said that the republic has created a database of investment ideas, which already include 57 investment proposals.

Prime Minister Ildar Khalikov, Chief of Staff of Tatarstan President Asgat Safarov, representatives of ministries and departments of the republic took part in the meeting.