Four investment projects were approved today at the meeting of the Investment Council Presidium of the Republic of Tatarstan

Four investment projects were approved today at the meeting of the Investment Council Presidium of the Republic of Tatarstan. Rustam Minnikhanov, the President of the Republic of Tatarstan conducted the meeting.

Alexey Pesoshin, the prime minister of the RT took part in the event. Almetyevsky, Nizhnekamsky, and Zelenodolsky municipal areas were connected by video conferencing.

The project for the construction of an enterprise for the production of thermal insulation from sponge-glass was presented first. Maksim Nikulin, the general director of the OOO “ICM Glass” (Kaluga region), spoke about the project. Such material as sponge-glass is non-flammable, does not absorb moisture and is environmentally friendly. The raw material is glass cullet (consumption volume is 20 thousand tons per year). The production plant is planned to be located on the territory of the industrial park “M-7” on a plot of 2 hectares. The expected volume of production is 150 thousand cubic meters per year.

The next project was the reconstruction and creation of a plant for deep processing of grain. Lyaisan Khayrutdinova, the director of the OOO “Gran Group”, said that the project is planned to be located in Almetyevsky district (Novotroitskoye village). Earlier there was a factory of “Tatspirtprom”, closed in 2011. It is planned to process up to 24 thousand tons of agricultural products a year in the new production plant. Maltose syrup, mixed fodder, rye malt, starch, and others will be produced there. High profitability and payback of the project are expected. Local raw materials will be used.

The third was a project of building a plant (a chemical enterprise) for the production of paint and varnish materials. The enterprise might be located in the territory of the OEZ “Alabuga”. Sphere of application is mechanical engineering, metal structures, and insulation materials. The payback period of investments to the project is 5 years. Oleg Kopeiko, the general director of the OOO “Donetskkhim – Chemical Plant”, spoke about the project. R. Minnikhanov also proposed to organize a presentation of the OOO “Donetskkhim – chemical plant” products at the regular meeting of the “Tatneftekhiminvest-holding”.

The next one was a project of creating a joint Russian-Turkish enterprise on an SKD assembly with subsequent localization of feed mixers for livestock. It will be located on the territory of the Kama industrial park “Master”. The project can be claimed for the resident status of the territory of the advanced social and economic development of Naberezhnye Chelny.

All projects have been approved by the members of the Investment Council Presidium of the RT. R. Minnikhanov marked the importance of investment projects for the economy of the republic.

The following projects were presented: an investment project “Construction of a yacht club in the area of the peninsula “Lokomotiv”, a project for the construction of an industrial park “Nizhnekamsk”, investment projects for the creation of a park for recreation and entertainment in Kazan, construction of outdoor sports grounds within the framework of improvement of the Kazanka River embankment, reports the Tatarstan Government Portal.