 An individual regional model of investments stimulation traditionally acts as a key factor of formation in the economy of the Republic comfortable and loyal investment climate. Its backbone elements are the following:
1. Full, qualitative and uniform regulatory and legal framework;
2. Wide package of measures and goads of state regulation;
3. Ready and manifold infrastructure of investments support;
4. High business activity of private sector.
The regional legislation creates the mode of “maximum favour” for the potential domestic and foreign investors.
This circumstance gave one of the main occasions to becoming of Kazan city a capital of XXVII World Summer Universiade – 2013. During its holding 64 sport facilities, 36 of them are new ones will be used.
The preparation for the games will provide an additional impulse to the processes of development of scientific and educational complex of Tatarstan. The part of village of Universiade will be passed to three largest higher educational institutions of the Republic – Kazan State University, Kazan Aviation Institute and Kazan Chemical and Technological Institute that have gotten the high status of federal university and national research centers recently.
In Tatarstan the companies-initiators of 30 investment projects of total cost of 12 bln.US dollars play a role of recipients of tax remissions. It allowed them to mobilize about 9 bln.dollars of investments, produce goods for 7 bln.dollars and create more than 8 thous.new jobs.
The main peculiarity of Tatar model of state stimulation of investment sphere is a presence of wide network of institutes of development. The central place in its configuration belongs to the special economic zone of industrial and production type “Alabuga”.
The customs and fiscal preferences, providing to the residents of zone, allow decreasing the process costs to 25% at the average. It made SEZ “Alabuga” as a center of localization of many economic agents, implementing the projects in the basic clusters of economy. 13 enterprises, having mobilized 170 mln.dollars of private investments, are registered in the capacity of zone residents to the present time.
It is supposed that the number of residents of SEZ “Alabuga” will be increased to 30 units that will create 10 thous.new jobs and accumulate 5 bln.dollars of investments as early as in the medium-term perspective.
Besides the zone a technopolis “Khimgrad”, KIP “Master”, technopark “Idea” and “IT-park” are a part of subjects of regional infrastructure of investment activity support.
Technopolis “Khimgrad” is the largest “sectorial” center of contribution investments in the chemical and petrochemical industries. The total area of buildings and facilities of tekhnopolis exceeds 500 thous.sq.m. The wide fiscal preferences are provided for the enterprises, located in its territory. It allowed for techhopolis to attract more than 250 small companies, acting in the innovation sphere.
The main goal of industrial park “Master” is a formation of complex of conditions for the harmonious development of auto components production. At the present time the total area of buildings of KIP “Master” is about 300 thous.sq.m. The number of enterprises, located in its areas, is about 140 units.
The technopark “Idea” is exhorted to contribution to the intensification of innovation activity in all branches of national economy without exception. At the present time the modern nanotechnological center with the cost of 120 mln.US dollars is created together with state corporation “ROSNANO” in the territory of this institute of development.
The most “young” subject of regional infrastructure of investments stimulation is “IT-park”. About 100 mln.US dollars of budget means were spent in the process of its expansion. It is possible to place simultaneously about 80 innovation and active companies-residents in the territory of “IT-park” of total area of 30 thous.sq.m.
The advance investment legislation, modern infrastructure of investments stimulation, large-scale state support provided the formation in Tatarstan favourable conditions for the growth of investment activity.
As of today more than 400 projects with the cost of about 37 bln.US dollars are at the different stages of implementation in the economy of the Republic.
The volume of accumulative foreign investments in Tatarstan approached the index in 4,9 bln.US dollars.
The rate of accumulation in Tatarstan exceeds 30%. It is higher in 1,5 approximately that in Russia at the average. By this indicator Tatarstan approached such dynamically developed countries as Slovenia, South Korea and Singapore.
Linar Yakupov
Chief Executive of Tatarstan Investment
Development Agency
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