Tatarstan is interested in British technology and business, said the head of the Republic

© RIA Novosti / Ramil to Setdiscoverable in Photobacterium of the Republic of Tatarstan Rustam Minnikhanov. Archival photoTatarstan is interested in British technology and business, said the head of the Republic© RIA Novosti / Ramil to Setdiscoverable the image Bank

Tatarstan is interested in attracting to the Republic of British business, technology and investment, said President of Tatarstan Rustam Minnikhanov on Wednesday, his words are quoted by the press service of the regional government.

Minnikhanov is on a working visit to London, where he participated in the Russian-British business forum «Bringing together potential growth.» The event is held in London annually from 2015, it is organized for the development of economic relations between the two countries, showcasing investment and trade opportunities in Russia for British companies, further development of existing contacts, noted in a press-service.

The event is organized by the Ministry of economic development of the Russian Federation, trade representation of Russia in the UK together with its partners, the report States.

«We are interested in attracting British business and capital in Tatarstan, will be happy to expand mutually beneficial cooperation and ready to render assistance,» — said Minnikhanov at the opening ceremony.

President of Tatarstan said that the Republic as one of developed regions of Russia, has a high proportion of imports from the United Kingdom of machinery and equipment, imports a number of manufactured goods. Also, according to him, the Tatarstan enterprises and banks that have direct connection with the English partners, participate in exhibitions held in the UK, used in the production of advanced British technology. Tatarstan exports to Britain oil and petroleum products, plastics and articles thereof, rubber, rubber products and other products.

«The Republic of Tatarstan as one of the leading and industrially developed regions of Russia, could be of interest to British business opportunities in such areas as energy and petrochemicals, automotive and automotive components, mechanical engineering and Aeronautics, new materials, innovative development, IT and other high technologies, agriculture, engineering, medicine, Islamic banking, transportation and logistics, small and medium business», — said the President of Tatarstan.

Minnikhanov reminded that Tatarstan are oil – producing and oil-refining region with a developed petrochemical industry, which also produced cars, planes, helicopters, ships, engineering products. About 50% produced in the country goods, according to him, is exported, at the same time, Tatarstan is among five leading regions in agricultural production. Also for the third year in a row, Republic takes the first place in the national ranking of investment climate.

In the Republic there are two special economic zones, construction of the first phase of the satellite town of Kazan Innopolis, which aims to become Russia’s ground No. 1 in the field of information and communication technologies. In addition, by decision of the government of the Russian Federation in Tatarstan formed the territory of advancing socio-economic development «Naberezhnye Chelny», which provides residents with significant tax benefits, said the President of Tatarstan.

Among the large-scale investment projects to be implemented in the region in the coming years, Minnikhanov called the Kamsky innovative territorial and production cluster Innokam, Sviyazhsk interregional multimodal logistics center construction of high-speed railway «Moscow-Kazan» international transport corridor «Europe – Western China».

The head of the Republic supported the idea, voiced by Ambassador extraordinary and Plenipotentiary of Russia to UK Alexander Yakovenko, to arrange a visit of the business delegation from Britain in Tatarstan, noting that the country is open for cooperation and ready to develop business contacts and strengthen the relationship.

Other news from the region read here >>