All elements of the Regional Investment Standard were among the first to be introduced in Tatarstan

In the Republic of Tatarstan, all five elements of the system for supporting new investment projects, the Regional Investment Standard, have been approved and implemented.

The regional investment standard is a tool for creating favorable conditions for doing business in the regions and involves the introduction of conditions to attract more investors.

To implement the standard, the regions of the country approve investment declarations with obligations not to worsen the conditions for the implementation of investment projects. Investment development agencies and committees are being created to support projects and resolve disputes. Investment maps of regions and a set of rules with optimal algorithms for connecting to the infrastructure are being formed. In total, the standard includes 15 best investment practices used by the economically most successful regions.

Tatarstan has become a pilot region where all five elements of the investment standard have been implemented:

Investment Declaration;
2. Agency for investment development;

3. Investment committee;

4. Investment card;

5.Code of investment rules.

The Ministry of Economy of the Republic of Tatarstan is authorized to monitor and confirm the implementation of the Regional Investment Standard in the region.

Documents on all elements of the Regional Investment Standard are placed in the public domain on the Investment Portal of the Republic of Tatarstan in the Investment Standard tab: https://invest.tatarstan.ru/ru/investment-standard/