Tatarstan in the lead: the republic retained its position in the Rating of the state of the investment climate of the subjects of the Russian Federation
On June 17, as part of SPIEF’22, the Agency for Strategic Initiatives announced the results of the National Rating of the State of the Investment Climate of Russian Subjects in 2021. Despite a number of external macroeconomic factors hindering the development of the country's economy as a whole, Tatarstan once again demonstrated one of the best results in creating conditions for the implementation of investment projects and launching new business support tools. The republic took the second line of the rating immediately after the capital region - the city of Moscow.
Recall that the rating annually assesses the efforts of regional authorities aimed at creating favorable conditions for the effective conduct of business and the implementation of investment projects. The rating traditionally sums up the results for the past year. The methodology takes into account various areas of management initiatives: the development of institutions and infrastructure to support business at any of its stages, the correctness and completeness of information for investors, the level and speed of digitalization in the provision of public services, the improvement of the regulatory environment, as well as the availability and effectiveness of support for business.
“The key competitive advantage of the regions in the fight for investments is the speed of implementation of the proposed solutions necessary for the successful launch of an investment project. This applies to infrastructure and resource support, the speed of passing all administrative procedures. Our republic conducts continuous, methodical work to identify the level of business satisfaction with the services provided, to improve their quality, to create conditions that guarantee the availability and receipt of services and measures in accordance with the expectations and needs of business within a clearly defined time frame within the framework of verified procedures,” said the Minister of Economy Republic of Tatarstan Midkhat Shagiakhmetov.
Despite the second pandemic year, the volume of investments in fixed assets in the Republic of Tatarstan in 2021 amounted to 683.3 billion rubles, which corresponds to a growth rate of 105.5% compared to 2020.
To support business in 2021, Tatarstan implemented 2 packages of measures in the context of the spread of the COVID pandemic, including a set of financial and non-financial support programs that more than 34,000 SMEs received for a total of 3.5 billion rubles. Timely measures contributed to the growth in the share of small and medium-sized businesses and, as a result, jobs opened by business entities.
On behalf of the President of Tatarstan, active work is being carried out in the republic to reduce administrative pressure on business - the factors influencing the growth of control and supervisory inspections are analyzed, measures are worked out to eliminate the identified risks, a preventive approach is applied, as a result of which the dynamics of warnings from the total number of punishments has increased. As a result, Tatarstan rose from 60th to 4th place in the ranking of the country's subjects with the least pressure on business.
Tatarstan has become a pilot region for the implementation of the Regional Investment Standard. All five elements of the system for supporting new investment projects have been approved and introduced in the republic. This made it possible to bring to a distance of a few clicks all the documents necessary for the implementation of investment projects and guarantees of the rights of investors - investor action algorithms, an investment declaration and an investment map of the region.
At the end of 2021, the Republic of Tatarstan significantly improved the dynamics of the implementation of PPP projects. The region has risen from 61st position to 6th in the Rating of the country's subjects in terms of the development of public-private partnerships, formed by the Ministry of Economic Development of Russia. The rating assesses the work of government bodies, including their openness to investors, readiness to provide consulting and financial support, which also indicates a qualitative transformation of the institutional environment and regulatory support for public-private partnership in Tatarstan.
The republic is also actively involved in optimizing business processes within support measures and services for business, modernizing digital services, developing new technological solutions, the functionality of which allows the business community to access public services and procedures remotely, reduce the time for obtaining them and improve quality. interdepartmental interaction.
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The National Rating of the State of the Investment Climate in the Subjects of the Russian Federation is a strategic initiative implemented since 2014. The rating assesses the efforts of authorities at all levels in the regions to create favorable business conditions. The main part of the indicators is formed on the basis of surveys of regional entrepreneurs. When developing the methodology, the experience of existing domestic and international ratings and other mechanisms for assessing the investment climate was taken into account. The system of indicators of the Rating has been developed taking into account the best world experience aimed at assessing the state of the investment climate.