Tatarstan confirmed the implementation of the regional investment standard

12 pilot regions, including the Republic of Tatarstan, which started implementing the regional investment standard in 2021, have successfully completed the work.
The federal group on the creation of a system of support for new investment projects came to the same conclusion. It includes representatives of "Working Russia", Chamber of Commerce and Industry, Russian Union of Industrialists and Entrepreneurs. This work is headed by First Deputy Chairman of the Government Andrey Belousov.
Compliance with the entity's standard requirements will be taken into account when forming the National Investment Rating of the Agency for Strategic Initiatives.
"Regions will annually certify their compliance with investment standards. This will allow you to identify both best practices and weak points in doing business. It is now necessary for entities to strengthen the provision of information about their standard instruments to the business community. This is especially important for the regions that have approved its implementation, because they can claim to receive subsidies on investment deductions, which means they will be able to use this preferential mechanism more actively," said Deputy Minister of Economy Murat Kerefov.
All elements of the regional investment standard are implemented in Tatarstan. In the Republic, the investment declaration was approved by the Government's obligations, an investment map and a set of rules were formed with optimal algorithms for connecting to the infrastructure. All these instruments influence the improvement of the business climate in the region. Tatarstan has maintained a high level of investment attractiveness and won the second place in the national rating.
All elements of the standard are posted on the investment portal of the Republic of Tatarstan.