A new special economic zone will be set up in Tatarstan
The creation of a new SEZ “Green Valley” was approved at a meeting of the interdepartmental working group on the creation and development of special economic zones held by Deputy Prime Minister Alexander Novak.
SEZ of industrial and production type “Green Valley” will appear on the territory of Zainsky municipal formation in Tatarstan. The main direction of work is biotechnology.
It is expected that by 2034 the volume of investments made by the residents of “Green Valley” will amount to over 15 billion rubles, it is planned to create 444 jobs. Among the projects of SEZ residents are the processing of flax and cotton into biofiber, production of sorbents and fertilizers.
"The SEZ mechanism turns 20 years old this year, during this time they have become one of the key drivers of development of territories, where key projects in industry, science, logistics are being implemented, growth points in tourism are being formed - conditions are being created to fulfill the economic objectives set by the President. Over 1.3 thousand unique projects with an investment portfolio of 6.6 trillion and plans to create 177 thousand jobs are in the active stage of implementation. According to the results of 2024, we see a record demand for special zones among businesses, 230 new residents and 1.2 trillion in investments for the year alone. In the previous record-breaking year of 2023, there were 188 new residents and 636 billion in investments. We have gained serious pace, which cannot be slowed down," said Alexander Novak.