Ministry of Economy of the Republic of Tatarstan

Rustam Minnikhanov: “Development of small and medium-size entrepreneurship is impossible without providing necessary conditions in every city and region”

3 February 2014, Monday

On February 5 at a joint session of Tatarstan Ministry of Industry and Trade and Ministry of Economy Tatarstan President Rustam Minnikhanov said that development of small and medium-size entrepreneurship is impossible without providing necessary conditions in every city and region.

The session "Innovative development of enterprises - the basis of competitive growth of regional economy" was held at International Information Centre (Universiade Village, Kazan) and broadcast online on the official Government Portal (http://prav.tatarstan.ru/).

Tatarstan Prime Minister Ildar Khalikov, deputies of State Duma, members of the Federation Council of Russian Federal Assembly, employees of ministries and agencies, Tatarstan enterprises, Director of the Department for special economic zones and projects of regional development of Russian Ministry of economic development Andrey Sokolov, and Director of the Department for development of small and medium-size entrepreneurship Natalia Larionova took part in the event.

Speaking at the session, Rustam Minnikhanov said that the share of small and medium-size entrepreneurship in GRP makes only 25 per cent instead of planned 34 per cent. He suggested introducing the standard of local self-government for creating favourable investment climate.

Rustam Minnikhanov focused on development of infrastructure sites in the republic, noting that there are 10 industrial sites in Tatarstan now. In particular, he mentioned special economic zone “Innopolis”, industrial park “Chistopol”, Kama industrial park “Master”, technopolis “Himgrad”, high technology park “IT park”.

“Oil industry is the basis of Tatarstan economy. We have to produce not less than 32 mln tons of oil. We are also developing bitumen production, and we have to produce 800 thousand tons. Another perspective area is production of shale oil,” Rustam Minnikhanov said.

Speaking about “growth points”, Rustam Minnikhanov pointed out oil processing and petrochemistry, and engineering.

Summing up, Rustam Minnikhanov thanked heads and employees of enterprises, who achieved certain economic results, and presented several state awards of the Republic of Tatarstan.

Tatarstan President's Press Office

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