Four investment projects were approved at the meeting of the Presidium of the Investment Council of RT

Four investment projects were approved at the meeting of the Presidium of the Investment Council of the Republic of Tatarstan.

A meeting was conducted by the President of the Republic of Tatarstan - Rustam Minnikhanov. The Minister of Economy of the Republic of Tatarstan - Artem Zdunov participated in the meeting.

Almetyevsk, Nizhnekamsk and Zelenodolsk municipal areas were connected in the vcs mode. 

The first was the project of constructing a plant for production of thermal insulation  from foam glass. The project was described by CEO of LLC “I C M Glass” (the Kaluga Region) Maxim Nikulin. Such material as foam glass is non-combustible, does not absorb moisture and is environmentally friendly. Glass scrap can be used as raw material  (the scope of consumption -  20,000 t per year). It is assumed to place the production facility on the territory of the industrial park M-7 on the plot of 2 hectares. The expected production output-150 thousand cubic meters per year.

The next project was the reconstruction and the construction of a plant for deep  processing of grain. The Director of LLC "Gran Group" Leysan Khairutdinova told that the project was expected to be located in the Almetyevsk District (the village of Novotroitskoye), previously there was a plant of Tatspirtprom there, which was closed in 2011. The new production facility is expected to produce up to 24,000 th tons of agricultural products per year. It will produce molasses maltose, feed, malt of rye, starch and other products. The project is expected to yield high returns and payback. Local raw materials will be used.

The third one was a project of constructing a plant (chemical enterprise) for production of paint materials. The enterprise may be located on the territory of OEZ Yelabuga. The field of products application - machine building, metal structures, insulation coating for materials. The payback period for the project's investments is 5 years. The CEO of LLC Donetzk Chemical Plant - Oleg Kopeiko told about the project.

Rustam Minnikhanov also proposed to arrange a presentation of the products manufactured by LLC Donetzk Chemical Plant at the regular meeting of Tatneftekhiminvestholding.

The next project - the project of establishing a joint Russian-Turkish enterprise for assembly of big nodes with further localization of feed stuff for livestock - will be located on the territory of the Kama industrial park "Master". The project may be submitted for getting the status of a resident of the Priority Social and Economic Development Area Naberezhnye Chelny.

All projects were approved by the members of the Presidium of the Investment Council of the Republic of Tatarstan. Rustam Minnikhanov underligned the importance of investment projects for the economy of the Republic.

Today, the review of investment projects pretending for lease of land plots without bidding was held in accordance with the instructions of the President of RT according to the criteria established by Decree of the President of RT (the Land Code of RT, the Decree of the President of RT of December 7, 2015, No. 1170, Decree of the Cabinet of Ministers of RT No. 1034 of December 30, 2015).

The following investment projects were presented: "Construction of a yacht club in the vicinity of the semi island Locomotive", a project for the construction of an industrial park Nizhnekamsk, investment projects for creation of the recreation and entertainment park in Kazan, and construction of open sports sites to improve the Kazan River embankment.