Translation. Region: Russian Federal
Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.
Deputy Prime Minister Alexander Novak held a meeting of the interdepartmental working group on the creation and development of special economic zones.
It was attended by the Prime Minister of the Republic of Tatarstan Alexey Pesoshin, General Director of PJSC Tatneft named after V.D. Shashin Nail Maganov, Director of the Association of Clusters, Technology Parks and SEZs of Russia Mikhail Labudin, representatives of the Ministry of Economic Development, the Ministry of Finance, the Ministry of Industry and Trade, the Ministry of Transport, the Ministry of Internal Affairs, and the Federal Customs Service.
The participants discussed the results of the work of special economic zones in Russia and approved the creation of a new special economic zone of the industrial and production type “Green Valley” in the Republic of Tatarstan on the territory of the Zainsk municipal formation for the development of a biotechnology cluster on an area of 16.5 hectares.
“This year, the SEZ mechanism turns 20 years old. During this time, they have become one of the key drivers of development in the territories where key projects in industry, science, logistics are being implemented, growth points in tourism are being formed – conditions are being created for fulfilling the economic tasks 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 implementation stage. Based on the results of 2024, we see a record demand for special zones among businesses, 230 new residents and 1.2 trillion in investments in just one year. In the previous record year of 2023, there were 188 new residents and 636 billion in investments. Serious momentum has been gained that cannot be slowed down,” said Alexander Novak, opening the meeting.
According to the Tatarstan authorities, by 2034 the volume of investments made by residents of the new economic zone “Green Valley” will amount to over 15 billion rubles, and 444 jobs are planned to be created. The projects of the SEZ residents include processing flax and cotton into biofiber, production of sorbents and fertilizers, etc. Tatneft plans to implement two of the six SEZ projects.
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