Tatarstan is one of the most economically developed regions in Russia. Republic is located in the center of large industrial region of the Russian Federation at the crossing of important highways connecting East and West, North and South of the country. The Republic of Tatarstan is rich in natural resources, powerful and diversified industry, high intellectual potential and qualified human resources.
2,2 % of Russia’s farmlands are used by the Republic of Tatarstan, 4,5% of the country’s agricultural produce are manufactured in republic.
The share of industry in the Tatarstan gross regional product is 43,2%, construction – 9,0%, transport and communications – 6,5%, agriculture – 7,5%.
The industrial sector of republic is presented by the oil-gas-chemical complex (oil production, manufacturing of synthetic rubber, tyres, polyethylene, and wide range of oil refinery products), major engineering enterprises manufacturing competitive products (heavy trucks, helicopters, aircrafts, aircraft engines, compressors, oil-gas-pumping equipment, river and sea vessels, commercial and motor cars), development of electric and radio instrument engineering.
The share of small and medium-size business in gross regional product makes 25 %.
Technoparks are actively developing in the Republic of Tatarstan. ZAO “Innovative-production technopark “Idea”, industrial site KIP “Master”, IT-park, Technopolis “Himgard” are efficiently operating. The special economic zone of industrial-production type “Alabuga” was founded at the end of 2005. Currently there are 56 residents on its territory.