Tatarstan signs 31 agreements at the total amount of 75 billion roubles at the SPIEF - 2019

On June 11, speaking at a meeting in the Government House of the republic, Head of Tatarstan Investment Development Agency Taliya Minullina said that Tatarstan signed 31 agreements at the total amount of 75 billion roubles at the St. Petersburg International Economic Forum.

It is clear that most of this amount, namely, 450 million US dollars covers an agreement with Haier Company on the construction of a “smart” plant, as the President of the People's Republic of China was the main guest at the St. Petersburg International Economic Forum this year,” she said.

After the launch of the “smart” plant, the corporation plans to modernize all the plants under construction, combining them into “smart” manufacturing. It means that the ultimate goal is a “smart” industrial park of 12 plants for the production of household appliances and electronics, the Head of the Agency said.

“From the point of view of investors, the St. Petersburg International Economic Forum is the most useful event held in Russia today. The concentration of Russian and international investors at this venue is really the highest,” Minullina emphasized.