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public and Poland. Goods worth $ 22.1 billion were exported, which is 74% higher than previous years. Imports increased by 75% and totaled $ 5.0 billion. Human capital plays a crucial role in the economic prosperity of Tatarstan. According to 2013 statistics, the economically active population is 2.05 million people (53.7% of the total population) and the average monthly salary is RUB 26,012 (749 USD). Unemployment rate in 2013 was just below 4%.
World-class investment infrastructures Tatarstan has taken a number of steps to raise awareness of its brand internationally and improve its investment climate. By creating a rock-solid regulatory framework, the Republic has passed a series of laws and cabinet resolutions enhancing legal protection that Russian law already provides to foreign financial holdings. At the same time, Tatarstan Government has set out on a plan to diversify and modernize its economy. Simultaneously, the Republic focused on building the necessary infrastructure to support an increased flow of foreign capital. A wide range of industrial, business and high tech parks spread in the Republic make entering the market to foreign investors hassle-free. Tax benefits, free customs zone are just few of the advantages. Among the most important parks: The Alabuga Special Economic Zone (SEZ) for industrial production within the Elabuga municipality, established in 2005. One of the most effective examples of public-private partnership in Tatarstan, playing a leading role among Tatarstan’s development institutions. It serves as centre of attracting foreign and domestic investors and carrying out promising high-tech projects. Alabuga SEZ residents include major Russian and international companies. Specifically, investment projects in the medicine & pharmaceuticals sector include the construction of a plant for the production of pharmaceuticals and other consumables where the production of sterilized medical materials (infusion solutions) conforming to international standards (GMP) will be organized. The total budget for the project comes to RUB 7.5 million. Also, the creation of a facility for the production of ointments will be another investment with an overall project budged of 7.5 millions RUB. All essential industrial infrastructure is already in place at the Alabuga SEZ, also the “one-window” system combines the offices of 16 regulatory agencies under one roof within the SEZ’s administrative and business centre, letting residents interact with governmental authorities without leaving the SEZ. Kazan Smart City a groundbreaking urban development project of the Government of the Republic of Tatarstan designed to spur investment into high technology, medicine, education and tourism attracting major multinational companies, transforming Tatarstan’s capital into an international business hub with ideal conditions for working and living. The medical cluster will cultivate an ecosystem of cutting-edge medicine and innovation
in the private sector through internationally operated teaching hospitals, diagnostic and research centers, a medical techno park and medical equipment and biomedical manufacturing. It will focus on establishing a center of excellence in education, research, manufacturing and care.The establishment of the medical cluster comes as the Russian Federation has launched a strategic initiative to encourage the localization of the production of medical products within the country, providing an excellent platform for foreign companies that need to meet these requirements. Russia has a growing pharmaceutical market which is fueled by both rising purchasing power of the people and aging population. The volume of the demand for medicine products will double within the next 10 years from the current 21 billion to 45 billion USD (estimated). Moreover, Russia has launched a strategic initiative designed to encourage the localization of production into Russia.
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Focus on Tatarstan
The Innopolis Innovation Centre (still under construction) is a project of a new city in Russia, specializing in IT business and training, bringing together young, highly qualified specialists from all over Russia to help in the development of innovation projects.
Healthcare, a general overview Tatarstan’s medical institutions provide increasingly high quality medical treatment and diagnostic services.The republic is always introducing new state-of-the-art medical technologies, diagnostics methods, and hi-tech medical support systems, including transplants of human organs and tissues. There are just over 124 hospitals, 163 polyclinics, 6 dispensaries, 201 independent outpatient facilities, 15 dental clinics, 5 preventive medical centers and 18,000 doctors in Tatarstan. According to the Ministry of Public Health and Social Development of the Russian Federation, the republic has a highly effective system of public health services and is named the best as far as medical aid is concerned. According to the Ministry of Regional Development of the Russian Federation, 45.5 % of the population in Tatarstan is satisfied with the quality of medical aid and it is one of the best indicators in the Russian Federation (average across the Russian Federation being 33 %). The capital Kazan has entered the top three Russian cities ranking, where most residents are fully satisfied with medical service. According to a research of the Sociology Department of Financial University under the Government of the Russian Federation, 11 % of Kazan residents had to seek medical care in another region. 17 % (the lowest among other Russian cities) of the population had occasion to sue a doctor or a medical facility for negligence, errors and other omissions. At the same time, every fourth resident of Kazan is repeatedly faced with the unavailability of medicines due to their high cost.
23 Infomedix International | 3 2015