Tatarstan is a major investment hub for Türkiye in Russia, attracting a third of all Turkish investments in the country, said Marina Epifanceva, the Deputy Chief Executive of the Tatarstan Investment Development Agency.
Tatarstan stands out as one of Türkiye’s largest investment destinations in Russia, Epifanceva told Anadolu on the sidelines of the 28th annual World Investment Conference (WIC) in Saudi Arabia’s capital Riyadh.
‘From industrial plants to real estate, retail, and hotel developments, Turkish companies play a key role in our region,’ Epifanceva said.
‘These investments not only contribute to economic growth but also strengthen the bonds of friendship between our two nations,’ she added.
Epifanceva emphasized the importance of Tatarstan’s annual international forums, noting their role as a bridge for Turkish businesses.
‘The Russia-Islamic World Forum and the Russia Halal Expo present significant opportunities for Turkish businesses,’ as those events enhance both economic and cultural collaboration, she said.
‘Additionally, direct flights between Kazan and Istanbul make trade and tourism more accessible,’ she explained.
Epifanceva also provided insights into the Alabuga and Innopolis free economic zones in Tatarstan, which are attractive for foreign investors.
‘These two special economic zones offer the best legal and economic incentives for investors,’ she said and added, ‘Turkish companies are already operating successfully in these areas, creating a solid foundation for new investors to explore opportunities and understand the local market. Our goal is to support Turkish businesses and grow together.’
She also highlighted Tatarstan’s diplomatic role as a hub for international cooperation: ‘Tatarstan stands out as a neutral and inclusive diplomatic platform. Our experience hosting global events, such as the BRICS Summit, demonstrates that the region is ideal for international negotiations.’
‘We invite the Turkish business community to leverage Tatarstan’s potential in this regard,’ she said.
The WIC officially began on Monday in Riyadh. Organized by the World Association of Investment Promotion Agencies (WAIPA) and Invest Saudi, the conference will continue until November 27 and spotlight digital transformation, sustainable growth, and expanding investment opportunities.
