New SEZ in Tatarstan to unite five biotech investors

Translation. Region: Russian Federal

Source: Ministry of Economic Development (Russia) – Ministry of Economic Development (Russia) –

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A new special economic zone of industrial and production type is being created in Tatarstan — "Green Valley". The agreement on the creation of the zone was concluded by the Ministry of Economic Development of Russia, the Government of Tatarstan, the executive committee of the Zainsky district and the management company "Alabuga-2. Petrochemistry".

The decision to create the SEZ was made earlier: the corresponding resolution was approved by the Russian Government. According to the document, the zone is located in the Zainsky District of Tatarstan, and the republic will invest at least 2.5 billion rubles in the development of its infrastructure until 2027. Five anchor investors joined Green Valley at the start. The total volume of planned investments is more than 15 billion rubles. All projects are being implemented in the field of biotechnology – from deep processing of industrial crops (for example, flax) to the production of biofertilizers, sorbents and biologically active additives.

"All anchor resident projects will be implemented in the field of biotechnology; in essence, we are creating a specialized cluster in Tatarstan. This will allow not only to more effectively build the economy of enterprises in the special economic zone, but also to develop technological cooperation in solving the problems of import substitution and the country's strategic sovereignty," said Deputy Minister of Economic Development of Russia Svyatoslav Sorokin.

One of the key areas is the production of modified flax fiber, which is in demand in the chemical industry and in the production of special paints and varnishes. Today, such products are produced in Russia in small quantities. In the Green Valley, their production will be organized in a full cycle – from processing raw materials to finished products. Several residents will work on this at once, building a technological chain within the site.

The zone's projects are aimed at developing the region's agro-industrial complex. Modern approaches to processing agricultural raw materials will allow Tatarstan to increase the profitability of crop and livestock production and enhance the efficiency of the industry as a whole.

Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

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