Azerbaijani businesses invited to construct a merchant technopolis in Tatarstan

Azerbaijan, Baku, March 22 / I.Khalilova /

Azerbaijani entrepreneurs are invited to take part in a major infrastructure project entitled 'Creation of Novaya Tura Technopolis in Tatarstan', according to an announcement of the Ministry of Economic Development published on its website.

Novaya Tura is a trade and service techno polis. This is an ambitious project that will change the structure of the wholesale supply of the Volga region and become a unique economic platform with a production and logistics agro-centre, scientific and educational centre, research laboratories, small innovative companies involved in development and the introduction and manufacturing of competitive products.

Nine billion rubles (over $291 million) will be invested in the implementation of the project. Payback period of investments in the project shall be eight years and the internal rate of return is 12.7 per cent.

The project Creation of a Novaya Tura Technopolis in Tatarstan is an anchor investment project which is part of the complex investment plan of the modernisation of Zelenodolsk mono-town, in the Republic of Tatarstan, for the period of 2011 - 2015.

According to federal law, trade in the markets without permanent structures was stopped on January 1, 2013. More than 4000 entrepreneurs have to look for a new business place.

Technopolis is located on the border of Kazan City and the Zelenodolsky municipal district. It is near the West Europe - West China highway currently under construction.

Contacts for those who want to participate in the project:

Web-site: www.new-tura.com
E-mail: [email protected]
Phone: 7843 267-61-42