Decree of the President of the Republic of Tatarstan on the criteria for the provision of land for rent without tendering was signed

10 October 2019, Thursday

On October 9, 2019, in order to increase the efficiency of the mechanism for providing land for rent without tendering for the implementation of large-scale investment projects, Decree of the President of the Republic of Tatarstan R.N. Minnikhanov No. UP-611 “On Amending the Qualitative and Quantitative Indicators of the Criteria to Which Meet large-scale investment projects for the implementation of which it is allowed to provide land for rent without tendering" has been signed.

The document provides for the specification of the criteria indicators provided for by Decree of the President of the Republic of Tatarstan dated December 7, 2015 No. UP-1170 “On the establishment of qualitative and quantitative indicators of the criteria that large-scale investment projects must meet for the implementation of which land plots for rent without tendering are allowed”. The criteria indicators are also specified regarding the creation of new jobs as a result of the implementation of the investment project by the resident of the priority development area in relation to the relevant types of economic activity, the amount of capital investments of the resident of the priority development area carried out within the framework of the investment project implemented by the specified resident in relation to the relevant types of economic activity.

In addition, the adopted Decree of the President of the Republic of Tatarstan aims to optimize the process of interaction between executive authorities and legal entities (potential investors) in order to ensure the provision of measures to protect the rights of citizens - participants in shared construction, affected by the actions (inaction) of unscrupulous developers.

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