Since its establishment in 2011, the Tatarstan Investment Development Agency (TIDA), under the direction of Linar Yakupov, has been a roaring success. In 2012, its first full year in existence, it was instrumental in attracting FDI to Tatarstan, an autonomous republic within the Russian Federation which saw gross regional product (GRP) swell to $40bn in 2011, a phenomenal 150% increase since 2005