Despite the pandemic, almost a third of Russian regions were able to improve their investment attractiveness in 2021 compared to 2020. This has become a record since at least 2017, it follows from the annual assessment of the NRA (available to Izvestia).
At the same time, “resource” entities became the beneficiaries of the coronavirus crisis. 23 regions managed to raise their positions in the rating, a significant share of which are northern and Far Eastern regions (for example, Murmansk and Amur regions, Chukotka Autonomous Okrug, Yakutia, Primorsky Krai), whose economy is based on the extraction and processing of minerals.
However, non-resource regions, for example, Ingushetia and Kabardino-Balkaria, also showed positive dynamics. These North Caucasian regions managed to take a step forward by creating the minimum necessary infrastructure for investors, improving the business climate, and reducing the risks of doing business.
The regions that managed to improve their investment attractiveness also included the Altai Territory, Crimea and Sevastopol, the Volgograd and Oryol Regions, the Krasnodar Territory, North Ossetia, as well as the Bryansk and Kostroma Regions, the Jewish Autonomous Region and the Trans-Baikal Territory.
More details – in the exclusive material of Izvestia:
“Business class: every third region has improved its investment attractiveness”
Source: IZ
Jane Stock is a technology author, who has written for 24 Hours World. She writes about the latest in technology news and trends, and is always on the lookout for new and innovative ways to improve his audience’s experience.
