Business programme

Assessing the Business Environment, Investment Climate, and Investment Potential of the Constituent Entities of the Russian Federation

17 Jun , 10:00–11:15
The Russian Economy: New Objectives and Horizons
Presenting the Results of the Russian Regional Investment Climate Index

The current economic transformation that we are witnessing in the permanent alienation of many traditional supply chains and a need to fundamentally re-examine markets has served as a catalyst for change in business and government values. An ability to employ effective new approaches to solve existing and future problems facing investment development within the territories is taking on an ever more systemic importance. The importance of a regional team’s actions increases exponentially, and the speed of exchange of best management practices between regions takes on a vital importance in the growth of the economy and the well-being of the country as a whole. The new investment standard enshrines the basic managerial and infrastructural minimums required in the constituent entities if the lagging regions hope to significantly improve their work with investors. Results of the National Rating of the Investment Climate in the Constituent Entities of the Russian Federation (hereinafter referred to as the National Rating) will be presented at the St. Petersburg International Economic Forum for the 8th time and serve as a tool for seeking out best practices. Accurate assessment of the investment potential of a particular region, which is conditioned by geographical and demographic characteristics critical for making an investment decision, has also become an important element of the best practices exchange. Which regions have improved their position in the National Ranking, and what practices have got them where they are? What factors determine the investment attractiveness of a region? What are the necessary minimum conditions for regions to attract investment (New Investment Standard)? Which industries look the most attractive in terms of investment? Which regions would do well to focus on the development of these industries?