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The Kaliningrad region took 11th place in the National rating of the investment climate in the constituent entities of the Russian Federation

Since June 2, the XXIV St. Petersburg International Economic Forum "On the threshold of a new economic reality" (St. Petersburg) is being held.

Today (June 4) the Agency for Strategic Initiatives on the sidelines of the forum presented the results of the annual National Rating of the investment climate in the constituent entities of the Russian Federation. The leaders of the rating are: Moscow, the Republic of Tatarstan and the Tyumen region. The Kaliningrad region rose 12 positions and took 11th place together with the Republic of Crimea, Lipetsk region and the Republic of Adygea. Kaliningrad Region Development Corporation has risen in terms of B3.3. "Regional organization for attracting investments and working with investors" from group C to group A.

The head of the Agency for Strategic Initiatives Svetlana Chupsheva, anticipating the results of the investment rating, noted the key factors:
• This year the format of presentation of the ranking results has changed. More than half of the regions received results showing a slight difference in the final indicators, therefore the rating committee decided to divide the places between the subjects, the values of the integral indices of which are in the interval of statistical error (set at the level of 1.5 points).
• Most regions have improved their results by reducing the time required to complete various procedures, as well as by building direct channels of interaction between business and the leadership of the constituent entity of the Russian Federation.
• Also among the factors that had a positive impact on the business climate - indicators related to support for small and medium-sized businesses. This year, entrepreneurs noted that the process of leasing space has become more convenient, and the availability of credit resources has increased significantly.
• Another positive factor was the reduction in the level of pressure on business. Recall that last year the government made a decision on a moratorium on inspections, which also influenced the results of the rating.

The national rating evaluates the efforts of government bodies at all levels to create a comfortable environment for business. It includes four areas of assessment - the regulatory environment, infrastructure and resources, institutions for business and support for small and medium-sized businesses. Most of the rating indicators are poll, that is, the rating is formed on the basis of the opinions of entrepreneurs. The ranking was first presented at the SPIEF in 2014. The rating is compiled by ASI with the participation of the country's leading business associations.

The delegation of the Kaliningrad region under the leadership of the governor Anton Alikhanov takes an active part in the forum. The Kaliningrad Region Development Corporation is represented by its General Director Andrey Tolmachev.

Andrey Tolmachev, General Director of Kaliningrad Region Development Corporation JSC:
“2020 passed in the context of a pandemic, which left a deep imprint on business development not only in the Russian Federation, but throughout the world. The main task of the Government of the Kaliningrad region and support institutions was to provide maximum support to small and medium-sized businesses in the Kaliningrad region. The great merit of the team of the Kaliningrad region is the trust of our business in the work and their confidence in investments. "

Reference Information
Kaliningrad Region Development Corporation Joint Stock Company was established in accordance with the resolution of the Kaliningrad Region Government. The Corporation's mission is to create favorable conditions for investment and comfortable life in the Kaliningrad region. During the year, the Corporation holds dozens of meetings, negotiations, business missions to inform potential investors about the available opportunities for localizing production in the amber region.
Kaliningrad Region Development Corporation is one of the operators of the region's investment policy: the management company of the Oktyabrsky Island Special Administrative Region (SAR), the Khrabrovo and Chernyakhovsk industrial parks, forms and implements investment projects and sites in the region.

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