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Investment strategy

The Republic of Mordovia is the region of innovative development and sustainable growth.

Mission of investment strategy of the Republic of Mordovia – creating the prerequisites for sustainable development through the ensuring a favorable investment climate and increasing of an innovative activity in the region.

The aims of Investment strategy are:

  • improvement of investment attractiveness of the region for both national and foreign investors;
  • increase in investment activity in the region by using internal and external investment resources;
  • development of innovation clusters and competitiveness between the existing industries through effective use of involved investment resources;
  • development of human capital and improvement of living standards in the region as well as the quality of life;
  • sustainable development of the territories in the Republic of Mordovia.

AIMS AND GOALS OF THE INVESTMENT STRATEGY OF THE REPUBLIC OF MORDOVIA:

1. Improvement of investment attractiveness of the region for both national and foreign investors; eliminating of administrative barriers to development;
  • elimination of administrative barriers to development; 
  • available infrastructure for investors to place industrial and other facilities; 
  •  improvement of governmental financial,  property, organizational, informational and methodological support of investments;
  • development of image policy in the region, establishment of a regional branding system.
2. Increase in investment activity in the region by using internal and external investment resources
  • development of public-private partnerships;
  • involvement of resources from the Federal and international development funds;
  • establishment and development of special economic zones and industrial parks;
  • development of the inter-regional cooperation;
  • Involvement of the resources of the Federal budget in order to create a modern infrastructure (within the framework of major international events).
3. Development of innovation clusters and competitiveness between the existing industries through effective use of involved investment resources;
  • Establishment and development of new innovative enterprises;
  • innovative development of existing enterprises;
  • active involvement of the regional scientific and educational institutions to development and implementation of investment projects;
  • development of competitive environment in the region;
  • creating new competitive products in attractive segments of the clusters;
  • support for export-oriented sectors and industries;
  • development of small and medium enterprises.
4. Development of human capital and improvement of living standards in the region as well as the quality of life
  • creating conditions for the development of human capital;
  • available social benefits for all categories of population, including housing construction and high quality housing-utility services;
  • favorable institutional environment for the implementation of economically and socially efficient policy of labor and employment;
  • improvement in quality of human capital, personnel training for investment projects implementation which are key for  economic development of the Republic of Mordovia;
  • establishment of effective mechanisms for personnel training and retraining in accordance with the needs of high-tech and innovative industries.
5. Sustainable development of the territories in the Republic of Mordovia.
  • efficient use of the territories’ potential in the Republic of Mordovia;
  • improvement of infrastructural sufficiency of territories;
  • reduction of disproportions in economic and social development of territories in the Republic of Mordovia;
  • sound environmental management and favorable environment.

Investment strategy (Download)