MORE THAN 15,000 SITES FOR PRODUCTION: MINISTRY OF ECONOMIC DEVELOPMENT PRESENTED THE INVESTMENT MAP OF RUSSIA
The Ministry of Economic Development of Russia has developed an investment map of Russia. It is already operational and available to both Russian and foreign entrepreneurs and investors. This was announced by the Minister of Economic Development, Maxim Reshetnikov, during the plenary session of the Entrepreneurship Day at the Russia forum-exhibition at VDNKh.
The platform is based on data from the investment maps of the constituent entities of the Russian Federation, which were developed during the implementation of the regional investment standard under the guidance of First Deputy Prime Minister Andrey Belousov.
“The investment map of Russia will help strengthen investment efforts in the regions. It was developed with the Moscow Government and launched at the beginning of the month. For businesses, this is an opportunity to choose a land plot for any project: from opening a cafe to building a large industrial plant. The map includes data on more than 15,000 investment sites: their sizes, equipment and available support measures,” Maxim Reshetnikov said.
The map was developed in response to business requests and has already been appreciated by representatives of Delovaya Rossiya, the Russian Union of Industrialists and Entrepreneurs, and the Chamber of Commerce and Industry of the Russian Federation. The regular updating and maintenance of the investment map are ensured by regional executive authorities and investment development agencies. The map already features ready-made industrial sites, land plots for construction and agriculture, and premises for small businesses.
It is possible to evaluate the business environment of a future project, including markets, preferential regimes, the availability of mineral resources, and infrastructure-ranging from road surfaces to cellular communication. If necessary connections are missing, the site cards specify the conditions for technical connection.
The map allows for searching sites in different regions and comparing their potential. It includes information on key macroeconomic indicators of Russia's regions, which can impact the implementation of a project. All this enables the evaluation of project costs and the selection of government support measures.
Previously, the Ministry of Economic Development developed a portal for investment project support measures. In 2023, it was used by more than 80,000 unique users. New support measures have also been introduced, totaling 30, including assistance with financing, preferential regimes, tax and tariff benefits.