In Sevastopol, priorities for the development of regional investment for 2024 were outlined
First Deputy Chairman of the Government of the Russian Federation Andrei Belousov outlined to the subjects the priorities in the work on developing a regional investment standard for the next year.
Further development of the regional investment standard should go through the analysis and implementation of best practices, improving the qualifications of investment teams, improving legislation to reduce the time required to connect to networks and through the creation of a seamless client journey. Let me emphasize that the center of this activity from the Ministry of Economic Development of Russia is now moving to the regions: the created institutions should be filled with content in the subjects– the press service of the Government of Sevastopol quotes First Deputy Prime Minister Andrei Belousov.
To assess the effectiveness of a region’s work in the industry of the regional investment standard, three criteria were defined: feedback from business, the volume of attracted private investment and the subject’s position in the annual national ranking of investment attractiveness of regions.
The volume of extra-budgetary investments in fixed assets in the first half of 2023 increased in the region by almost 208 percent compared to the same period in 2022 and currently amounts to about 10 billion rubles. Direct interaction with business and business organizations was one of the factors that allowed Sevastopol to rise from 14th to 12th line in the National Investment Climate Ranking,” notes Deputy Governor of Sevastopol Maria Litovko.
Let us remind you that, according to business associations, Sevastopol was among the regions that implemented the regional investment standard in 2023. The regional standard mechanism shortens the investor’s path from the origin of an idea to its implementation and provides tools for eliminating typical barriers there.
source: press service of the Government of Sevastopol