Results of the National rating of investment attractiveness were discussed in Moscow

Today, representatives of the Ministry of Economy of the Republic of Tatarstan took part in the seminar “Agency for Strategic Initiatives to Promote New Projects” (ASI), dedicated to presentation and discussion of results of the National Rating of the Investment Climate in the Constituent Entities of the Russian Federation.

The seminar discussed the rating methodology and further steps to improve the investment climate in the Russian Federation. Also during the event, the ASI projects were considered: the Smarteka platform, the work of Boiling Points in the regions, the All-Russian competition of best practices and initiatives for the socio-economic development of the regions and support for the staffing of industrial growth.

For the fifth year in a row, Tatarstan is among the top three leaders in the National Rating of the Investment Climate Status in the Regions of the Russian Federation. Including three times the republic occupied the first line of the rating. The share of investment in the GRP of Tatarstan over the past 10 years on average annually exceeded 30%, which is consistently above the average Russian level.

In 2018, the Tatarstan government did a great job of improving investment attractiveness. Special attention was paid to feedback and adjustment of work on its basis. According to the rating results, Tatarstan was recognized as the best among the regions of the Russian Federation and lost 0.3 points to Moscow. The assessment took into account the level of support for small businesses, the development of business institutions, infrastructure and resources, as well as the regulatory environment.

The national rating of the investment climate in the regions of the Russian Federation is a strategic initiative implemented since 2014. It is aimed at creating an objective system for assessing the investment climate in the regions, encouraging competition for the quality of investment climate at the regional level and ensuring the exchange of best practices. The national rating assesses the efforts of regional authorities to create a favorable business environment and identifies best practices. The assessment is carried out on 44 indicators and 4 areas: the regulatory environment, business institutions, infrastructure and resources, small business support.