Irkutsk
Ulan-Ude

Blagoveshchensk
Chita
Yakutsk

Birobidzhan
Vladivostok
Khabarovsk

Magadan
Yuzhno-Sakhalinsk

Anadyr
Petropavlovsk-
Kamchatsky
Moscow

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The second year in a row Magadan region confirms the high level of its investment attractiveness

In the second annual rating of investment attractiveness of Russian regions, conducted by the National Rating Agency (NRA), Magadan Region is included in the IC3 group (third level) - “high investment attractiveness”. This title is awarded to the region for the second time.

The NRA rating is based on statistical data, expert assessments and survey results of entrepreneurs for 2013 year and first half of the year 2014. At the same time, events and trends of the second half of 2014 were taken into account.

As noted by Irina Penyevskaya, the Minister of Economic Development, Investment Policy and Innovation of the Magadan Region, the main factors that influenced such a high rating of the region were: the availability of valuable natural resources, the intensification of efforts to attract foreign investment (primarily from Asian countries), and spread of a favorable business climate in the region.

“In 2014, we achieved considerable success in this direction by organizing the First International Magadan Investment Fair and presenting Kolyma at the First Russian-Chinese EXPO, international economic forums in Seoul, St. Petersburg and Sochi,” - emphasizes the head of the region Vladimir Pechenyi.

The Governor of the Magadan Region also notes that the region will continue taking active steps in this direction. So the regime of the Special Economic Zone was extended to 31 December 2025. At the same time, according to Vladimir Pechenogo, the regional government has already developed grandiose investment projects that will help advance the Magadan region into the macroeconomy.

"Even if they do not become the basis for the territories of advanced economic and social development in the Far East, they may be of interest to independent business structures.", - the governor believes.

Recall that today will be selected projects of the Far East, which will pilot areas of advanced development.

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