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The Ministry of Regional Development of Russia established a working group to improve the investment attractiveness of the regions
By order of the Ministry of Regional Development of Russia dated May 8, 2014, a working group was created to improve investment attractiveness and achieve target rating indicators, headed by the Minister of Regional Development Igor Slyunyaev. The working group included officials from the Ministry of Regional Development of Russia, representatives of the Russian Investment Agency “Invest in Russia”, the Agency for Strategic Initiatives to Promote New Projects, the All-Russian public organizations “Support of Russia” and “Business Russia”, the Institute for Innovation, Infrastructure and Investments, Vnesheconombank. Deputy Minister of Regional Development Mikhail Kruk has been appointed as the deputy head of the working group.
The working group on improving investment attractiveness and achieving target rating indicators was created to fulfill the instructions of the President of the Russian Federation to increase the investment attractiveness of the constituent entities of the Russian Federation and create favorable conditions for business development.
The main tasks of the working group are to prepare proposals to improve the investment climate and to amend legal acts to improve the investment climate in the constituent entities of the Russian Federation, the press service of the Ministry of Regional Development said.