Elements of the regional investment standard will be consolidated at the federal level

The Regional Investment Standard is a project of the Ministry of Economic Development of the Russian Federation. It is a set of basic tools for interaction with investors and systematization of work on attracting investments in the territory. The main objectives of the implementation of RIS are the formation of a universal investment ecosystem in each region, the creation of a clear algorithm of investor actions for the placement of production facilities.

RICE was introduced in the Krasnoyarsk Territory in 2023. There are: a specialized organization for working with investors – the Yenisei Siberia Development Corporation; an investment committee chaired by the governor of the region; an investment portal with information on the resource base, support measures, investment proposals and investment sites. An investment declaration and a set of investment rules have also been developed. The new bill will consolidate these elements at the federal level and define a unified approach to their use. In addition, monitoring of the quality of RICE sales will be established with the participation of both government agencies and public associations of entrepreneurs.

The adoption of the bill will allow the regions of Russia to build systematic work with investors, create equal conditions for all participants in the investment process and stimulate the inflow of investments into the economy.