The Krasnodar Region is among the leaders in the national investment climate in 2024, taking sixth place along with the Kaluga Region, experts from the Agency for Strategic Initiatives reported on June 7 at the XXVII International Economic Forum in San Petersburg.
The rating, which assesses the regions’ business environment and investment potential, is based on 70 indicators in four key areas. This study identifies regional best practices and evaluates government efforts to create an enabling environment for doing business.
“The ASI rating reflects how companies themselves evaluate the efforts of regional authorities and allows us to determine directions for further development”– highlighted the president of the Public Chamber of the region, Lyubov Popova.
The regional administration and its investment organizations actively use the results of the rating to dialogue with investors and improve conditions for doing business. This allows you to more accurately determine the needs of investors and overcome emerging difficulties.
“The regional investment standard contributes greatly to attracting investors”“” Popova noted, noting that the regional investment department successfully communicates with companies, providing a complete picture of the region.
The financial director of the Kuban cardboard factory also highlighted the attractiveness of the Krasnodar region, especially highlighting the favorable location of production due to the favorable demographic situation and the region’s role in labor migration. “There is everything here for the implementation of investment projects: people, consumption and demand”“he said, expressing hope that the volume of support for businesses will remain at a high level.
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Source: Rossa Primavera
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