Investment strategy

The Republic of Mordovia is the region of innovative development and sustainable growth.

Mission of investment strategy of the Republic of Mordovia – creating the prerequisites for sustainable development through the ensuring a favorable investment climate and increasing of an innovative activity in the region.

The aims of Investment strategy are:

improvement of investment attractiveness of the region for both national and foreign investors;
increase in investment activity in the region by using internal and external investment resources;
development of innovation clusters and competitiveness between the existing industries through effective use of involved investment resources;
development of human capital and improvement of living standards in the region as well as the quality of life;
sustainable development of the territories in the Republic of Mordovia.

AIMS AND GOALS OF THE INVESTMENT STRATEGY OF THE REPUBLIC OF MORDOVIA:

1. Improvement of investment attractiveness of the region for both national and foreign investors; eliminating of administrative barriers to development;

elimination of administrative barriers to development;
available infrastructure for investors to place industrial and other facilities;
improvement of governmental financial, property, organizational, informational and methodological support of investments;
development of image policy in the region, establishment of a regional branding system.

2. Increase in investment activity in the region by using internal and external investment resources

development of public-private partnerships;
involvement of resources from the Federal and international development funds;
establishment and development of special economic zones and industrial parks;
development of the inter-regional cooperation;
Involvement of the resources of the Federal budget in order to create a modern infrastructure (within the framework of major international events).

3. Development of innovation clusters and competitiveness between the existing industries through effective use of involved investment resources;

Establishment and development of new innovative enterprises;
innovative development of existing enterprises;
active involvement of the regional scientific and educational institutions to development and implementation of investment projects;
development of competitive environment in the region;
creating new competitive products in attractive segments of the clusters;
support for export-oriented sectors and industries;
development of small and medium enterprises.

4. Development of human capital and improvement of living standards in the region as well as the quality of life

creating conditions for the development of human capital;
available social benefits for all categories of population, including housing construction and high quality housing-utility services;
favorable institutional environment for the implementation of economically and socially efficient policy of labor and employment;
improvement in quality of human capital, personnel training for investment projects implementation which are key for economic development of the Republic of Mordovia;
establishment of effective mechanisms for personnel training and retraining in accordance with the needs of high-tech and innovative industries.

5. Sustainable development of the territories in the Republic of Mordovia.

efficient use of the territories’ potential in the Republic of Mordovia;
improvement of infrastructural sufficiency of territories;
reduction of disproportions in economic and social development of territories in the Republic of Mordovia;
sound environmental management and favorable environment.

Investment strategy (Download)