Investment standard

The Standard of executive authorities activities on the provision of favorable investment climate (Regional investment standard) – is ANO «Agency for Strategic Initiatives to Promote New Projects» (here in after - ASI) key project on the creation of favorable conditions for business operations in the subjects of the Russian Federation. The standard includes 15 best investment practices used by the most economically successful regions. Among key practices there is availability of investment strategyin the region, annually updated plan for the creation of investment facilities and infrastructure in the region, availability of the board for the improvement of investment climate in the region.The availability of investment strategy in the region, annually updated plan for the creation of investment and infrastructure facilities in the region, availability of the board for the improvement of investment climate in the region are among key practices.

The Investment standard – is a set of requirements, successful implementation of which will increase the flow of investments to regions and form the infrastructure of effective communication between business and local authorities.

Legal basis for Standard implementation

As on April 2013 the procedure for the implementation of the Regional investment standard is completed.