Regional Investment Standard

The Regional Investment Standard is a minimum set of documents and organizational solutions unique for each subject of the Russian Federation:

1. Investment strategy

2. Plan for the creation of investment infrastructure facilities

3. Annual message

4. Regulatory Act on the protection of investors' rights and investment support mechanisms

5. Advice on improving the investment climate

6. Organization for attracting investments and working with investors

7. Infrastructure for investors (industrial parks, technoparks)

8. Training mechanisms

9. Investment portal

10. Unified regulations for the support of investment projects on the principle of «one window»

11. Investment declaration of the region

12. Regulatory impact assessment procedure

13. Training, professional development, and competence assessment of regional team employees

14. Inclusion of energy consumers in the REC

15. Channels of direct communication with the leadership of the region

Implementation mechanism:

• Creation of a project office in the government of the region to coordinate the implementation of the Standard

• Formation of regional expert groups from among the representatives of the business community to assess the progress of the Standard implementation

• Formation of a roadmap for the Standard implementation (developed by the executive authorities of the region)

• Availability of an information system that records changes in the status of the «roadmap» points implementation

Data on the results of the Standard implementation are entered into the appropriate information system.

Evaluation and monitoring system for the Standard implementation:

• Mandatory confirmation of each item of the roadmap implementation at face-to-face meetings of expert groups with representatives of responsible REA (Russian Executive Authorities) analysis by an expert group formed from representatives of the business community of the subject of the Russian Federation;

• formal confirmation of the points of the roadmap implementation by the Ministry of Economic Development of the Russian Federation;

• receiving the final status from the ANO Agency for Strategic Initiatives for the Promotion of New Projects. The Agency acts as a platform and moderator of the expert group and the REA joint work