RYAZAN REGION RENOVATES A SYSTEM OF INTERACTION WITH INVESTORS

On February 15, the mechanisms for cooperation between organizations and administrative departments of the Ryazan Regionin the process of interaction with investors have been discussed at a meeting of the regional Center for improving investment and business rapport.

The planned changes will increase the standards of service and facilitate entry of investors into the region, from preliminary discussions of investment initiatives at the level of the regional Government and the Regional Development Corporation, to the actual implementation of the project. The focus is made on the most efficient, effective and high-quality project support.

The meeting was chaired by Artem Nikitin, Deputy Chairman of the Government of the Ryazan Region, who is also head of the Center. He said that an Investment Committee has been established, within the framework of measures,in order to introduce a new regional investment standard. It will be headed by the Governor of the Ryazan Region Nikolay Lyubimov, and strategic decisions will be made to create favorable conditions for investment activities, to protect the rights and legitimate interests of investors, and to solve organizational issues that may arise at all stages of project implementation.

Deputy Chairman Artem Nikitin requested the Development Corporation to prepare a unified roadmap template and create an integrated information system for supporting investors; this will allow prompt resolution of all issues that may impede implementation of investment projects in the territory of the Ryazan Region. Among others, these principles will be applied tothe development of industrial infrastructure. Today, our region is definitely a nation-wide leader in this direction.