DRAFT OF INVESTMENT DECLARATION OF RYAZAN REGION PRESENTED AT REGIONAL INVESTMENT COMMITTEE

On February 22, Ryazan Governor Nikolay Lyubimov chaired the first meeting of the Regional Investment Committee, created as part of Regional Investment Standard 2.0 for strategic management and coordination of intentions of all participants in investment activities.

The head of the region drew the attention of the regional ministries to the need for fuller involvement in attracting investments. “We can only win the competition if two important conditions are met. The first is maximum availability of services for the investor. And the second one is maximum scalability of our investment methods,” he said.

Increasing attractiveness of Ryazan for investors will develop in accordance with the principles of an Investment Declaration, whose project was presented to the Governor and the Investment Committee members during this meeting. Another key position in Standard 2.0 is developing an Investment Code. It will be organized as regulations for all regional departments on how to provide services to investors and to resource-supplying organizations. The fifth key element in the structure of the Standard is an interactive "investment map," which is currently being finalized by specialists of the Development Corporation.

The participants paid special attention to the coming formation of new investment sites in our region. Deputy Chairman of the Regional Government ArtemNikitin informed his colleagues about the project under development, for construction of an agro-industrial park in the Aleksandro-Nevsky District.

Summing up the results of the meeting, the Governor noted that all issues related to supporting investment projects should be resolved "in co-operation with investors or, if necessary, leading them to appropriate solutions."