St. Petersburg has become one of the country's leaders in terms of investment attractiveness
The National Rating Agency (NRA) summed up the results of the "XII annual assessment of the investment attractiveness of Russian regions". According to the results of the study, for the first time in ten years, two leaders were determined in the ranking - St. Petersburg and Moscow. Both regions were included in the IC1 first-level group with the highest investment attractiveness.
The results of the assessment of the regions were presented at a press conference at the Moscow International Multimedia Center of the Rossiya Segodnya media Group.
As experts noted, the result obtained in 2024 is unique – over the previous years, only Moscow received the highest assessment of investment attractiveness. This year, St. Petersburg became one of the leaders due to the positive dynamics in the industrial sector, infrastructure development and improvement of the investment climate. The results of the work on the implementation of the Regional Investment Standard are also attributed to the strengths of St. Petersburg.
The methodology of the NRA research is based on the analysis of 55 indicators grouped into seven factors and reflecting a wide range of important parameters for investors. The subjects of the Russian Federation were divided into three enlarged categories (high, medium and moderate investment attractiveness), within each of which three levels were allocated (first, second and third). The assessment of each region included a comparison of its positions with the best, worst and average values in the country for each indicator.
By regional breakdown, in 2023, the volume of investments in fixed assets increased in 64 regions of the Russian Federation, in the first half of 2024, activity increased in 71 regions.
Recall that in 2024, St. Petersburg improved its position and firmly established itself in the top five regions of the National Investment Climate Rating of the Agency for Strategic Initiatives. According to Petrostat, the volume of investments in the economy of St. Petersburg in 2023 amounted to 1.2 trillion rubles, which in comparable prices is 3.4% higher than the level of the same period in 2022. The indicator has become a record, while today the growth trend remains. In the 1st half of 2024, investments in fixed assets at comparable prices increased by 26.4% compared to the same period in 2023. By the end of 2024, in accordance with the forecast of socio-economic development of the city for 2025-2027, the volume of investments is expected to reach 1.3 trillion rubles.
For reference:
The National Rating Agency has been operating since 2002. The study "Annual assessment of the investment attractiveness of Russian regions" has been conducted since 2013.
Since September 12, 2019, the NRA has been included in the Register of Credit Rating Agencies of the Bank of Russia. Together with Lomonosov Moscow State University, the NRA created the scientific laboratory "Sustainable Development Management and ESG Transformation".