The RAEX Federal Rating Agency has published an annual rating of investment potential of the Russian regions. The experts estimated the regions by two overall performances – the potential level and hazard rate.
The study notes that the number of regional investment risks has grown due to the COVID-19 pandemic. A comprehensive assessment shows that the integral hazard rate increased by 1.3%. In Russia, during the first half of 2020, investments decreased by 4% (rate decrease can be seen in almost half of the constituent territories).
Krasnoyarsk Region took the 5th position in the rating which was two lines up compared to the last year. Meanwhile, among the regions of the Arctic zone of Russia, the region took the first place, overtaking Yamal-Nenets autonomous district and the Republic of Sakha (Yakutia). The agency experts assigned the region a 1B rating (high potential – moderate risk). According to the experts, Krasnoyarsk Region forms more than 2.5% of the all-Russian investment potential.
Sergey Ladyzhenko, Director General of the Yenisey Siberia Development Corporation, believes that the improvement of the region’s position in the rating happened due to the dynamic implementation of the complex investment project “Yenisey Siberia”. According to Sergey Ladyzhenko, “despite the crisis, this year shows the essential dynamics in the largest projects of Yenisey Siberia CIP: state support, launching of the design work and start of the construction of key infrastructure facilities made their input. Besides, new large investors have shown their interest in the region. Therefore, the region’s high ratings are a predicted pattern.”
Cover photo: Sergey Filinin