Since 2015, the Russian Regional Investment Climate Index has been presented at the St. Petersburg International Economic Forum, and since its inception, it has proven to be an effective tool for assessing efforts to make it easier to do business in Russia’s regions, and for spurring competition for investment. In 2016, 36 regional teams underwent training to acquire new skills in effective teamwork, change management, effective state governance, and best practices. Which regions achieved the most significant progress in the index this past year and what are the common characteristics of regions that have held the top rankings over the past three years? How is the business community participating in the work of the regional project teams? What are the results and prospects following implementation of the ‘Administrative Skill: The Development of Regional Teams’ programme?
Andrei Sharonov ,
Dean, Moscow School of Management SKOLKOVO
Andrei Belousov ,
Aide to the President of the Russian Federation
Svetlana Chupsheva ,
Chief Executive Officer, Agency for Strategic Initiatives
Alexander Kalinin ,
President, All-Russian Non-Governmental Organization of Small and Medium-Sized Businesses Opora Russia
Sergey Katyrin ,
President, Chamber of Commerce and Industry of the Russian Federation
Alexey Repik ,
President, Delovaya Rossiya (Business Russia)
Alexander Shokhin ,
President, Russian Union of Industrialists and Entrepreneurs (RSPP)
Our main task is to lower administrative barriers and improve the investment climate.
There is direct correlation between the index and investment per capita. These figures are built on the results of work with people and the index is built on the work of the governor in every region. The index will become an indicator for assessing the work of each governor.
Last year, we mostly emphasized the effectiveness of the federal authorities, whereas now we appreciate the considerable input made by the regional teams. The governors and heads of regional offices have really joined this work. As a result, 51 regions have improved their integrated index.
During the past two years, regulations concerning small and medium-sized business have considerably improved in Russia. Over a period of 10 months, the number of such companies increased by 500,000, according to the register of small and medium-sized business. This growth would be impossible without high-quality work in the regions.
Many departments influence the investment index in the region, so we should introduce specific KPIs to assess their activities, including improvement of their index.
Moscow business is up and running; it is diversified, adapted to all crises and is ready to overcome every hardship. For our part, we are ready to help it.
We need to change and improve the governance system, making it open for business to feel confident and protected.
We need to be able to attract investments, but we should not forget about the investment appeal of the region itself, which is crucial. When these things coincide, we enjoy the result we need.