Arkhangelsk Region – Economic and investment potential

For and on behalf on the Government of the Arkhangelsk Region the Trade Representation of the Russian Federation in Sweden invites you to learn more about Arkhangelsk Region and it’s Economic and Investment potential.

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Ulyanovsk Region. Competitive advantages.

The Ulyanovsk Region is a region with a rich history and great prospects of economic development, one of the leaders of the Volga Federal District in terms of growth and foreign investments. Compared to other regions of Russia it has a number of important competitive advantages:

1. An advantageous geographical location in the heart of the European part of Russia and developed transport infrastructure, including two airports, which can accept any type of aircraft. In 2009 Ulyanovsk is completing the construction of a new bridge over the River Volga, one of the largest bridges in Europe. Together with the port special economic zone «Volga Avia» it will transfer Ulyanovsk into an important inter-regional logistics center.
2. Rapid development of engineering infrastructure. We have solved the problems of reconstruction of the main «Gas artery» of the region and the construction of additional gas pipeline, which will not only fully meet the needs of existing and future enterprises in heat and electricity, but also provide the necessary reserves for 10-15 years ahead.
3. A considerable industrial, scientific and innovative potential of the region, which is one of the largest industrial, scientific, educational and cultural centers of the Volga region.
4. The main thing – the Ulyanovsk Government has worked out the necessary legislation and effective system of state support of investment projects. It has passed legislation providing the investors with significant redemptions on the major taxes – on property, land and income. There has been established a mortgage fund formed from among the objects of the regional property for the investors to ensure their bank loans. Relatively new type of investor support is subsidizing the cost of stuff training.
5. Another important measure is preparing the available industrial sites and providing them with all the necessary engineering communications within the boundaries of the site. We have recently created the first such site – an industrial zone «Zavolzhie». In 2009 we are completing another industrial zone in Novoulyanovsk.

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