Private sites can now be placed on the investment map of Russia

Legal entities and individuals can now place their sites for rent or sale on the investment map of Russia.

This was reported by Murat Kerefov, Deputy Minister of Economic Development of the Russian Federation, at the session "Development of Southern Russia: Investments in Quality," which took place as part of the Caucasus Investment Forum.

"Today, the map has the possibility for private individuals to place investment sites. These can be both premises for small businesses and land plots for construction and agricultural activities. Within a couple of weeks, regional administrations will begin reviewing applications, and by August, they can be rented or purchased," said Murat Kerefov.

The RF investment map was launched at the end of February this year. During this time, more than 16 thousand investment sites have been listed on it. And just in the last month, 130 sites were realized here. Half were sold for 1.6 billion rubles, and the other half were leased, generating a monthly income for regional and local budgets of 14 million rubles.

On the map, one can qualitatively assess the business environment of a future project: markets, preferential regimes, availability of natural resources and infrastructure—from road surfaces to mobile communication. If the necessary connections are absent, the conditions for technical connection are indicated on the site cards. It is possible to select sites in different regions and compare them, as well as receive information about key macroeconomic indicators of Russian regions that may affect project implementation. All this allows for the assessment of project costs and the selection of measures of state support.

Previously, the Ministry of Economic Development developed a portal for investment project support measures. There are a total of 30 measures on the site, including credit assistance, preferential regimes, and tax and tariff benefits.