The main components of Omsk region investment prospects:
1. SUSTAINABLE SOCIAL AND ECONOMIC POLICY
The region's economy is highly diversified and combines well-developed manufacturing sector that is focused on B2B and B2C markets, transport and communications, building industry, agriculture and trade.
The structure of the gross regional product
of Omsk region in 2014
Annually Omsk region is invested with about 100 billion rubles.
For each single ruble of budgetary investments over 5 rubles of domestic and foreign investors’ funds are attracted.
Investment structure into fixed capital stock for 2015
More than 50 major investment projects have been implemented for the past years on the territory of the region.
The ratings of independent agencies confirm the stable status of the region's economy with minimum risk to business operations.
Rating Agency "Moody's Investors Service Inc." ‒ credit rating according to the international rating scale Ba3.
Ba3 rating category reflects the relative stability of the region tax base to the influence of economic cycles, which is reflected in the less sensitivity of tax bases to the deterioration of operating environment.
Rating Agency RAEX (Expert RA) ‒ the rating of investment attractiveness is of 3B1 level.
The rating category 3B1 ‒ moderate risk for investors.
2. DEVELOPED INDUSTRIAL AND AGRICULTURAL SECTOR
Omsk region is one of the largest centers of oil refining and petrochemical industry beyond the Urals.
Regional enterprises have a considerable proportion in the all-Russian production of truck and passenger car tires, gasoline and diesel fuel.
Omsk region share in the national production
of petrochemical products
Omsk region has the enterprises with leading positions among the enterprises in the food industry on the Russian Federation national basis for the production of concentrated milk, alcoholic beverages, meat and sausage products.
Omsk region share in all-Russian food production
Food sector production capacity of the region is totally provided with agricultural raw materials of local production. Omsk region permanently comes in the 2nd and 3rd places among the regions of the Siberian Federal district in the production of grain, potatoes, vegetables, meat and milk.
Gross grain harvest (weight after processing),
3. ADVANTAGEOUS TRANSPORT AND LOGISTICS LOCATION
Omsk region is located on the crossing of transport corridors "Europe ‒ China" and "North ‒ Central Asia", which opens up new possibilities for realization of transit potential and logistics development.
- 751 km of railway lines for general use
- 1 474 km of inland waterways,
- 25 050 km of auto roads in Omsk region.
- Landing of passenger and cargo aircraft is provided by the airport of Omsk city having international status.
4. RICH NATURAL RESOURCES
47.6 per cent of Omsk region area is occupied with agricultural lands.
The advantageous combination of a long crop season, large amount of total solar radiation, annual precipitation and fertile soils create the necessary conditions for ripening a good crop of the most traditional for Omsk region crops – cereals, potatoes and vegetables.
33.1% of the territory - forests. Hardwoods are dominated with birch and aspen, softwood ‒ pine, fir trees, spruce fir and cedar.
Main natural resources:
- turf moor
- ore sands
- marsh marl
- mineral mixture
- therapeutic mud
5. AVAILABILITY OF LABOR RESOURCES
The number of labor resources of Omsk region is over 1.2 millions of people. The main workforce is concentrated in Omsk - the city with a million-plus population.
The training of specialists for the Omsk region economy is provided by 72 institutions of vocational education.
Omsk Universities have established 28 basic departments at the industrial enterprises in Omsk region.
Every year the universities and the colleges located in the region give more than 30 thousand specialists.
Average nominal accrued wages,
average for the period, rubles
More detailed information is provided in Human Resources section
6. SCIENTIFIC-TECHNICAL AND INTELLECTUAL POTENTIAL
High-tech and knowledge-intensive sectors of the economy form one-sixth of the gross regional product.
Omsk region remains one of the leaders among the regions of Siberia using modern technologies and involving expenses in technological innovation.
The number of technologies used, units
Regional innovative infrastructure includes the network of business incubators and scientific-research laboratories, technology parks, resource centers and prototyping center.
Omsk scientists and engineers are developing projects that are competitive not only in Russia but also in the international market.
7. DEVELOPED INTERNATIONAL RELATIONS
Every year the foreign trade turnover of Omsk region exceeds 1 billion of U.S. dollars. Foreign trade operations are carried out with partners in 90 distant and near foreign countries.
The share of the main countries in the foreign trade turnover
of Omsk region in 2015 (% of total)
The most active foreign trade partners of Omsk region are Kazakhstan, Belarus, Azerbaijan, China, Germany, Poland, Hungary, Finland, the USA, Turkey, Japan and Italy.
In total, the region registered more than 550 organizations with participation of foreign capital.
The organizations of foreign, joint Russian and foreign ownership in 2015 invested about 5 billion rubles into the fixed capital of Omsk region.
Direct foreign investments in the region have reached more than 20 millions of U.S. dollars.
8. WIDE SELECTION OF INVESTMENT SITES
Omsk region offers investors a wide range of land plots for the deployment of industrial facilities; utility warehouse, commercial and household objects, construction of residential properties; agricultural production and agricultural products processing.
In order to select land plots with convenience the Regional Investment Land Fund has been formed. The information about the land plots included in the Fund composition is placed on the Omsk region Investment map.
The documentation and schemes of investment sites are available on the website: www.geo.omskportal.ru
9. WIDE RANGE OF GOVERNMENT SUPPORT MEASURES
The region has created the effective infrastructure of business support, involving different sets of preferences for domestic and foreign investors.
Up to 0.01% and
Up to 1.1% of
Corporate property tax rates
Up to 13.5% corporate profit tax rate
(in terms of amounts to be transfered
to the regional budget)
Investment tax credit
(for new private entrepreneurs, applying patent
and/or simplified taxation system)
Rent of land
Administration of investment projects
at all stages of implementation
Various types of subsidies for the
subjects of small and medium businesses
and agricultural manufacturers
More detailed information is available in Supportive Measures section
10. EFFECTIVE REGIONAL DEVELOPMENT INSTITUTIONS