Omsk region has risen to 19th place in the National Rating of investment attractiveness of Russian regions.

The results of the national rating of the investment climate in the regions of Russia are presented at the St. Petersburg International Economic Forum. Omsk region took 19th place, rising in the ranking by three positions.

"In the Government of the Omsk region, the investment direction is assigned to my deputy. Because it was necessary to clearly define the center of formation of proposals and solutions. Investment rating, contrary to misconceptions, is not about the volume of investments, but about the investment climate, that is, the conditions - from business registration to operating activities. We need to work on all the indicators and understand how expert assessments add up," said the head of the region, Vitaly Khotsenko.

The rating has been formed by the Agency for Strategic Initiatives since 2014. Its results are traditionally presented at the St. Petersburg International Economic Forum. The state of the investment climate in Russia's regions is assessed by 67 indicators using both expert assessments and statistical data. Each indicator is assigned a group depending on its value. There are five groups in total – A, B, C, D, and E. Group A is the leading regions, B is the successful regions, C is the regions with average values, and E is the outsider regions. In the 2023 ranking, 85 regions are divided into 37 places.

"In the Omsk region, experts noted an improvement in 38 rating indicators compared to the previous rating, including an improvement in the position of the Omsk Region among other regions in 25 of them," the regional Ministry of Economy explains.

In particular, the Omsk Region is included in the group of leading regions in terms of the efficiency of connection to wastewater networks and the implementation of a public–private partnership mechanism. Recall that the Omsk region took the third place among Russian regions in terms of the development of public-private partnership. The business invests in the construction of social and infrastructural facilities in the Omsk region. Experts ranked the Omsk Region among the most successful regions according to a number of indicators: the time to lease land for projects, the level of assessment of the regulatory impact of regulatory legal acts on business, the assessment of consulting and educational services provided to small and medium–sized businesses, as well as the time and amount of connection to the electric grid.

The work of direct communication channels for investors, the activities of the regional organization for attracting investments and the Export Support Center were positively assessed (at the level of the best values in the rating).

At the same time, ASI experts noted the need to reduce the number of procedures for obtaining land plots for rent without bidding, improve the quality of work on registration of rights to real estate, and create industrial parks and technology parks in the Omsk region.