The Investment Attractiveness Phenomenon in Kaluga Oblast
O.A. OKRUZHKO
Financial University under the Government of the Russian Federation, Kaluga Branch, Chizhevskiy st., 17, Kaluga, 248018, Russia
Keywords: investments, Kaluga Oblast, public–private partnership, development institutions, industrial parks
Abstract
Over the last 15 years Kaluga Oblast has established itself among the leading regions with a favorable investment climate. Regional models of investment cooperation were highly appreciated by Russian and foreign investors. The article discusses the main advantages of the investment policy in Kaluga Oblast, as well as its priorities for the nearest future. It also describes the factors impeding the acceleration of investment. It is concluded that the experience of Kaluga Oblast can be possibly used by other Russian regions in attracting investments.
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