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The investment standard of ASI

The Standard of Activities to be Held by the Executive Authorities of a Constituent Unit of the Russian Federation aimed at Ensuring a Favourable Investment Climate in the Region is the key project of the Agency for Strategic Initiatives (ASI) on ensuring a favourable conditions for business activities in the regions. The Standard includes 15 best investment practices used by the most economically successful regions
 
The Standard includes 15 basic requirements:
  1. Approval by the higher bodies of state authority of the subject of the Russian Federation of the investment strategy of the region;
  2. Formation and annual updating of the Plan of creation of investment objects and objects of infrastructure in the region;
  3. Annual address of the Top executive of the subject of the Russian Federation “Investment climate and investment policy of the subject of the Russian Federation;
  4. Adoption of the normative legal act of the subject of the Russian Federation on the protection of investors’ rights and mechanisms of support of investment activity;
  5. Availability of the Council on the improvement of the investment climate;
  6. Availability of a specialized organization for attraction of investments and the work with investors;
  7. Availability of accessible infrastructure for placement of production and other objects of investors (industrial parks, technological parks);
  8. Availability of mechanisms of vocational training and retraining with specialization in those lines of profession which correspond to the investment strategy of the region and the investors’ requirements;
  9. Creation of a specialized bilingual Internet portal dedicated to the investment activity in the subject of the Russian Federation;
  10. Availability in the subject of the Russian Federation of a unified procedure for the support of investment projects based on one-stop shop principle;
  11. Adoption by the top executive of the subject of the Russian Federation of the investment declaration of the region;
  12. Adoption of a normative act regulating the procedure of assessment of the regulatory impact of the adopted and to be adopted normative legal acts touching upon entrepreneurial activity;
  13. Availability of the system of training, improvement and evaluation of competence of employees of the fieldspecific bodies of the state power of the subjects of the Russian Federation and specialized organizations on attraction of investments and the work with investors;
  14. Inclusion of representatives of the consumers of energy resources into the line-up of the executive body of the subject of the RF in the sphere of the State regulation of tariffs — Regional Energy Commission (REC) and setting up a collective advisory body under REC, including representatives of the business community;
  15. Availability of a channel (channels) for direct communication between investors and senior management of the subject of the Russian Federation for proactive responses to the pressing challenges occurring in the course of the investment activity.
In December, 2014 the experts of the Agency for Strategic Initiatives admitted that all requirements of the Standard had been implemented in the Novosibirsk region. At the present time the activities of the Road Map on monitoring the implementation results of the Standard of Activities to be Held by the Executive Authorities of a Constituent Unit of the Russian Federation aimed at Ensuring a Favourable Investment Climate in the Novosibirsk Region in 2016-2018 are being held.