Kuzmina E.V. Investment Environment Improvement of Regional Agro-Industrial Complex
Emma V. Kuzmina
Volgograd State University, Volgograd, Russian Federation
Abstract. In the current conditions of aggravating the geopolitical situation, tightening of foreign economic sanctions, growth of currency volatility and the pandemic of coronavirus, the development of any branch of the economy and the region is impossible without the development of a balanced system of support measures at the macro level. The article analyses objective conditions and management factors of the formation of a favorable investment environment in order to ensure the sustainable development of the regional agro-industrial complex. The definition of the investment environment of the agro-industrial complex of the region is given. The assessment of trends in the investment attractiveness and investment climate of the regions of the Southern Federal District was carried out. The focus of modern approaches to the assessment of investment attractiveness is given which is based on factors of social and environmental responsibility and they are reflected and the ESG-rating of regions. Based on the analysis of investments and investment projects in the regions of the Southern Federal District, regions with a high share of investment projects in the agro-industrial sector were identified. The tools and mechanisms for the development of investment attractiveness of the agro-industrial complex at the regional level are systematized. The main financial and non-financial methods of state support of enterprises of the agro-industrial complex of the region were analyzed: preferential lending, provision of subsidies for reimbursement of part of incurred costs, preferential leasing, provision of grants, information support, reduction of administrative barriers, establishment of consulting centers and others. It is shown that in the conditions of tightening foreign economic sanctions, regional levels of government are developing a set of measures as part of the general strategy of the Government of the Russian Federation to maintain the stability of industry markets in the regions. Based on the assessment of agro-industrial development trends, the key factors for the success of the industry and enterprises were identified. The conducted systematization of risks in the field of agroindustrial production made it possible to suggest a system of methods for managing them from the perspective of improvement
the investment of environment of the agro-industrial complex.
Key words: investment potential, investment risk, agro-industrial complex, sustainable development, project, state support measures.
Citation. Kuzmina E.V., 2022. Investment Environment Improvement of Regional Agro-Industrial Complex. Regionalnaya ekonomika. Yug Rossii [Regional Economy. South of Russia], vol. 10, no. 3, pp. 180-188. (in Russian). DOI: https://doi.org/10.15688/re.volsu.2022.3.17
Attachments: /eng/contacts/5_Kuzmina.pmd.pdf