One of the most important tasks of the Ministry of Economic Development of Russia is to promote investment in the Russian economy.
Pursuant the Decree of the President of the Russian Federation No. 204 of May 7, 2018 "On national goals and strategic objectives for the development of the Russian Federation for the period up to 2024" the action Plan is developed and is implementing to accelerate the growth rate of investment in fixed assets and increase their share in the gross domestic product to 25 percent, as well as to create conditions for attracting them.
The urgency of the task is due to the need for technological modernization of production, the development of innovative and competitive products on the world market, and the increase in non-resource non-energy exports. Attracting investment is also aimed at obtaining new technologies and R&D results (participation in joint R&D, obtaining rights to key results of intellectual activity and creating their own results of intellectual activity), gaining access to foreign markets, creating new high-tech jobs and improving staff skills. The result of the attracting investment task is the creation and modernization of domestic industries that are integrated into the value chain on the world market and have a scientific and technical foundation for R&D.
Particular attention is paid to creating transparent conditions for business (in terms of creating conditions for fair competition, property rights, stability of the financial and banking system, lack of administrative barriers, fair antitrust regulation), work is underway to create and maintain a positive image of the Russian Federation (including industry and infrastructure), the popularization of information both on Russian promising investment projects and on measures being implemented in the Russian Federation aimed at stimulating the implementation of investment projects to create new high-tech industries competitive products on world markets.