2019 year
2019 year

The Republic of Kalmykia is a part of the Southern Federal District and the Southern Macroregion and is located in the extreme south-east of the European part of Russia.

Kalmykia is characterized by a multicultural economy with a predominance of agriculture.

The transport system of the republic includes road, rail, and air transport.

The dominant economic activities of the region are:

  • agriculture;
  • transport;
  • industry;
  • hunting, fishing and fish farming;
  • wholesale and retail trade;
  • construction;
  • public administration and military security;
  • social security;
  • activities in the field of health and social services;
  • education.

The Republic of Kalmykia has developed a Strategy for the socio-economic development of the Republic of Kalmykia for the period up to 2030. The draft Strategy-2030 defines priority areas of development in order to create a favorable environment for human life and activity and the development of entrepreneurship.

The main factors of investment attractiveness of the Republic of Kalmykia include:

  • favorable geographical location;

  • resource potential, including renewable energy resources;

  • the uniqueness of the landscape, the availability of recreational resources for the development of specialized types of tourism, the unique ethno-cultural potential;

  • the availability of an educational complex that can meet the needs of the economy in highly qualified personnel;

  • accumulated agropotential.

Head of the Region
Batu Khasikov
Head of the Republic
Official website of the Region