The Volgograd Region is located in the south-east of the East European Plain and is one of the most economically developed regions of Russia with a balanced economic structure. Diversified agriculture is combined with a diverse (multifarious) industry, oil and gas reserves. Thanks (Due) to its strong economic, scientific and human resources potential, as well as its favorable geographical location and developed infrastructure, the Volgograd Region is an attractive region for investment.The dominant economic activities of the region are:
The main objectives of the regional development strategy are:
— creating conditions for increasing the life expectancy of people;
— population growth due to increased well-being;
— reduction of the level of poverty (poverty rate) (growth of monetary incomes of the population, reduction of the share of the population with incomes below the subsistence minimum).
Achieving these goals is possible through improving the demographic situation, improving the standard of living of the population, developing social infrastructure, improving health and education systems.
It is important to implement priority national projects that will increase the economic potential of the region and the development of industrial production and energy, as well as expand the transport infrastructure and ensure the environmental safety of the region.
Factors of investment attractiveness of the region are:
— convenient geographical location;
— rich human and scientific potential;
— energy surplus of the region;
— developed agro-industrial complex;
— high resource potential.