Nizhny Novgorod Region is located in the center of the European part of Russia and is part of the Volga Federal District. The administrative center of Nizhny Novgorod was founded at the confluence of two major rivers — the Oka and the Volga.

The region is one of the largest industrial centers of the country with a high share of industry in the economy. The region is confidently among the top ten Russian regions in terms of the volume of manufactured products shipped by processing enterprises.

The dominant economic activities of the region are:

• petrochemicals;
• automotive industry;
• metallurgy;
• information technology;
• military-industrial complex.

The main strategic goal of the region is to become a new global center for the development and attraction of high-quality human capital and the realization of the creative, spiritual and intellectual potential of people.

The main factors of investment attractiveness of the Nizhny Novgorod region include:

• highly diversified economy;
• human capital;
• a powerful educational center, innovative platforms for dual education;
• developed research base in the exact sciences;
• professional environment for the rapid introduction of new medical technologies;
• high level of entrepreneurial initiative;
• access to raw materials and sales markets;
• transport and logistics potential;
• location at the intersection of international transport corridors;
• spatial development, natural resources.