rating
2021 year
IC6
rating
2021 year
IC6

The Smolensk Region is located in the center of the East European Plain and is part of the Central Federal District. It borders Belarus in the south-west, west and north-west.

The region is one of the most important transport and communication hubs — 35% of Russian cargo and 75% of cargo coming from Europe to Russia passes through the region.

The dominant economic activities of the region are:

  • chemical production;
  • jewelry industry;
  • woodworking;
  • agriculture and agro-industrial complex;
  • transport and logistics;
  • tourism.

The main factors of investment attractiveness of the region include:

  • unique geographical location and developed engineering infrastructure;
  • large sales opportunities for products produced in the region, including exports to Europe;
  • prospects in the implementation of energy-intensive projects (the energy complex of the Smolensk region generates 4 times more electricity than the region consumes);
  • modern investment infrastructure: two state industrial parks, the territory of advanced socio-economic development and a Special Economic Zone.

Head of the Region
Alexey Ostrovsky
Governor
Official website of the Region
www.admin-smolensk.ru