The Chelyabinsk Region is located in the Middle and Southern Urals, next to the Kurgan, Sverdlovsk, Orenburg regions, the Republic of Bashkortostan and Kazakhstan. The conventional border between Europe and Asia is drawn mainly along the watershed ridges of the Ural Mountains.
The region is one of the largest economic entities of the Russian Federation. The industrial development of the region is determined by the metallurgical, machine-building, fuel and energy, construction, agricultural and industrial complexes. Manufacturing industries (metallurgy, mechanical engineering) — the basic sector of the economy, which determines the economic specialization of the Chelyabinsk region. With the predominance of industry, the region has a developed agriculture, especially in the zone of distribution of chernozem soils. The region has rich and diverse natural resources. About 300 mineral deposits have been explored.
Federal highways and the South Ural Railway, which is a branch of the Trans-Siberian Railway, pass through the region. There are two airports in the region — one is located in Chelyabinsk, the other in Magnitogorsk. Chelyabinsk Airport has the status of an international airport and can accept all types of airliners.
The modern structure of production in the Chelyabinsk region has developed taking into account the historically strong production potential of the region, convenient geographical location and the availability of qualified personnel. The main branches of specialization of the region’s industry are metallurgical, machine-building, fuel and energy, as well as agricultural and industrial.
The strategy of socio-economic Development of the Chelyabinsk Region for the period up to 2035 was adopted by Resolution No. 1748 of the Legislative Assembly of the Chelyabinsk Region of 31.01.2019. The main goal is to increase the number, well-being, duration and quality of life of the population of the region. This goal is reflected in the 25 strategic priorities on 7 main areas of socio-economic development of the Chelyabinsk region: the development of human capital and social sphere, economic development, development of scientific innovation, environmental management and environmental security, the development of interregional and international economic relations, spatial development and public administration.
The factors of investment attractiveness of the region include: