The main goal of the regional investment policy is to create the most favorable conditions for starting and doing business, as well as the introduction of an effective system for attracting investment and supporting the projects.
Our investment strategy clearly determines the priorities for regional development:
— investment infrastructure expansion;
— comprehensive support for business in the Republic of Altai, local businesses included;
— attracting investment flows to high-tech industries;
— creating clusters in the main economic sectors;
— accelerate the creation of high-performance workplaces;
— informational support and of investment activity and provision of qualified personnel.
The industries we particularly focus on include tourism, agriculture, food processing, biopharmaceuticals and spa vacation.
We count on your cooperation, which I am sure will be mutually beneficial. Improving the investment climate in the Republic of Altai is impossible without the participation of the business community. Working together, we will surely achieve tangible and sustainable results.
Distance to Moscow
Moscow—Gorno-Altaysk — 4 hours 30 minutes
0.21 million people
1.90% english speaking population
Area of the Region
92,9 thousand sq km
Gross Regional Product₽ 33,09 billion₽ 156,83 thousand per person
Foreign Direct Investment$ 0 million$ 0 per person
Fixed investment₽ 13,79 million₽ 64 843 per person
Unemployment rate10,40 %
Percentage of profitable companies70,90 %
Average cost of living₽ 8 175
Average monthly wage₽ 22 598
Geographical location and climate
61,1 K people
|Sunny days||Average annual rainfall|
|Average January temperature||Average July temperature|
|Agricultural period||Snow cover duration|
|5 months||5 months|
- 308 tonnes
- 50 million tonnes
- 140 thousand tonnes
- 134.5 million tonnes
- Brown coal
- 39 million tonnes
Water resources More than 20,000 watercourses with the combined length of more than 60 thousand km. The region has about 30% of the Western Siberia hydropower potential. The total length of 12,209 large and small mountain rivers is 42,277 km. There are about 7 thousand lakes in the region with the combined area of 700 sq. km. Huge reserves of fresh water are contained in the Altai glaciers.
Forest resources Forests cover an area of about 40 sq. km and are estimated to contain 700 million cubic meters of timber, including 600 million cubic meters of softwood. Overall forest cover is 43%. Especially valuable are the pine forests, covering an area of 125 million hectares. Mature and overmature forests amount to about 300 million cubic meters of timber.