Belgorod's active investment policy aims to attain strategic objectives of economic modernization and industrial area renovation, its diversification contributes to favorable investment climate and makes the region an optimal place for different branches of production.
Among effective methods of capital and investments attraction are favorable organizational and economic conditions of business management. In order to create a favorable investment climate, the government of Belgorod realizes the following strategies to provide the most comfortable conditions for its investors: creating a favorable investment climate: assignment of land plots for industrial objects creation, priority development of electric power systems, regional tax regulations improvement, state support and project management implementation.
On the basis of state credits (guarantees) of Belgorod and public property of Belgorod measures were taken to attract credit resources by investors for the participation of funds of regional budget in the authorized capital of open joint stock market entities. Some of our top priorities are the development of electric power systems in the region, constant cooperation with the suppliers of gas and electricity, a raise in the amount of investments support aimed at the engineering infrastructure development under terms of co-financing, the use of funds of investors, and gas and electricity supply organizations, which provide the connection of pipelines and networks.
Distance to Moscow
Moscow—Belgorod — 1 hour 20 minutes
1.55 million people
3.70% english speaking population
Area of the Region
27,1 thousand sq km
Gross Regional Product₽ 569,41 billion₽ 369,14 thousand per person
Foreign Direct Investment$ 236,20 million$ 152,60 per person
Fixed investment₽ 120,39 million₽ 77 871 per person
Unemployment rate4 %
Percentage of profitable companies73,50 %
Average cost of living₽ 6 842
Average monthly wage₽ 23 895
Geographical location and climate
373,5 K people
220,8 K people
87,6 K people
|Sunny days||Average annual rainfall|
|Average January temperature||Average July temperature|
|Agricultural period||Snow cover duration|
|6 months||4 months|
- 67,5 billion tonnes
- 115 million tonnes
- 1 billion tonnes
- 7 million tonnes
Land resources All agriculturally used areas make 2713,4 thousand hectares. A significant part of them (more than 70%) is black soil.