Investment activity of the Republic of Kalmykia: status and prospects

This article discusses the concept and essence of investment activity, provides relevant principles of state investment policy, the observance of which is one of the conditions for the effectiveness of investment activity in the regions and in the country as a whole. In the course of the study, the authors give an overview of the state of investment activity of the Republic of Kalmykia and evaluate its results. The article notes that, despite the actions taken by the regional authorities in the investment sphere, the quality of work to attract investments is at an insufficiently high level. The authors also note that today the Republic of Kalmykia has a low investment attractiveness and a low investment rating, which limits the ability to attract foreign investment. The authors came to the conclusion that for the efficiency of investment activities and the full flow of investments into the republic, it is necessary to form a modern organizational, economic and legal mechanism for regulating investment processes in the region and an adequate system of business entities capable of realizing the priorities of regional investment policy.