General Information of the Krasnoyarsk Krai

 Investment attractiveness of the Krasnoyarsk Krai is determined by a complex of external and domestic factors, which form both positive and negative tendencies of social and economic development, determine the degree of stability and financial independence, the standard of liv­ing of the population and business activity.

External competitive advantages of the re­gion are determined by its favorable geographi­cal and geopolitical position.

Krasnoyarsk Krai is:

- one of the largest regions in Russia: its total area is 2.339.7 thousand sq. kilometers (13.7% of Russia's territiry the second largest area among the 89 Russia's regions), population is 2.942.0 thousand (13th largest population), Krai stretches almost 3.000 kilometers from the Arctic Ocean to the mountainous regions of the Southern Siberia;

- a region exceptionally rich in raw materi­als with unique fuel, mineral and hydro-energy resources;

- a region with large reserves of timber. Forests consist of larch, pine-tree, cedar, fir, silver fir. The reserves of timber are 7.4 billion cub. meters, i.e. 9.4% of the total reserves of Russia; having 52.7 mill. cub. meters of cal­culated wood cutting area the region annually cuts about 9 mill. cub. meters (17.1% of the calculated wood cutting area);

- the largest Russian exporter of non-ferrous metals, having high degree of liquidity on the international markets (2.4% of the total exports from Russia), non-precious metals and metal-ce­ramics, valuable sorts of wood and products of them, products of inorganic chemistry, nuclear and energetic equipment, mineral raw materials, oil and gas products, synthetic materials, etc.;

— a region with a well-developed transporta­tion system. The capital — city of Krasnoyarskis a large transportation center of Eastern Sibe­ria as it is located at the site where the Trans-Siberian Railway and Moscow—Vladivostok highway cross the Yenisei river providing ac­cess to the Northern Sea Route;

- a region crossed by a number of domes­tic and international air routes which, together with realization of the Cross-Polar Air Routes project allowed to shorten the time needed to get from North America to South East Asia.

Internal competitive advantages of the re­gion are determined by the current state of the regional economy and availability of resources for its development in the future. The following arc the main internal competitive advantages of the Krasnoyarsk Krai:

- the Krai is an important industrial region of Russia (volume of the shipped goods by types of economic activities in 2005 made up 376.8 billion roubles);

- a lot of industrial enterprises, including those representing the military industrial estab­lishment, are located in the Krai. This provides great opportunities for diversification and de­velopment of the economy;

- a substantial amount of highly qualified and skilled work force is available in the re­gion;

- Krasnoyarsk Krai is scientific center of Si­beria, advanced branch and scientific institutes are located on its territory;

- there is a number of opportunities for ver­tical integration of production based on exploi­tation of local reserves of natural resources and deep processing of them;

- much of scientific and innovative poten­tial of Siberia is concentrated in the Kras­noyarsk Krai, which provides an opportunity for organization of science-intensive types of production;

- there is a number of large export-oriented enterprises, which products are in steady de­mand on the world market;

— there are great opportunities for the large cooperation with the neighboring regions, CIS and foreign countries, as well as for diversifica­tion of foreign trade geography.

The Krasnoyarsk Krai, being the second Russian region by its territory comprises 2 Au­tonomous Districts (Taimyr and Evenkiya), 48 districts and 25 cities, which are combined into 10 zones with similar economy and a common area.

The Krasnoyarsk Krai is characterized by a complex territorial structure, where all the dis­tricts differ on the quantity of natural resources and level of industrial development.

Economic zones of Krasnoyarsk Krai

1. Taimyr Autonomous District;

2. Evenkiya Autonomous District;

3. Norilsk industrial complex;

4. Northern group of regions (Turukhansk district, town of Igarka);

5. Eastern part of Lower Angara River Region (Boguchany and Kezhma districts);

6. Western part of Lower Angara River Region (Kazachinsky, Pirovsky, Motyguino, 7. Yeniseisk, Severo-Yeniseisky districts, towns of Yeniseisk and Lcsosibirsk);

8. Achinsk group of regions (Achinsk, Birilussy, Bogotol, Bolshoy Uluy, Kozulka, Nazarovo, Tukhtet, Uzhur, Sharypovo districts, towns of Achinsk, Bogotol, Nazarovo and Sharypovo);

9. Kansk group of regions (Aban, Dzerzhinsky, Ilansky, Irbeysky, Kansk, Nizhny Ingash, Partizansky, Rybinsky, Sayansky, Taseyevo, Uyar districts, towns of Kansk, Borodino and Zaozerny);

10. Krasnoyarsk group of regions (Balakhta, Berezovka, Bolshaya Murta, Yemelyanovo, Mansky, Novosclovo, Sukhobuzimsky districts, city of Krasnoyarsk, towns of Sosnovoborsk and Divnogorsk);

11. Southern group of regions (Yermakovsky, Idrinsky, Karatuzsky, Krasnoturansk, Kuragino, Minusinsk, Shushensky, town of Minusinsk).