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Why Should You Invest in Tyumen Region?
December 15, 2012 16:40

The Foreign Ministry’s Mansion opened its doors on Friday to the representatives of the regional government, local and foreign companies who demonstrated their case studies to prove the oil and gas-rich place can offer a competitive environment to any industry.

Boasting Success

Tyumen governor Vladimir Yakushev has brought along senior executives from the world’s leading companies operating there Schlumberger, Baker Hughes, Schattdecor. And their success stories are just the tip of the iceberg.

According to Yakushev, the region’s budget has been balanced out, with industries like agriculture and metallurgy contributing on par with its traditional fossil fuel sector.

A total of 40 major investment projects worth 900 billion roubles, or $30 billion, are currently underway, with the pace of economic growth of 13 percent exceeding Russia’s average figures. The Tyumen Region has reached the top 3 Russian constituencies in terms of the industrial production index, after it almost doubled in the last five years.

The average monthly salary amounts to $1,000, which is quite high by Russian standards, and according to the state pollster VTsIOM, Tyumen is top 3 of Russia’s happiest cities.

Why Invest in Tyumen?

The regional government runs a dedicated website in three languages. According to a graphic presentation available in English, it boasts exceptional standards in many areas as assessed by the Russian Regional Development Ministry:


•1st place in the ranking of family income and employment;

•1st place in the rating of investment attractiveness;

•2nd place in the rating of the effectiveness of the regional government;

•2nd place in the rating of human development index;

•2nd place in housing construction per capita.


Russia-IC and Tyumen


Read more about the vast region of Tyumen and its surroundings, its history, nature, the sights, etc in Russia-IC’s reports. You can also contact us to order more specific information or a customized video report or tickets. We can help you map out your future trip or get in contact with the business partners you need.

Author: Mikhail Vesely

Tags: Tyumen Region Russian regions and cities investment in Russia   

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