Council for Development Strategy and Investments of the Governor of the Nizhniy Novgorod Region was established.
The Council on Development Strategy and Investments under the Governor of the Nizhny Novgorod Region was created in July 2018 pursuance of the order Government of the Russian Federation on "Target models for simplifying business procedures and increasing the investment attractiveness of the subjects of the Russian Federation" within the framework of the Government of Nizhny Novgorod region to improve the efficiency of feedback and work channels of direct communication between investors and the leadership of the region.
The Council is engaged in the development of measures aimed at shaping the economic and investment potential of the Nizhny Novgorod region, the formation of tasks for the implementation of investment policy.
The powers of the Council also include monitoring the implementation of the Strategy for the Socio-Economic Development of the Nizhny Novgorod Region until 2035, and performing the functions of a competition commission during the competitive selection of investment projects for granting the status of a priority project.
The Council is headed by the Chairman - Governor of the Nizhny Novgorod Region; it includes representatives of state authorities of the Nizhny Novgorod Region, territorial bodies of federal executive bodies, financial and public organizations, representatives of the Nizhny Novgorod Region Development Corporation. In the structure of the council stands the presidium of the council.