Irkutsk Region: companies, economy and investment

Governor of Irkutsk Region: Kobzev Igor Ivanovich

Registered address: 1A, Lenin street, Irkutsk 664027 Russia

Mailing address: 1A, Lenin street, Irkutsk 664027 Russia

Phone: +7 (3952) 24-17-37

Fax: +7 (3952) 24-17-73

E-mail: mail@govirk.ru

Website : irkobl.ru

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Irkutsk region is a powerful industrial region with rich cultural traditions and a developed scientific infrastructure.

According to analysts, the Irkutsk region currently demonstrates a focus on reducing costs, maintains a moderate level of debt, and has a well-diversified economy with high long-term growth potential.

The capital of the region is Irkutsk with a population of 579.3 thousand people. The population of the region is 2503.6 thousand people.

The Angara region is one of the richest regions in Russia in terms of natural resource potential. The region has the largest forest reserves in the country – 11%, gold-10%, oil and gas-7%, and coal-7%. Based on the resource potential, a powerful industrial base has been formed in the region. The region produces 53% of Russia's output of synthetic resins and plastics, 45% PVC, 34% of aluminium, 30% cellulose, 10% oil, 6% of energy. A distinctive feature of the Angara region from other regions of Russia is a large resource and low cost of electricity. Power plants located on the territory of the region can generate more than 60 thousand GWh of electricity annually.

Irkutsk region has unique forest resources. The forested land covers 63 million hectares. In terms of forest resources, the Irkutsk region ranks 3rd among the regions of Russia, which make up 9.0 billion cubic meters (12% of Russia's reserves).

Prospects for tourism development in the Irkutsk region are linked to plans to create a special economic zone of tourist and recreational type near lake Baikal in the slyudyansky district. For the Irkutsk region, the tourist and recreational zone is, first of all, a highly effective point of economic growth, which will become a catalyst for the development of the tourism business.

Attracting investment to the regional economy and implementing investment projects in the region is a priority for the government of the Irkutsk region.

We are ready to offer potential investors a variety of areas for cooperation.

Irkutsk Region is a region based on resource extraction and processing, energy, machinery, forestry, agriculture and northern logistics. Its resources, companies and human capital define the structure of the local market.

Irkutsk, Lake Baikal, the Angara, Trans-Siberian and Baikal–Amur railways and northern resource districts. Transport access, delivery times and utility connections must be assessed for the selected municipality.

Regional business profile

Principal economic activities include resource extraction and processing, energy, machinery, forestry, agriculture and northern logistics. They generate demand for equipment, materials, logistics, digital solutions, education and professional services.

Access to interregional markets and transport corridors.
An established industrial base and production expertise.
A range of locations for business and infrastructure projects.
Links between vocational education and employer demand.

Investment and entrepreneurship

Investors can assess industrial sites, parks and regional support measures. Land status, utilities, logistics, workforce, restrictions and realistic approval schedules must be checked before selecting a location.

Demand comes from residents, companies, retailers, infrastructure projects and public authorities. Market size and competition vary by municipality, so forecasts should be prepared for a specific service area.

Infrastructure and locations

Transport and utilities are uneven: regional centres and motorway locations generally offer more options than remote districts. Connection capacity and access conditions require address-level confirmation.

How to use this section

The thematic subsections explain industries, investment conditions, infrastructure and the social sphere. The participant directory helps identify suppliers, contractors, customers and partners connected with the region.

Verify organisation contacts and activities before use. For official statistics and requirements, consult the latest publications of Rosstat, territorial statistical offices and the relevant regional authorities.

Irkutsk Region

Regional business profile

Investment and entrepreneurship

Infrastructure and locations

How to use this section

Participants

«IVT» CJSC

Irkutsk Region

Prudnikov Sergey Vasilyevich

LLC «JV TRANS COMPANY»

COOKIE POLICY