Mechanisms for improving investment attractiveness of the municipality of Magnitogorsk[Механизмы Совершенствования Инвестиционной Привлекательности Муниципального Образования Г. Магнитогорск]

The article examines the investment attractiveness of a municipality on the example of the city of Magnitogorsk, analyzes the investment potential of the city, and considers the main problems preventing an increase in the flow of investments. The article also suggests measures to increase the investment attractiveness of the city of Magnitogorsk. Today, investments are an important tool for economic development not only of the state, but also of regional and municipal entities. The inflow of investments attracted to municipalities has a positive effect on the dynamics and efficiency of the development of the economy of these territories, allows significantly improving the main socio-economic indicators. Therefore, the main task for municipal authorities is to create a favorable investment climate and increase the investment attractiveness of the territories entrusted to them. The purpose of this study is to characterize the investment attractiveness of the Magnitogorsk municipality and develop measures to improve it. Methods. Such universal methods of scientific cognition as analysis, synthesis, generalization and others were used in the work. Also, in the course of the research, statistical data were collected and analyzed, and official documentation was analyzed. Results. As a result of the conducted research, the main factors and risks constraining the investment potential of the city of Magnitogorsk were identified, and practical recommendations and three groups of measures aimed at increasing the investment attractiveness of the municipality were developed. Conclusions. Investment attractiveness today is one of the key factors for the successful economic development of territories, including municipalities. The study showed that, despite the presence of certain constraining factors, the city of Magnitogorsk has all the prerequisites to increase its investment attractiveness and create a favorable investment climate.