DEVELOPMENT OF AGRICULTURAL COMPLEX IN THE KALUGA REGION

Abstract

The agro-industrial complex plays one of the most important roles in the region’s economy and its development, including a large number of industries that are closely related to each other. Being aimed at the production of agricultural raw materials, their processing and distribution of the finished product, it is the main source of food for population, thus becoming one of the factors on which the quality and standard of living in the region depends. The degree of food security of a country also depends on the effectiveness of agriculture and related industries. Development of the agricultural sector requires substantial modernization of economy, which largely depends on the investment attractiveness and investment potential of the industry, which is dynamically changing depending on the market conditions and the socio-economic situation in the region. In these conditions, the assessment of the development of agroindustrial complex in the Kaluga Region and its investment potential as one of the fundamental industries in the region is of particular relevance. The article explores the investment potential of agro-industrial complex in the Kaluga Region using various methods: by analyzing socio-economic characteristics of the region, conducting a SWOT analysis and assessing investment potential using a simplified method based on the determination of key indicators within the production, financial, investment and export components of the potential . The results of the SWOT analysis show that the main strengths of the industry are its high innovative potential, investment climate and the availability of government support programs. Assessment of investment potential confirms the high level of development of the complex.