Assessment of the impact of investments in fixed assets on the economic development of the Russian Federation

Investments in fixed assets are necessary for the growth of the Russian economy, as they help modernize infrastructure, increase regional competitiveness, and accelerate innovation. The high investment activity and the possibility of growth in the future is evidenced by the constant growth of investments, according to a review of the dynamics of investment in the regions of the Southern Federal District over time. Nevertheless, there are still noticeable inter-regional differences, which requires improvement of the mechanisms of territorial allocation of resources. Developing public-private partnership mechanisms, attracting investments in promising areas, and taking into account the country’s strategic goals are essential for improving investment efficiency. The main directions are infrastructure improvement, assistance to small and medium-sized enterprises, development of creative industries and attraction of private capital. An integrated approach to investment policy would guarantee balanced regional development, sustainable economic growth and increased global competitiveness of Russia.