Keyword: «investment projects»
Investment policy is seen as the main tool of public administration and economic development of the region, with the fore innovative component. The results of the investment policy pursued in the region, providing achieved economic growth rates.
The article deals with issues that reveal the theoretical foundations of the concept of investment attractiveness and investment activity. In addition to theoretical material, the article analyzes the investment climate and investment attractiveness of the Smolensk region for 2015–2020.
This article discusses the main aspects of risk and uncertainty that arise during the implementation of investment projects. Recommendations have been developed to minimize the negative impact of risks on project results.

Galina Romicina