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Cross-border Investment Navigator for Monocities (KA4032)
Funded by Karelia CBC 2014-2020

Objective of the project

Reinforcing cross border investment opportunities resulting from the diversification of monocities and global industrial modernisation trends.

Main activities

• Designing and tuning policy and delivery methods supporting FDI in the border areas: - Identify and analyse the challenges and problems hampering the investments in the border areas; - Running comparative analysis of the barriers faced by the investors on the Fin / Rus side - Producing the road map with the policy recommendations and best practices for regional / local decision-makers - Developing and testing practical methods for policy design and delivery supporting FDI - Training of the relevant authorities and stakeholders on investment services / investor relations • Set up a cross border single entry online service effectively facilitating investment decisions: - Developing content and set up the operations - Identification of cross-border investment potential in order to target FDI offers to the pilot monocities - Developing and testing e-tools for investors - Well-functioning associated FDI service - Cross border investment schemes / inventory of investment projects • Selection and implementation of industrial diversification projects - Collecting the best practices and state-of the-art approaches in industrial diversification - Four prioritised industries have strategic resinsnace in the SEP business plan - Development of industry-related FDI packages for pilot monocities • Promoting regional investment attractiveness


Basic information




1970-01-01 - 2022-06-30

Total Budget / Programme funding

529 115 € / 476 203 €

Lead partner

Karelian Regional Institute of Continuing Professional Education of PetrSU
Lead partner web-site


Regional Council of Kaiuu
University of Eastern Finland
JSC "Corporation for the Development of the Republic of Karelia"