The Caucasus Development Institute presented an innovative project to the Russian Ministry of Economic Development: the introduction of advanced generative artificial intelligence technologies into the Investment Map of Russia. The new initiative aims to improve the efficiency of interaction between investors and the country's regions, accelerate decision-making processes, and improve the investment climate.

The use of generative artificial intelligence will significantly reduce the time investors spend on selecting a suitable location for their projects, accelerate key decision-making, and increase the region's attractiveness for new capital investments.

The implementation of the project could become a key centralized tool for supporting investment initiatives and will create new opportunities for economic growth in the regions.

Earlier, Andrey Tsemakhovich, First Deputy Director General of Kavkaz.RF, announced plans to introduce artificial intelligence technologies into the Russian investment map at the Caucasus Investment Forum.

According to Andrei Tsemakhovich, the main goal of the innovation is to create a convenient tool for potential investors. The current version of the investment map includes a huge array of data covering over 16,000 objects of various purposes, ranging from land plots to infrastructure facilities. This data is difficult to process manually, so the development institute decided to use generative artificial intelligence technologies to optimize the processes of site selection and assessment of the feasibility of specific projects.

The advantages of this system are that investors get a complete picture of the region, including potential benefits and possible risks, and can compare regions by selecting suitable objects for investment. The map provides instant answers and personalized recommendations.

The investment map was developed by the Ministry of Economic Development of the Russian Federation in conjunction with the Moscow City Government. It allows investors to assess the business environment of a future project: sales markets, preferential regimes, and the availability of infrastructure.

Kavkaz.RF, under the control of the Ministry of Economic Development of Russia, builds and develops resorts, manages tourist and recreational SEZs, and creates a favorable investment climate. In the Government of the Russian Federation, the North Caucasus Federal District is supervised by Deputy Prime Minister Alexander Novak.