The Role of the Foreign Investments in the Business Life of the Transborder Territories of the Carpathian Region

The article dwells on the issue of foreign investment attraction to regions. The importance of foreign investment in regions’economy and the country in general is emphasized, the factors, which are decisive for investors in the analysis of region’s attractiveness, and factors that influence the level of to regions are examined, the mechanisms of foreign direct investment attraction are analyzed through the prism of cross-border cooperation forms. The European experience of foreign investment attraction is examined and statistical data for the recent years is provided. The level of foreign direct investment in four oblasts of Carpathian region is analyzed, the dynamics of foreign direct investment per capita in border regions is reviewed, and the reasons / preconditions of growth/fall of the rates are explained. The role of decentralization in attraction of foreign investors is shown and opportunities and algorithm of activities to be conducted by territorial communities to attract investors are described. The ways to increase investment capacity are analyzed. The role of crowd technologies in creation of region’s positive image and the role of territorial development agencies in region’s investment activity are shown and the ways they should work as well as the required resources are explained.  Practical recommendations on improvement of region’s attractiveness for foreign investors are suggested. Keywords: investment potential, investment risk, investment attractiveness, investment environment, investment climate, investment resources