An investment policy focused on the implementation of national sustainable growth goals is based on an analysis of competitive advantages, problems and opportunities for attracting investment and mutual strengthening of public and private financing of ambitious development projects at the federal and regional levels. The reaction of investment and construction activities in the context of a pandemic to a simultaneous reduction in demand and supply was fundamentally different from the traditional scheme of financial and economic crises in the framework of long retrospective periods. A peculiarity of the crisis was the rather high synchronization of lockdown measures in the domestic and world markets, which had an extremely painful effect on the nature of capital flows. The functioning of the economy under the conditions of falling aggregate domestic demand, reduced incomes and growing budgetary constraints has actualized the study of the issues of mobilizing investment resources and creating conditions for supporting the structural transformation of the priority economic sectors in the context of increasing competitiveness and productivity. In this regard, the activities needed to clarify the regulatory framework for stimulating and supporting capital investments, public-private partnerships, protecting property rights, providing guarantees and distributing risks were updated. Overcoming the consequences of the pandemic and restoring sustainable growth is considered in the paradigm of changing the role and participation of the state, business, general public, and financial markets in mobilizing resources and financing national programs and investment projects with an increase in the scale and structural shifts in the distribution of investments in fixed assets.