A socially oriented non-financial development institution and a major organizer of nationwide and international conventions; exhibitions; and business, public, youth, sporting, and cultural events.

The Roscongress Foundation is a socially oriented non-financial development institution and a major organizer of nationwide and international conventions; exhibitions; and business, public, youth, sporting, and cultural events. It was established in pursuance of a decision by the President of the Russian Federation.

The Foundation was established in 2007 with the aim of facilitating the development of Russia’s economic potential, promoting its national interests, and strengthening the country’s image. One of the roles of the Foundation is to comprehensively evaluate, analyse, and cover issues on the Russian and global economic agendas. It also offers administrative services, provides promotional support for business projects and attracting investment, helps foster social entrepreneurship and charitable initiatives.

Each year, the Foundation’s events draw participants from 208 countries and territories, with more than 15,000 media representatives working on-site at Roscongress’ various venues. The Foundation benefits from analytical and professional expertise provided by 5,000 people working in Russia and abroad.

The Foundation works alongside various UN departments and other international organizations, and is building multi-format cooperation with 173 economic partners, including industrialists’ and entrepreneurs’ unions, financial, trade, and business associations from 78 countries worldwide, and 188 Russian public organizations, federal and legislative agencies, and federal subjects.

The Roscongress Foundation has Telegram channels in Russian t.me/Roscongress, English – t.me/RoscongressDirect, and Spanish t.me/RoscongressEsp. Official website and Information and Analytical System of the Roscongress Foundation: roscongress.org.

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The Russian Investment Forum 2022

2022
Sirius Federal Territory, Russia
List of sessions
Cybersecurity : Protecting Information and Personal Data in an Age of Fast-Paced Digitalization
Protecting information and personal data has long been a priority task of the state and business. 96% of Russian companies announced their readiness to review protection measures in 2021, and over half of Russia’s major corporations are planning to increase their cybersecurity budgets. Data has become a kind of ‘currency’, with citizens unable to access a number of goods and services without handing it over. Measures taken by companies and government agencies to combat cyber threats and ensure the protection of personal data are of interest to everybody like never before. Russia is a recognized world leader in this area, but cybercriminals are also stepping up their efforts. How can cybersecurity leadership be strengthened for the benefit of companies and citizens? Are businesses and governments doing enough to protect personal data? What can be done to strengthen public trust?
Examining the Data Economy of the Future: The Role of Regions and Cities
Is it forecast that by 2030, there will be 41 megacities in the world, home to a total of 720 million people. Over 60% of global GDP will be provided by 600 cities as soon as 2025. Three quarters of Russia’s population now live in cities, which are not only the sources of economic growth, but also where cultural and tech trends are born. The introduction of innovative digital and engineering solutions in urban infrastructure will improve the efficiency of urban management and make cities more liveable, helping them to become more attractive to investors. What role will urban economies play in the national economies of the future, and to what extent will the answer depend on their technological development? Is smart infrastructure investment worth it? What solutions are being implemented in Russian cities as a priority and what projects are likely to receive state support? How should the implementation of the Smart City project be structured in the regions and what should be included in regional programmes?
Artificial Intelligence: How Could It Be Used in the Social Sector?
Social security organizations are increasingly adopting AI technologies to enable them to expand their offer of proactive and automated services. AI is being used ever more widely in medicine and education. The application of AI in social security provision, however, is challenging. What are the specific ways in which the benefits of new technologies in the social sector can be maximized? What are the risks and how can they be avoided?
Digital Inequality: How Can We Level Up the Regions Left Behind?
An experiment was launched on 12 October 2020 to create and develop state information systems and their components and transfer them to Russia’s GosTech unified digital platform. The idea of GosTech is to reuse ready-made technological and applied services, securely develop them on a ready-made production conveyor, design applied architecture based on a client-centric domain approach, and distribute ready-made regional and municipal cloud solutions through the GosMarket digital platform, which is quite apt for the roundtable ‘The Digital Divide. How to Bring the Lagging Regions up to Speed’. What can GosTech offer the regions? First of all, due to the reuse of the ready-made components of the GosTech platform, the speed at which new regional digital solutions are implemented will increase, while their quality, reliability, and safety will improve. In addition, these regional solutions will become available to all regions and municipalities through the GosMarket platform. This will allow regions with small budgets to use high-quality digital products that improve people’s lives without spending significant resources on their development and maintenance. The idea of such reuse is particularly important given the huge shortage of IT specialists both in the regions and in the country as a whole.
Digitalization and the New Social Contract
The prerequisites for a new social contract in Russia are now in place. Several initiatives have been identified under the umbrella of digital transformation, representing its digitalization. These include mobile communications and high-speed internet for every resident of Russia, digital citizen profiles providing access to a vast array documents in a mobile application, the provision of state services and communication with government agencies online, the signing of contracts and execution of transactions in the digital space, and the availability of affordable training for IT specialists. Will the implementation of these initiatives create the conditions for mutual trust between the Russian state, business and society? Could the efficiency of government bodies be improved?
The IT Shift: Winners and Losers
The coronavirus pandemic has affected practically every economic sector, and IT is no exception. Companies in the industry were discussing the need for state support as early as spring 2020. Amendments to the Tax Code, better known as a tax shift, have been made. Income tax rates for Russian IT companies have been cut from 20% to 3%, while social security contributions have been reduced from 14% to 7.6%. The new policy applies to companies generating at least 90% of their incomes from the sale of software and IT services. The shortfall in budget revenue is expected to be recouped through VAT on the sale of exclusive rights to software and the right to use software through license agreements. The tax shift also allowed Russian IT companies to claim RUB 48 billion in additional tax deductions for nine months of 2021. Who benefits from the tax shift, and who loses out?
The Role of Russian Regions in Building a National Innovation System
Safeguarding and advancing the scientific and technological potential of the regions, which defines Russia’s aggregate intellectual potential, cannot be achieved without effectively linking science and production. This link is set to arrive in the form of the National Innovation System. It consists of four blocks: science, business, human resources and digitalization. All of these elements are being developed in the regions, and it is through partnership with the regions that a synergistic effect can be achieved. What is the role of the regions in building the National Innovation System? How can synergy from interaction be maximized? What effect could this have on the national economy?
How Can We Attract and Retain Tech Startups?
The development of new technologies is a key criterion in the struggle for global technology leadership, where attracting and maintaining tech startups becomes vital to the economy. The main problem for Russian technology startups is a lack of opportunity to attract external financing. What is the solution to this problem? What support measures can the state and the regions offer to tech entrepreneurs?
Ethics and Trust in a Digital Environment
If the digital transformation of the state is to be implemented, it is crucial that ethical questions arising from the use of digital technologies are answered in a timely fashion. A new technology revolution is changing our lives, bringing with it new ways of doing things, new interests and new values, while attempts to combine them with existing ones are not always successful. Conflicts and new ethical problems arise. Digital trust is a new phenomenon of the digital age, and is defined as the confidence of users in the ability of digital institutions, enterprises, organizations, technologies and processes to create a secure digital world. Is this achievable today? What are the risks of widespread digitalization to humanity? How can people protect their privacy?
Russian Industry as a Driver of Regional Socioeconomic Development: Growth Centres
The demands of our time (the fourth and fifth industrial revolutions) dictate new approaches to creating and implementing industrial policy in Russia. There is a focus on investments in industrial infrastructure, the use of the most modern and advanced technologies as well as the training of a highly skilled workforce in the interests of the backbone sectors of Russian industry. In recent years, in Russia’s industrially developed regions, which include the Ural Federal District, the state and business have invested a substantial amount of funds in implementing major and significant projects to spur the socioeconomic development of the regions. These projects have helped to create new highly productive jobs as well as significantly renovate the production base of organizations in the real sector of the regional economy and, in some cases, create modern accompanying social infrastructure, which is much needed at the local level and has made it possible to improve people’s quality of life. In its work, the government is focused on increasing the rapid rates of industrial development in the regions, while bearing in mind its importance from a socioeconomic standpoint, and supporting employment among the population. Of course, business also plays an important role in such work by ensuring parity and making joint efforts with the state to maintain the appropriate investment activity. What level of investment is needed to support existing production and develop new technologies? Who should make this investment? Should the state support all sectors or only strategic ones? Is it worth “injecting” public money into unprofitable projects if they ensure high levels of employment? Which state support measures have worked well and what is missing?
Cluster Development: The Role of Cross-Industry Collaboration in Achieving Global Technological Leadership
Cluster initiatives, which are an effective tool for the creation and development of cooperative projects, are spreading rapidly across Russia’s federal subjects. There are currently around 50 industrial clusters in Russia. What can be done to identify promising regional industry leaders who might be able to support them through cluster policy? How do cross-industry (intersectoral) technological processes change the structure of production facilities and increase their efficiency?
Drivers of the Economic Model of the North Caucasian Regions
The North Caucasian Federal District is currently facing a number of economic problems. The programme for socioeconomic development implemented in the macroregion in recent years has not delivered tangible results. There are still quite a few problems that need to be addressed, including at the federal level. At the same time, it is clear that the region possesses significant potential across a whole host of areas, which is unfortunately not yet fully realized. There are huge opportunities for the development of various sectors including tourism, from health and sports-based to extreme tourism, as well as agriculture. There are encouraging conditions for launching industrial facilities, and the favourable geographic location at the crossroads of global north–south and east–west transit routes allows for development in the logistics sector.
Business and Law Enforcement Agencies: A New/Digital Format for Collaboration
The openness of law enforcement agencies to public dialogue with business is crucial in the modern world, and necessary in order to protect the trust of entrepreneurs in government bodies. Digital communication formats make it possible to practically eliminate barriers between them, and all that is needed is for both parties to come together. What measures are being taken today to establish direct contact between business and government? How are new technologies helping to raise business confidence in law enforcement agencies? Is it possible to establish dialogue on an equal footing?
The Main Drivers of Gross Regional Product in Russia’s Federal Entities: Investment, Infrastructure, Tax
The spread of the novel coronavirus infection has proven to be a major challenge for both the global and Russian economies. Measures adopted by the Russian government to support businesses and the public helped to the mitigate economic recession and promote recovery. Now, however, the regions must look for new sources of economic growth. An effective tax policy, efforts to attract new investors, construction of new high-quality infrastructure and the ability to master new technologies can all help regions to make a forward leap in terms of economic development. What are the main growth points for GRP in the federal subjects and how can they be used effectively in the present environment? Which growth drivers could be most effective in the current situation?
Regional Investment Standard 2.0. FAST TRACK for Investment
Today, the 24 Russian federal subjects with the highest investment attractiveness account for around 93% of all investment. It is therefore crucial that a policy is created to identify the specific factors governing the investment-led development of the regions and create the conditions for investment in the economy of the future. The Regional Investment Standard 2.0 has been developed to achieve this, taking into account the best investment practices accumulated by the Agency for Strategic Initiatives since 2012. The new regional standard is based on best practices established in cooperation between federal subjects and investors, and is compiled in such a way that all regions meet the minimum set of requirements for attracting investment. Moreover, the Fast Track investment project support system, which is being implemented in Russia’s regions, has been designed to create a convenient and rapid mechanism for launching and supporting investment projects. At its core is a mechanism for identifying the shortest and most convenient customer journey from project concept to business result for every entrepreneur in every region of the country. The programme includes the creation of an investment policy statement, an investment map, a set of investment rules for Russian federal subjects, and standards to ensure the availability of infrastructure. How will the creation and implementation of a single support system for investment projects in the regions affect regional attractiveness to investors? To what extent will the new investment standards simplify project implementation and help to synchronize cooperation between government agencies and investors?
Contacts
Sirius Federal Territory, Russia
+7 (495) 640 6547