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 179 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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Infrastructure under sanctions: project viability ranking

Which infrastructure sectors have taken a hit in the new economic realities? How viable are public-private partnership projects in Russia nowadays? Which projects’ implementation stages are under the highest crisis pressure?

InfraOne Research’s new analytical review «Infrastructure Under Sanctions: Project Viability Ranking» examines the first effects of sanctions on industry revenues, analyses governmental support measures and estimates the viability of PPP projects implemented in the Russian infrastructure market.

It is noted that the new crisis first has taken its toll on the revenue of infrastructure spheres in April 2022. Compared to March, this indicator decreased by 5.4%, which is less than in the first month of the pandemic (-9.4%). Those that suffered the most are passenger air transportation, warehousing and automotive logistics. Subsequently, in case of development of one of three scenarios that are also described in the review the affected areas will either be able to reimburse these losses by the end of the year (optimistic scenario) or the losses will drop down even more dramatically to almost RUB 450 billion (conservative scenario).

The new economic conditions also made the implementation of PPP projects less stable. Due to the increase in the cost of borrowings and fluctuations in the construction materials prices, the greatest risks in the spring and early summer of 2022 arise on the stages of financial closure of the projects, pre-construction and at the very beginning of the facility construction. The authors of the review examined the viability of almost 230 PPP projects launched on the infrastructure market, each worth more than RUB 1 billion, and identified a high-risk group, which included about 20 projects with the total investment portfolio of RUB 210 billion.

The summary of the review in English can be found here: https://infraoneresearch.ru/spief2022/en/

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