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

The Roscongress Foundation is a socially oriented non-financial development institution and a major organizer of international conventions; exhibitions; and business, public, 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, and 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 5000 people working in Russia and abroad. In addition, it works in close cooperation with 133 economic partners; industrialists’ and entrepreneurs’ unions; and financial, trade, and business associations from 70 countries worldwide.

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News
10.07.2019

GMIS Delegates Discuss ‘Investment Promotion 4.0’

GMIS 2019 delegates discussed the role of artificial intelligence in bridging investment and technology gaps and achieving the UN Sustainable Development Goals and considered the concept of ‘Investment Promotion 4.0’ at a special event organized by the United Nations Industrial Development Organization (UNIDO).

«Modern society faces an investment gap — a shortage of investments that aim to ensure technological innovation and develop infrastructure. The goal of the ‘Investment Promotion 4.0’ concept is to maximize the effect of using Industry 4.0 technologies, including artificial intelligence, as well as to encourage investment in developing nations in order to reduce the investment gap,» UNIDO Director General and Co-Chairman of the Global Manufacturing and Industrialisation Summit Li Yong said.

The session participants noted that developing nations will face more job losses as a result of modern technologies being used.

«Governments should actively implement new HR strategies and innovative programmes in the labour market as well as train and retrain staff so that they can provide the new services that are emerging in the modern world,» Head of ITPO UNIDO (Bahrain) Hashim Suleiman Hussein Mohamed said.

The discussion addressed the state’s role in promoting investments in technology projects as well as the feasibility of a tool for public-private partnership.

«Norilsk Nickel has launched an initiative to produce tokens that are supported by the volume of our products. This will enable us to reach a new class of investors. In this process, the state’s role is to create a regulatory framework that will allow for the development of this product,» said Andrey Bugrov, Senior Vice President and Deputy Chairman of the Board of Directors at MMC Norilsk Nickel and Vice President of INTERROS Holding Company.

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