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

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 160 economic partners; industrialists’ and entrepreneurs’ unions; and financial, trade, and business associations from 75 countries worldwide.

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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Russian Government Approves Construction of Bridge to Yelena Island in Vladivostok

The Russian Government’s Transport Commission has approved the construction of a bridge to Yelena Island in Vladivostok, Minister for the Development of the Russian Far East Alexander Kozlov announced during Days of the Far East Festival in Moscow.

The construction of the bridge was included in a programme to repair and build bridges, overpasses, and artificial structures on roads of regional, inter-municipal, and local importance into significance by 2035. The draft document covers more than 1,000 bridge crossings in the Far East.

The bridge to Yelena Island will become one of the most important components of the Vladivostok Ring Road (VKAD), which will connect the city’s central district and the Egersheld area, where the commercial sea port is located, to Russky Island. The project will help the port increase cargo turnover and deliver goods via the bypass through Russky Island instead of the city’s main thoroughfares and will alleviate traffic by private vehicles.

The final decision on the construction of the Vladivostok Ring Road was announced at the 5th Eastern Economic Forum, where the Far East Investment and Export Agency and Avtodor-Invest signed an agreement to prepare for and implement a project for the construction and operation of the western half ring of the VKAD. The project will be implemented under a concession agreement and will have total estimated investment of RUB 100 billion.

The 6th Eastern Economic Forum will be held on 2–5 September 2020 in Vladivostok.

Source: tass.ru/ekonomika/7334385

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