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, 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 165 economic partners, including industrialists’ and entrepreneurs’ unions, financial, trade, and business associations from 76 countries worldwide, and 154 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 Role of Investment in Social Sector Development
15 February 2019
14:00—15:15

According to data from the Russian Ministry of Economic Development published as part of a draft national report on attracting private investment to develop infrastructure and applying public—private partnership mechanisms in the Russian Federation in order to ensure economic growth, the volume of investment in infrastructure secured annually must correspond to at least 4.7% of GDP (approximately RUB 4.5 trillion). Taking into account the fact that around 12.5% of public—private partnership projects are presently in the social sector, the potential volume of social infrastructure investment should stand at approximately RUB 500 billion annually. In order to attract businesses to this sector, it is essential to establish favourable conditions, improve the relevant legal and regulatory framework, remove hurdles and administrative barriers, and share best practices in public—private partnerships. Attracting private investment into the social sector will make it possible to improve the quality and accessibility of services and the satisfaction of the end users to whom they are provided, put in place conditions to expand the range of these services, and also facilitate the optimization of budgetary expenditure and the effective use of public assets.


Date
15.02.2019
Forum
Russian Investment Forum
Started at
14:00—15:15
Conference hall
Conference hall 6
Analytics on the topic