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 159 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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Investment in Tourism: Attractive Segments of the Sector and Preparations for the 2018 World Cup
16 February 2018

The tourism industry is a promising area for investment. One rouble invested in tourism can yield as many as five roubles in return. As part of a targeted federal programme to develop domestic and foreign tourism in the Russian Federation over the period 2011–2018, a large number of investment projects are being implemented which are centred around the creation of tourism, recreation, and motor tourism clusters. Individual Russian regions are also progressing with their own investment initiatives. In 2018 Russia will host the FIFA World Cup. Preparations for this important sporting event will involve new challenges and new investment opportunities. What segments of the tourism sector are the most promising today, and what are the factors that determine their investment attractiveness? What are the specific features of industrial, cruise-based, ethnographic, and other kinds of tourism from the point of view of investment? What role can domestic and inbound tourism play in improving a region’s investment appeal? What will the 2018 World Cup contribute to the development of the sector from an investment point of view, and how can effective use be made of the ‘championship legacy’ once the matches are over?

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