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

The Roscongress Foundation – a socially oriented non-financial development institution and a major organizer of international conventions; exhibitions; and sporting, public, and cultural events.

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 2,500 people working in Russia and abroad. In addition, it works in close cooperation with 122 economic partners; industrialists’ and entrepreneurs’ unions; and financial, trade, and business associations from 69 countries worldwide.

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How Can We Ensure an Inflow of Private Investment into Developing the Infrastructure of Russia’s Far East?
6 September 2017
17:30

Optimizing budget expenditure on major infrastructure projects in the Russian Far East is an important challenge facing both federal ministries and regional administrations. Public-private partnership (PPP) projects are already being implemented in eight out of the nine regions in the Far Eastern Federal District: 324 projects altogether, representing total private investment of RUB 57 billion. At the same time, the additional investment that needs to be attracted in order to develop and modernize public infrastructure in the Russian Far East is estimated in the hundreds of billions. According to a number of experts, available private capital for financing infrastructure projects is in the region of RUB 700 billion. However, investors often disregard PPP mechanisms due to a lack of well-structured projects. At the present time, only 15–20% of the total number of PPP projects initiated progress from the idea stage to implementation. This is linked first and foremost with a lack of preliminary planning, which requires considerable labour and financial resources. As a result, promising projects which have enormous significance for their local regions and are potentially interesting to investors never make it off the page. Which regions in the Far Eastern Federal District are ‘open’ to private investment in PPP projects? Who has created the right conditions for projects to be launched? In which regions are the most effective measures for stimulating investment being applied? What are the barriers to attracting private investment into regional infrastructure?

Date
06.09.2017
Forum
EEF
Started at
17:30
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