non-financial development institution
major organizer of congress and exhibition events
RC personal account
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Sergey Fakhretdinov

Sergey Fakhretdinov

Chairman of the Board of Directors, Management Company Ruscompozit
Quotes
06.06.2019
SPIEF 2019
Government and Business in the Social Sector: Identifying New Sources of Growth
We have to agree on the rules of the game. Not short-term of 2,3,5 years – but 10–20 years, so that business that chooses a PPP understood that there would not be any changes for the next two decades. Second, everyone, but the regions especially need to move towards prioritizing projects that can unite both business and government. These projects need to be well prepared
06.06.2019
SPIEF 2019
Government and Business in the Social Sector: Identifying New Sources of Growth
Today, there is incredible demand for investment in the social sphere. Thus, the road construction industry is RUB 1.3 trillion short, housing is short RUB 300 billion annually. It shows, that there are opportunities of private-public partnership in Russia today, yet there are issues with the environment. The rules of the game are unclear and not transparent, especially when the business cooperate with the state. The risks the business carries are impossible to predict
06.06.2019
SPIEF 2019
Government and Business in the Social Sector: Identifying New Sources of Growth
State companies push private companies away from the market. According to RBC, nearly 60% private companies do not show any profit. With this in mind, it is difficult to expect that business will invest in social or infrastructural projects with low profit rates and slim chances or recuperation