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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Gadzhimagomed Huseynov

Gadzhimagomed Huseynov

First Deputy Minister of the Russian Federation for the Development of the Far East and the Arctic
Quotes
03.09.2021
EEF 2021
Logistics is the ‘New Oil’ of the Russian Economy: International Transport Corridors as the Main Driver of Growth
We raised a major issue of making an alternative transport corridor available. The economy is changing. The cost of transporting one container through the Suez Canal has more than doubled over the past six months. And today there is economic appeal in having an alternative container line in the Northern Sea Route. We are actively involved in this together with Rosatom, and as a pilot project, we are going to launch container transportation between Russian ports starting next year
03.09.2021
EEF 2021
Logistics is the ‘New Oil’ of the Russian Economy: International Transport Corridors as the Main Driver of Growth
For the Ministry [for the Development of the Russian Far East, Ed.], the issue of transport infrastructure is a very sensitive one. Last year we could have transported an additional 15 million tonnes of cargo, but we did not due to the limited transport capacity
03.09.2021
EEF 2021
Overpriced Housing: Coming Back Down to Earth
We have our Far Eastern Quarter project in place. This endeavour has involved working with every institute in the industry – primarily the Ministry of Construction and DOM.RF. <...> It [the Far Eastern Quarter – ed.] represents an amalgamation of all possible tools into a single project. We are able to offer construction companies working on comprehensive housing construction projects the chance to become an ASEZ resident. In so doing, they are able to benefit from tax breaks, and at the same time we take on the task of putting the utilities infrastructure in place in plots of land. We also take part in building the social infrastructure, which is also very important – the market demands it. In return, we get a reduced cost per square metre
03.09.2021
EEF 2021
Overpriced Housing: Coming Back Down to Earth
By 2024 we need to reach the goal of 3.3 million square metres, as outlined in a decree issued by the President of the Russian Federation covering national targets to 2030. This is a fairly ambitious challenge for all of us – for the regions, for the Ministry for the Development of the Far East, for the Ministry of Construction, and for development institutions
03.09.2021
EEF 2021
Overpriced Housing: Coming Back Down to Earth
There is indeed a shortage of housing when compared to the Russian average. It’s about 3%. In 2020 we built a total of 2.5 million square metres of housing. This year, we plan to construct 2.7–2.8 million square metres
03.09.2021
EEF 2021
Overpriced Housing: Coming Back Down to Earth
Housing is expensive. Average prices in the Far East are 14–15% higher than the national average. We should also look at this as a challenge. <...> We are currently developing a set of tools, and could fall into another trap – a trap related to increasing demand on the housing construction market. Essentially, we could start building lots of new housing, and then find that the cost of construction materials is becoming a problem
03.09.2021
EEF 2021
Overpriced Housing: Coming Back Down to Earth
We have been able [thanks to the Far Eastern Mortgage programme – ed.] to build up solid demand for housing. However, we have had some teething trouble, whereby demand has appeared in places where supply is lacking. Partly as a result, prices per square metre have increased
03.09.2021
EEF 2021
Overpriced Housing: Coming Back Down to Earth
The question of housing is probably one of the biggest priorities there is when it comes to the development of the Far East. It is, essentially, fundamental infrastructure which has an impact on the development of human capital and attracting resources and professionals
02.09.2021
EEF 2021
Healthy Ambitions: Presentation of Landmark Projects in the Far East
Today nobody says that we are shifting away from coal and gas. They are going to be the main energy sources for a while, for 30, 40, 50 years, according to many assessments, but I am certain that the time the generation will dictate a much faster transition to alternative energy sources and achievement of carbon neutrality
02.09.2021
EEF 2021
Bringing the Far East Closer: Approaches to Reducing Transport Costs
Unfortunately, we did not transport anything last year, but we could have transported 15 million tonnes. For us, the issue of transport infrastructure is key in the context of developing the macro-region of the Far East. For more than six years, we have been implementing a programme to accelerate the development of the Far East by creating preferential regimes and attracting investors. A lot of work has been done. We have more than 2,600 residents and RUB 6.3 trillion in declared investments, of which about RUB 2 trillion have already been made
02.09.2021
EEF 2021
Bringing the Far East Closer: Approaches to Reducing Transport Costs
We are currently seeing growth dynamics in cargo turnover at ports – more than 4.6% growth in transhipment in 2020. Containers increased by 13% in this total volume. This is rather sustained and steady growth: the Far Eastern basin as a whole processes 223 million tonnes at ports
02.09.2021
EEF 2021
Increasing Russia’s Return on Gas and Oil
It is vital that all marginal revenue generated from mining to processing is distributed fairly among participants throughout this value chain. If we can identify balanced solutions, then processing will be a priority for us
02.09.2021
EEF 2021
Increasing Russia’s Return on Gas and Oil
The level of gasification in Russia stands at 71%, but I would also like to note that, according to various estimates, the level of gasification in the Far East is between 19 and 24%. Five out of eleven regions in the Far East do not have pipeline gas. Coal generation accounts for 70% of the energy mix for heat generation in the Far East, and we are all aware of the issues arising from this