Expert Group to Discuss Ways to Attract Investment to Regions

6 December 2019

An expert council comprised of heads of representative offices of the Russian regions will hold a meeting in Moscow on 9 December. The meeting participants will discuss mechanisms that can be used to attract investment to the regions of the Russian Federation. The meeting will be held at the Roscongress Foundation at 16:00.

The expert group seeks to create conditions for the regions to exchange experience and engage in a constructive dialogue. The meeting participants include the heads of representative offices of the constituent entities of the Russian Federation. The group’s meetings focus on the main issues on the federal and regional agendas, a discussion of true success stories, and the replication of successful practices within the framework of national projects. During past meetings, experts looked at such issues as mechanisms to develop regional exports, technologies to support small and medium-sized enterprises, and ways to enhance labour productivity.

“Foreign investment is the most important factor that contributes to a region’s systematic and sustainable development. Attracting funds to businesses in the regions, opening innovative enterprises, and expanding production all help to increase the number of jobs and improve people’s quality of life. This is why the meeting of the regional expert club will discuss possible options for attracting investors and ways to build stable, long-term relations with them”, Roscongress Foundation CEO and Chairman of the Board Alexander Stuglev said.

The expert group meeting, which is titled ‘Attracting Investments to the Regions – Best Regional Practices’, will be attended by Russian Deputy Minister of Industry and Trade Alexey Gruzdev, Deputy Chairman of the Government of the Leningrad Region and Chairman of the Committee for Economic Development and Investment Activity Dmitry Yalov.

Following the meeting, analytical materials containing relevant business strategies will be sent to the federal executive bodies, regional leaders, and other interested organizations.

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