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The investment climate of Russian regions was discussed at the RUSSIA EXPO

The investment climate of Russian regions was discussed at the RUSSIA EXPO
Photo: Anatoly Medved/RIA News
08.05.2024

Participants of the expert panel "Investment Climate: Our Prospects in 2024?" discussed the implementation of the regional investment standard, including the mechanism of feedback from business and improvement of legislation. A new brand of the regional investment standard prepared by ANO "Dialogue" was also presented at the event.

"The great thing about the investment climate is that we can discuss it everywhere and always, we always have something to share. Today we will talk about the regional investment standard: how it is being implemented, what prospects it has. We will cover many topics  this is the beauty of our session, where we talk from the federal, regional, municipal levels, as well as from the business community," said Oleg Kondratenko, Deputy Director of the Graduate School of Public Administration of the RANEPA.

Photo: Anatoly Medved/RIA News

Alexander Molodtsov spoke about the current status of the implementation of the regional investment standard and plans for 2024.

"The results of our work still amaze me, starting with the recognizability of the regional investment standard. Just recently there was a congress of the Russian Union of Industrialists and Entrepreneurs, where Russian President Vladimir Putin spoke for quite a long time about the regional investment standard and invited everyone to summarize the results of the launch of the program. It seems to me that this is a very serious recognition that our volunteer work has a concrete, measurable and understandable manifestation. There is a result, which is felt by business," emphasized Alexander Molodtsov, Director of the Department of Labor Productivity, Protection and Encouragement of Capital Investments of the Ministry of Economic Development of the Russian Federation.

Maria Glukhova in her speech addressed the topic of improving investment legislation in the country.

Photo: Anatoly Medved/RIA News

"Our business is quite positive about the situation in the economy, it invested actively last year and plans to continue to do so. First of all, we are talking about modernization of equipment, some companies are going to allocate funds for overhaul of buildings and facilities, to supply new equipment. There is a growing share of companies that intend to allocate funds for employee training and invest in research and development," said Maria Glukhova, Executive Vice President of the Russian Union of Industrialists and Entrepreneurs.

Photo: Anatoly Medved/RIA News

The session also included speeches by Rustam Muratov, First Deputy Prime Minister of the Government of the Republic of Bashkortostan, Minister of Economic Development and Investment Policy of the Republic of Bashkortostan, who spoke about plans to implement a feedback mechanism with business in Bashkortostan; Ekaterina Gugnyaeva, Deputy Head of the Mikhailovka Urban District of the Volgograd Region for Economy and Property Management, who addressed the topic of measures to increase the investment attractiveness of municipalities; and Ksenia Mashkova, head of the creative laboratory of the ANO "Dialogue" who presented the new brand of the regional investment standard.

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