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Roscongress to Create Investment Project Database for Russia’s Regions

16 April 2020
Росконгресс создаст базу данных инвестиционных проектов регионов России

Roscongress together with its subsidiary RC-Investments Fund has launched a special project to promote investments in Russia’s regions. The Russia’s regions’ investment platform is a unique information space and communication tool, which brings together the interests of regions, project sponsors and managers, and investors.

‘The investment growth in the regions is a crucial element in the economic development of the country as a whole. In the federal subjects, ideas, discoveries and know-how are born and develop, which can subsequently be expanded and used throughout the entire country, and exported abroad. In his Address to the Federal Assembly in January, the President stressed the need to focus on economic and social growth in all the regions for the benefit of the Russian people. Regional initiatives must receive this crucial support through information, funding, and introduction of efficient tools for development such as a centralized database of investment projects,’ stresses Anton Kobyakov, Adviser to the President of the Russian Federation.

Within this platform, each region will have an online space, automatically updated with information on key socio-economic indicators, where subscribed regions will be able to post regional investment projects and information on exporting manufacturers.

The platform will serve to create a centralized, publicly accessible database of investment projects in Russia’s regions, with assigned project ratings. Over time, this will grow into a unified ecosystem geared to develop the economic and investment potential of the regions.

‘As a non-financial development institution, the Roscongress Foundation has always set great store by work with the regions, and supported local initiatives in showing the international community the potential of Russian business initiatives. We’re sure that a centralized investment project database will be in high demand with entrepreneurs as well as investors, especially in the current business climate, as during crisis many companies are restructuring their areas of work. This tool will allow Russian and international investors to find new opportunities and the best projects,’ Roscongress Foundation CEO and Chairman of the Board Alexander Stuglev explains. platform is synchronised with the Roscongress Information and Analytical System and is integrated in key economic events organised by the Foundation.

The platform will also allow regional representatives to host road shows and virtual trade fairs with the aim of attracting investors. Over time, the range of available options will continue to expand, with updates posted on special pages on Facebook, VKontakte and YouTube.

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