Breakthrough in the Far East: How to Become a Leader for Growth in Private Investment

24 May , 09:00–10:15
Harnessing Russia’s Growth Potential
Panel Session
Congress Centre, Conference Hall B2

For the first time in the last few years, the Russian Far East has been named the leading federal district in terms of the growth rate for private investments into the regional economy. In 2017, private investment amounted to 17.1%, against the country’s average of just 4.4%. Of this figure, 9% came from residents of advanced special economic zones (ASEZs) and the Free Port of Vladivostok, which invested RUB 90 billion into the economy of the Far Eastern Federal District. The growth rate for industry in the region has exceeded the country’s average by 2.2%, for agriculture by 8.2%, and for construction by 9.2%. Over 1,200 projects worth a total of over RUB 3.7 trillion in private investment are currently underway in the Russian Far East, and 107 new facilities created by residents of ASEZs and the Free Port have already been brought into use. Two hundred projects will be complete by the end of 2018, and 350 by 2020. What factors have attracted private investment to the region? What industries are the most attractive to investors? How competitive are the ASEZs and the Free Port of Vladivostok compared to the preferential investment zones in the leading countries in the Asia-Pacific region? How effective are the ASEZs and the Free Port of Vladivostok for the project economy from an investment perspective? What mechanisms exist to attract Asian investment? What steps should the government take to attract large investors to Russia’s Far East?

Alexander Ivlev, Country Managing Partner for Russia, EY

Pavel Grachev, Chief Executive Officer, Polyus
Mikhail Karisalov, Chairman of the Management Board, SIBUR
Sergey Kolesnikov, President, TechnoNICOL Corporation
Vadim Moshkovich, Chairman of the Board of Directors, Rusagro
Paul Rollinson, President, Chief Executive Officer, Kinross Gold Corporation
Yury Trutnev, Deputy Prime Minister and Presidential Plenipotentiary Envoy to the Far Eastern Federal District of the Russian Federation
Anna Tsivileva, Chairman of the Managment Board, Kolmar Group

Front row participants
Grigory Berezkin, Chairman of the Board of Directors, ESN Group
Sergey Karaganov, Dean, Faculty of World Economy and International Affairs, National Research University Higher School of Economics; Honorary Chairman of the Presidium, Council on Foreign and Defence Policy
Leonid Petukhov, General Director, Far East Investment and Export Agency
Denis Tikhonov, General Director, Corporation for Far East Development
Vadim Shvetsov, General Director, Member of the Board of Directors, SOLLERS
Vyacheslav Shport, Governor of Khabarovsk Territory
Irina Yarovaya, Deputy Chairman of the State Duma of the Federal Assembly of the Russian Federation