Programme

TRANSFORMATIVE INFRASTRUCTURE: REALIZING MEGA PROJECTS

Global Economy: New Challenges and Shifting Horizons
Panel Session
Pavilion 5, Conference Hall 5.2

Major projects such as the Nicaragua Canal, the Power of Siberia, the Turkish Stream gas pipeline, and the railways in the Eastern Polygon – as well as other global infrastructure developments – promise to change the global economic landscape. Yet these initiatives require billions of dollars in investment and present enormous challenges, as well as potential benefits. What steps can international organizations and the public sector take to reduce the risks associated with mega projects? How can financing be best secured for the implementation of these projects?

Moderator:
Hans-Paul Buerkner , Chairman, The Boston Consulting Group

Panellists
Yves-Thibault de Silguy , Vice President, MEDEF International
Boris Dubrovsky , Governor of Chelyabinsk Region
Dr. Paul Oquist , Minister and Private Secretary for National Policy to the President of the Republic of Nicaragua
Nikolai Podguzov , Deputy Minister of Economic Development of the Russian Federation
Maxim Sokolov , Minister of Transport of the Russian Federation
Yuri Soloviev , First Deputy President and Chairman of the Management Board, JSC VTB Bank
Sharon Thorne , Managing Partner, Global, Deloitte
Mikhail Khryapov , General Director, PJSC Stroytransgaz
Jin-Yong Cai , Executive Vice President and Chief Executive Officer, International Finance Corporation (IFC)
Vladimir Yakunin , Chairman of Supervisory Board, DOC Research Institute; Doctor of Political Science

Broadcast

Key moments

The development of infrastructure is the foundation required to develop the economy.
Vladimir Yakunin
The experience taught us that the key is to make sure the risks are allocated properly within the public sector, the private sector and among bearers and stakeholders.
Jin-Yong Cai
We need to focus specifically on the projects that support the most groundbreaking and effective areas in the development of the transportation system.
Maxim Sokolov
Investing in infrastructure, especially during the crisis period, is the anchor that ensures the country’s transition to new levels of economic growth.
Nikolai Podguzov
The country needs a major shift in its ability to generate long-term and cheap money for investment in the real sector.
Yuri Soloviev