Programme

RUSSIA’S HOUSING AND UTILITIES SECTOR: STIMULATING PUBLIC-PRIVATE PARTNERSHIPS

Russia: Seizing the Opportunities
Panel Session
Pavilion 8, Conference Hall 8.2 Innovation Hall

Over the past decade Russia has grown into Europe’s largest property market, with investment surging to US$8bn annually. Foreign capital makes up about 35% of total sector investment, with two-thirds of money going into office properties and the remaining going into residential, shopping malls and sports facilities projects. The Government has introduced a number of policy measures to stimulate growth in the sector, including new public-private partnership schemes. What other measures are needed to stimulate the inflow of private investment in the housing and utilities sectors? What are the best ways to enhance returns for foreign investors and which PPP models are demonstrating the strongest results?

Moderator:
Valery Fadeev , General Director, Expert Media Holding; Editor-in-Chief, Expert magazine

Panellists
Gonzague de Pirey , General Delegate for Russia, Ukraine and the C.I.S., Saint-Gobain; Chairman, Association of French enterprises in Russia for ecology and energy efficiency
Alexander Drozdenko , Governor of Leningrad Region
Timo Karttinen , Chief Executive Officer, Fortum Corporation
Oleg Kostin , Vice President, Gazprombank (Joint-Stock Company)
Takuya Kurita , Deputy Director-General, Ministry of Land, Infrastructure, Transport and Tourism, Government of Japan
Mikhail Men , Minister of Construction, Housing, and Utilities of the Russian Federation
Ruchyev Aleksandr , President, MORTON Group of Companies
Paul Centofanti , Branch Director, SEKISUI Chemical Co., Ltd

Broadcast

Key moments

The Russian Federation’s current legislation governing concession agreements is more liberal than in many Western countries and is more favourable for investors.
Mikhail Men