Programme

MIND THE LONG-TERM RISK: NEW STANDARDS TO UNLOCK PRIVATE SECTOR INFRASTRUCTURE INVESTMENT

The Global Growth Agenda
Panel
Pavilion 8, Conference Hall 8.2

The payback period for many critical infrastructure projects can last well beyond the horizon of a particular contracting government regime, adding risk that the terms may change when a new administration comes to power. What fresh approaches can policymakers take, and, in particular, how can better coordination amongst the G20 economies lead to improved security and unlock greater private sector participation in projects critical to meeting the future development agenda?

Moderator:
Yaroslav Lissovolik , Chief Economist, Member of the Management Board, Eurasian Development Bank (EDB)

Panellists
Ruslan Baysarov , General Director, Tuva Energy Industry Corporation
Amitabh Kant , Managing Director and CEO, Delhi Mumbai Industrial Corridor Development Corporation Ltd.
Dmitriy Konov , Chairman of the Management Board, SIBUR Holding
Igor Levitin , Adviser to the President of the Russian Federation
Aaron Rubin , Chief Executive Officer, Macquarie Russia & CIS Infrastructure Fund
Ivan Tavrin , Chief Executive Officer, MegaFon
Michael Evans , Vice Chairman and Global Head of Growth Markets, Goldman Sachs

Broadcast

Key moments

Communication is one of the best drivers of economic development. The World Bank provides the following figures: every 10% increase in internet penetration gives a one and a half per cent increase in GDP.
Ivan Tavrin
There is a need to create project development funds which will structure projects, which will put them out into the market. There is a need for independent regulators, a need for consistency in regulatory framework.
Amitanh Kant
Today, infrastructure of communication is fundamentally important because there is absolutely the same need for them as there is for water, gas, electricity and anything else.
Ivan Tavrin