Business programme

Attracting Extrabudgetary Funding for Import Substitution Projects

15 Jun , 11:00–12:15
The Russian Economy: From Adaptation to Growth
Pavilion G, conference hall G4
In partnership with Promsvyazbank

As a result of a decline in export-import activities and the exit of several foreign manufacturers from the Russian market, the domestic industry is actively pursuing import substitution projects and setting up new production facilities. However, it is evident that increasing volumes in the short term without additional financial instruments is highly challenging. How can Russia effectively attract extrabudgetary financing, including through the utilization of stock market instruments? Are private investors interested in participating in these projects, and what role does the government play in promoting extrabudgetary financing?

Andrey Sokolov, Deputy Director General, Russian News Agency TASS

Anatoly Aksakov, Chairman of the Committee of the State Duma of the Federal Assembly of the Russian Federation on Financial Markets
Daniil Algulyan, Deputy Chairman, VEB.RF
Alexey Demidov, Deputy General Director for Economics and Finance, United Aircraft Corporation (UAC)
Nikolay Zhuravlev, Deputy Chairman of the Federation Council of the Federal Assembly of the Russian Federation
Ilya Torosov, First Deputy Minister of Economic Development of the Russian Federation
Petr Fradkov, Chairman, Promsvyazbank

Front row participant
Sergey Smirnov, Director of the Investment Department, Management Company of Russian Direct Investment Fund (RDIF)