Pitch Sessions Held for Top Projects on Investinregions.ru Portal at SPIEF
Pitch sessions were made for projects posted on the Investment Portal of Russian Regions Investinregions.ru at the St. Petersburg International Economic Forum. The founders and heads of companies presented 11 standout initiatives to banks, investors, and major industry companies – from a surf park with artificial waves in the Krasnodar Region and tourist clusters in Kuzbass to a leather processing plant in Kalmykia.
“We have made the portal a useful resource and tool for convenient work with investment projects from the regions. The portal is in Russian, English, and Chinese since we aren’t only targeting Russian investors, but international investors as well. International and Russian banks, companies, and public organizations have already become partners of the portal today. Our strategy is to create an ecosystem based on the portal to attract investment to the regions,” said Alexandra Beloshitskaya, Executive Director of Fund RC-Investments, the investment platform of the Roscongress Foundation, who moderated the event.
Denis Saly, Director of the Representative Office of the Kaliningrad Region under the Russian Government, presented a concept for the development of Oktyabrsky Island in Kaliningrad. Almost half of the site – 179 hectares – is being urbanized. The payback period is 54 months. The internal rate of return is 24.9%. The profitability index is 1.3 times. The discount rate is 12.9%. Oktyabrsky Island will be built up as an eco-friendly and comfortable space with well-developed infrastructure for life, development, and business in the Kaliningrad Region, and the existing benefits and preferences could significantly ease the tax burden during the implementation of this investment project.
Roman Mataru presented his own startup Aensof.com – a global B2B trading platform with 185,000+ SKUs that can connect 25 million companies of sellers and buyers of polymers, petrochemicals, and chemicals. In the next five years, the startup plans to attain turnover of USD 500+ million per year and an NPV of USD 129+ million.
Savr Dambayev, the head of a project to build a leather processing plant in Kalmykia, called on investors to enter the natural leather market. The facility will be able to process up to 252,000 skins of small horned livestock and up to 40,000 cattle. It will be able to supply products for the manufacturing of clothing, footwear, and bags, and also for the automotive, furniture, and aviation industries.
Intersen-Plus, a resident of the Skolkovo Innovation Centre, produces disinfectants and packaging materials for sterilization. Its clients include Russian Railways, Sheremetyevo International Airport, X5 Retail Group, EMERCOM of Russia, and the Moscow Metro. CEO Dmitry Kurshin said its revenue reached RUB 1.6 billion in 2020 as a result of the pandemic, which is almost six times more than in 2019.
Vyacheslav Momot gave an inspiring presentation about the creation and development of the Mezhdurechensk Tourism Cluster. The project is divided into four investment sites – Mount Yugus, Black Salan, Podnebesnyye Zubya, and Siberian Megaliths. The site offers a diversified infrastructure of resorts, with clusters of science, medicine, health, sports, and culture for sustainable capacity both in winter and in summer. The large system of interconnected eco-resorts will become a year-round centre for family, team-based, and corporate recreation with components of extreme sports and recreational, leisure, and ethnic tourism for Russians and foreigners.
Andrei Domozhirov presented the Wave Lagoon park that generates artificial waves that are just as good as ocean waves. It is capable of simultaneously accommodating up to 140 surfers in constantly purified water, with a surf school, a sports training base for surfers preparing for the Olympic Games, youth entertainment centre, as well as a proper beach infrastructure. The eco-friendly, virtually silent, high-tech, and ultra-modern electrical equipment produce more than 1,000 waves per hour at a height of more than 2.5 metres, with the ability to recover and reuse part of the energy.
Another tourism project was the Novy Sheregesh ski complex presented by Nikita Slesarenko. The resort will be able to host families with children and IT workers who will spend several months there as well as young people at hostels that are to be built for them on the territory. Sheregesh has unique natural features: 120 days of sunshine per year on average, seven months of snow cover that is 1.5 to 4 metres thick, a range of elevation from 300 to 680 metres with the highest point being Mustang at 1570 metres.
Vladimir Farafontov spoke about the resort potential of the northern part of Kuzbass. He surprised investors with a project for a northern balneological hub at the largest reservoir in the region – Lake Bolshoy Berchikul – with enormous reserves of curative mud. The hub would become a centre for water and event tourism with a yacht club, glamping park, detox centre, and a children’s camp.
Yulia Malorodnova presented a project for the development of the Kremnievy Termy balneological spa resort in the Krasnodar Territory. A hotel and shopping centre, family hotel, health resort, and two cottage villages will be built around the spa areas and the medical centre. Once it reaches full capacity, the tourism cluster will be able to accommodate up to 2,500 visitors a day.
The event concluded with a presentation by Savr Pavlov of a project for a production site in the coastal part of the North Caspian for the processing of roughage based on a reed-cereal grass mixture. The facility would produce pelleted feed, which will optimize farmers’ expenses on feed preparation for the wintering period and stimulate the development of agriculture in Kalmykia.
On June 2-5, 2021, the St. Petersburg International Economic Forum (SPIEF-2021) was held, in which the State of Qatar took part as a guest country. Main results: the Qatari delegation, which brought together 51 organizations and 400 delegates, prepared 20 discussions, signed over 60 agreements, and held almost 250 business meetings in the field of cooperation in trade and investment, education, science and technology, culture and sports.
Following talks in Moscow on March 28, 2017 between Iranian President Hassan Rouhani and Russian President Vladimir Putin a cooperation agreement was signed between the Roscongress Foundation and the Iranian Chamber of Commerce and Industry.
The Russian Public Relations Association (RASO) has announced the recipients of its annual PR awards, and the Roscongress Foundation has won the ‘Investment growth in Russia’ category for its series of SPIEF 2016 sessions, ‘Russia’s regions: new areas of growth’. Between December 2015 and May 2016, events were held in cities across Russia (Moscow, Nizhny Novgorod, Yekaterinburg, Krasnodar, and Tula) as part of the run-up to the St. Petersburg International Economic Forum.
Advisor to the Russian President Anton Kobyakov and German Bundestag Member and Coordinator for Intersocietal Cooperation with Russia, Central Asia and Eastern Partnership Countries Dirk Wiese held a meeting in Moscow with a focus on strengthening trade and economic relations as well as cooperation and exchange of best practices in the humanitarian sphere.
“Digital economy is a new paradigm for the development of the state, the economy and society.”
To participants, organizers, and guests of the 24th St. Petersburg International Economic Forum
Welcome to the 24th St. Petersburg International Economic Forum.
Over the years, the Forum has been a place to discuss the most pressing issues facing both the Russian Federation as well as global economies. This year’s event will be no different, with participants including leading government figures; senior executives from major corporations and financial institutions; renowned experts; and pioneering entrepreneurs. The need for open, constructive dialogue is particularly evident today. The COVID-19 pandemic has impacted all countries across the globe, and has severely restricted international ties. It is vital to work together as we forge a path to recovery. Other socioeconomic issues such as poverty relief, improving education opportunities, expanding employment and prospects for labour markets, as well as addressing violations of fair competition principles also require careful attention.
We must now endeavour to build equal, constructive partnerships between members of the global community and expand business ties on a number of levels to effectively tackle today’s critical global challenges and achieve sustainable development. We have long worked towards these ends through the Eurasian Economic Union, which has promoted principles of free trade, and facilitated mutually beneficial investments and common technological development. The Russian Federation is also interested in closer economic, scientific, and technical cooperation with partners in other regions. We are ready to share our experience in areas such as healthcare and digitalisation, and to work with partners to build better telecommunications, energy, and transport infrastructure. We also recognize the importance of creating effective frameworks to cooperate in addressing key issues facing the environment and climate.
I firmly believe that the agreements reached at the Forum will contribute to the development of international relations and facilitate the implementation of new economic projects for the benefit of all our countries and peoples.
I wish you a productive, rewarding and successful event.