Business programme

The Far East: Resource Frontier or Driver of Growth?

03 Jun , 09:00–10:15
Delivering on National Development Targets
Congress Centre, conference hall B2

In 2015, an incentive system was put in place to spur investment in industry and infrastructure in the Russian Far East. Over time, this unparalleled initiative has proven to be highly effective. To date, more than 2,600 investors have taken advantage of various support measures, and more than RUB 5.4 trillion in investment has been put to work, with GRP growth in the Far East outstripping national figures. While manufacturing across Russia as a whole grew by 12.2% between 2015 and 2020, in the Far Eastern Federal District it grew by 23.1%, and between 2018 and 2020, per-capita investment in fixed capital in the Far Eastern Federal District exceeded the national average by 40%. Four regions in the Far Eastern Federal District were also included in the Agency for Strategic Initiatives’ investment climate top-30 list. Currently, the economy of the Russian Far East is heavily centred around the primary sector. As well as impacting efficiency, this situation makes companies in the Far East more vulnerable to volatility on the domestic and international markets. How can industry be reshaped and mature in the Far East? What steps need to be taken in order to enact qualitative structural reforms while preserving growth? What can be done to remove infrastructure-related barriers in the region, and open international markets to Russian companies? Where will funding to foster a new technological leap come from?

Grigory Berezkin, Chairman of the Board of Directors, ESN Group

Kwon Goohoon, Chairman of the Presidential Committee on Northern Economic Cooperation, Republic of Korea (online)
Mikhail Degtyarev, Acting Governor of Khabarovsky Krai
Mikhail Karisalov, Chairman of the Management Board, Chief Executive Officer, SIBUR
Sergey Kolesnikov, President, TECHNONICOL Group of companies
Valery Limarenko, Governor of Sakhalin Region
Oleg Novachuk, Chairman of the Board of Directors, GDK Baimskaya
Vasily Orlov, Governor of Amur Region
Svetlana Orlova, Auditor of Accounts Chamber of the Russian Federation
Alexey Chekunkov, Minister of the Russian Federation for the Development of the Far East and the Arctic
Irina Yarovaya, Deputy Chairman of the State Duma of the Federal Assembly of the Russian Federation (online)

Front row participants
Dmitry Govorov, Vice President for Government Relations and Strategic Communications, Russian Copper Company
Venkatesh Varma Datla Bala, Ambassador of the Republic of India to the Russian Federation
Artem Dovlatov, Deputy Chairman, Member of the Management Board, VEB.RF
Denis Konstantinov, Deputy Chairman of the Board, Russian Agricultural Bank