The Russian-Chinese conference "Public-Private Partnership Projects in Russia: National Plans and Prospects" was held in Moscow on October 16. The event on investment in Russia for Chinese partners was held by VEB.RF, the Russian-Asian Union of Industrialists and Entrepreneurs, and the international law firm Dentons.
“There is a saying in China: if you want to become rich, build a road. And today's event will teach us how to become richer thanks to PPP projects. Today on our site there are companies with a capitalization of over $ 1 trillion. Russian-Chinese cooperation has a colossal scale: $ 108 billion in commodity circulation, the accumulated investment is $ 50 billion, but today almost all the participants of these projects fit in this hall. The Association’s mission is to help its members develop relationships, help our Russian and Chinese companies earn money together. Such seminars help to solve these problems,” said Maxim Kuznetsov, Vice President of the RAUIE.
“Chinese investors are interested in implementing investment projects in Russia. They know VEB as a development institution, where they come first of all to find support and answers to questions on working with Russian projects. For VEB, this direction is a priority, in particular, due to the fact that last year, on behalf of the Government of the Russian Federation, VEB joined the work of the intergovernmental commission of the Russian Federation and the PRC on investment cooperation. Now the commission has 70 specific projects, most of them in the field of infrastructure, ”said Zarina Tsekoyeva, vice president of the Strategy and Development Block of the State-owned Development Corporation VEB.RF.
The conference addressed pressing issues of implementing investment projects in Russia, public-private partnerships, and other issues of investment cooperation. The agenda of the event was formed taking into account the requests of Chinese partners, and its practical orientation was highly appreciated.
RAUIE, VEB and Dentons assist Chinese investors in Russia
21 October 2019
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