A meeting of the Supervisory Board of the National Investment Agency “Invest in Russia” was held under the chairmanship of the Minister of Regional Development of Russia Igor Slyunyayev.
On April 24 the Minister of Regional Development Igor Slyunyayev chaired a meeting of the Supervisory Board of the Autonomous Nonprofit Organization “National Investment Agency”. At the meeting the results of the Agency’s activities in the first quarter of 2014 were discussed, including meetings organized, agreements signed, the participation of representatives of the Agency in forums and conferences as well as plans for future work were highlighted.
A report on the activities of non-profit partnership “Association of Regional Investment Agencies” was presented. At the moment, more than half of regional investment agencies and development corporations have submitted requests to join the Association. In the near future there will be an extended meeting of the Association held, which will be attended by the Head of the World Association of Investment Promotion Agencies Mr. Carlos Bronzatto.
In parallel, the Agency is working with the regions in order to establish the Council for Territories Development which will be an advisory body. To date, the majority of subjects of the Russian Federation have already confirmed the inclusion of their representatives as members of the Council.
The Supervisory Board also discussed the main directions of development of a so-called common information space needed for investors and for the regional agencies. The Agency has already launched its website www.invest-rf.com. In the future, there should be established a full-fledged information portal for interaction between the investors and regions, a “single point of entry” to the information space about subjects of the Russian Federation, attractive sectors of the economy in terms of regions, business conditions and success stories of projects implemented.
It was stressed that there is a need for the adoption of common standards for investment projects, the importance of using information about projects in various analytical layers. Since the bulk of regional agencies were created during the last year, and many of them are still in the process of launching their Internet sites, it seems logical and timely to apply a unified approach at this early stage.
Regional Development Minister Igor Slyunyaev also noted that it is important for regional development institutions when they make decisions on investment projects to use the data bases that are already adopted in the Ministry of Regional Development of Russia. It is important to do so “for correct positioning of the project in terms of resource, infrastructure and economic conditions”. This analytical framework about the Russian Federation has been accumulated in the Ministry of Regional Development and must be used for the growth of regional economies and enhancing the investment process in concrete locations, – said Igor Slyunyaev.
The Supervisory Board approved priorities in the work of the Agency, as well as took decisions on a number of operational and organizational issues.