Wednesday, March 29, 2017

Sverdlovsk ministry hosts networking meeting to spur investment

The Sverdlovsk region’s Ministry of Investment and Development recently held the first meeting in a series aimed at helping municipalities create better strategies for investments by bringing together entrepreneurs and regional officials.

Without municipalities, it is more difficult for investors to develop or implement any long-term investment plans with businesses. Solving this dilemma requires that the municipalities have a development plan spanning the next five to 10 years. The plan needs to account for government programs, federal legislation changes, interaction with potential investors, and clarifications and solutions in a number of problem areas.

The first plenary meeting brought together entrepreneurs and representatives from various municipalities from the West administrative district. The attendees discussed ways to dissolve the barriers that prevent interactions and investments between the entrepreneurs and the municipalities.

The end goal of the meetings was to instruct municipalities on how to create their own investment strategies.

To reach this goal, the meeting included consultations between small- and medium-size enterprises, technological and electric networks, and urban and land-planning legislation.

Future discussions about insurance companies, financial resources, and creating public and private partnerships are scheduled for later this year.

Organizations in this story

Sverdlovsk Investment News Yekaterinburg, Sverdlovsk Oblast

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