Benefits: lost profits or tax revenues from attracted investments in the future?

On June 6, the St. Petersburg International Economic Forum will host a Round table “Modern industrial policy of the metropolis”. Experts will discuss business needs, opportunities of the city and outline ways of further cooperation.

The round table will be attended by Alexander Prokhorov, head of the Department of investment and industrial policy of Moscow, Igor Ishchenko, CEO of SEZ Technopolis Moscow, Jack Lau, technology entrepreneur, Professor of the Hong Kong University of science and technology and Shiv Vikram Khemka, Vice-Chairman of the SUN Group.

The participants of the round table will discuss strategies for industrial growth and competitiveness; options for promoting the development of innovative enterprises; conditions for sustainable development of the urban environment and the role of industrial infrastructure in solving economic and social problems.

“The development of high-tech industry is one of the main tasks of the Department of investment and industrial policy of Moscow. The creation of a specialized industrial infrastructure in the metropolis, support for existing and new high-performance enterprises - a catalyst for the development of the city, - said Alexander Prokhorov, head of Department of investment and industrial policy of Moscow. - The more innovative, environmentally friendly industries with high social responsibility are localized in the metropolis, the higher the standard of living”.

“The task of the round table is to find solutions that will help to maximize the potential of industrial policy of the metropolis, - said Igor Ishchenko, CEO of SEZ Technopolis Moscow. – We start from the existing world and our experience, we know about the current problems and hope to discuss the needs of business and relate them to the possibilities of the city in a constructive dialogue”.

The moderator of the discussion will be Olga Arkhangelskaya, head of the group on rendering services to companies in the real estate, transport, infrastructure and state-owned companies in the CIS, Ernst & Young; member of the management Committee of Urban Land Institute (ULI) in Russia; certified specialist of the Institute of commercial real estate investments of the USA (CCIM); head of the working group on financing and investments within the real estate Committee of the Association of European business.

The St. Petersburg international economic forum will be held from 6 to 8 June at the Expoforum Convention and exhibition centre. The session "Industrial policy of the metropolis" will be held in the presentation Area. The forum's events are United by the motto "Shaping the sustainable development agenda". Organizer - Fund "Grew Congress". TASS is an information partner, official photo-post Agency and operator of the presentation Zone of SPIEF with the support of Ernst & Young consulting company and the Advisory Council on foreign investments in Russia.