The volume of investments in public-private partnership (PPP) projects in 2024 could reach or even exceed 2 trillion rubles. First Deputy Minister of Economic Development Ilya Torosov spoke about this at the Eastern Economic Forum (EEF). Vedomosti reports on the details.
Author:
https://rb.ru/author/ntihonov/
Subscribe to RB.RU on Telegram
Torosov says that the PPP and concession mechanism helps to share corporate and investment risks with the investor. In total, the volume of contracted investments last year reached a record level and amounted to 937 billion rubles.
“We expect that in 2024 the trend of investment growth will continue and the volume of investments will exceed 2 trillion rubles,” said Torosov.
Moreover, according to him, the volume of investments is expected to remain at the level of 500-700 billion rubles, and the number of agreements concluded per year will be at least 250.
A public-private partnership is a long-term interaction between the State and companies, in which the private sector participates in the design, financing, construction or reconstruction of an infrastructure facility, and also subsequently operates and/or maintains it. The objectives of PPPs are to attract private investment in the production of goods and services, develop public infrastructure and increase the role of companies in economic turnover.
On September 5, Russian President Vladimir Putin spoke at the plenary session of the Eastern Economic Forum. He touched upon many aspects of the economy and development of our country. RB.RU published the main quotes that experts continue to discuss today at the forum.
Author:
Nikolai Tikhonov
Source: RB
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.
