VEB and Russian Union of Industrialists and Entrepreneurs (RSPP) Work on Comprehensive Strategy for Development of Monotowns
All the participants in the meeting noted the exigent need of support to the monotowns and their socio-economic development, as well as liability of the township-forming enterprises to engage in resolving these problems.
Deputy Chairperson of Vnesheconombank Irina Makieva, head of the priority Program “Complex Development of Monotowns,” reported the Program’s current status and itemized the support measures required for monotowns.
“We have aggregated the support measures at all levels — federal, regional and municipal, which allows us to apply a complex approach to the development of monotowns. In addition, we have combined financial and non-financial instruments including expert support and dissemination of the best practices. There are more than 100 such instruments at our disposal,” Irina Makieva said.
The Program of Complex Development of Monotowns presupposes the engagement of all parties in resolving the complex task of introducing sustainable economy in the monotowns. This is why the monotowns’ development teams bring together representatives of regional and municipal authorities, representatives of the township-forming enterprises and of their business communities.
“The township-forming enterprises are largely responsible for the economic climate inside the monotowns. That is why it is important to engage them in the implementation of this priority Program, especially in its social component. The township-forming enterprises have social responsibility programs of their own which may be synchronized with the activities performed by the municipalities with a view to improving standards of living, developing education, science, sports, etc. It is also important to involve active and caring residents, for instance, at the level of joint volunteer projects,” Irina Makieva emphasized.
Based on the results if the meeting, the participants passed a resolution to set up an expert body for a comprehensive analysis of the issues proposed by the working group for further consideration, as well as a resolution to prepare the RSPP official stance towards further implementation of the priority Program “Complex Development of Monotowns.”
Irina Makieva, Deputy Chairman at Vnesheconombank: “Coordinating support measures at all levels drives an integrated approach to territorial development”
Participants of the round table on Project Financing in the Russian Regions, held as part of the Day of the Republic of Chuvashia in Cheboksary, have discussed the coordination of government support for single-industry towns (monotowns) and an integrated approach to territorial development.
During the event the participants have examined matters related to government support, as well as projects implemented through project financing, syndicated lending, and public private partnerships.
Irina Makieva, Deputy Chairman at Vnesheconombank and Head of the Integrated Development of Single-Industry Towns programme, said that the Programme helped coordinate a range of government support measures, including for priority projects at the federal, regional, and municipal levels. “To adopt an integrated approach, we brought together all possible measures of support totalling 103. Most of them (46) are provided by the Russian Ministry of Industry and Trade,” she noted. “It is important to engage development institutions and combine the forces of all institutions.”
Irina Makieva has also underlined that improving the use of support measures requires the necessary knowledge and skills. “The Monotowns Development Fund has launched an Academy of Monotowns, an educational project where we coach management teams and provide them with new knowledge and technologies to work with resources that can be drawn at different levels,” she said.
The round table has also been attended by Chairman of the Committee of the State Duma for the Financial Market, Anatoly Aksakov; Deputy Minister of Industry and Trade of the Russian Federation, Aleksandr Morozov; Deputy Minister of Economic Development of the Russian Federation, Ilya Torosov; CEO at SME Corporation, Aleksandr Braverman; CEO at the Monotowns Development Fund, Ilya Krivogov, and representatives of major Russian banks.