Staff of the Global Infrastructure Hub recently visited the Russian Federation, where meetings were held with the Russian Ministry of Finance; the Ministry of Economic Development; Vensheconombank (VEB); the Federal Centre for Project Finance (a subsidiary of VEB); the Russian Direct Investment Fund; and the Eurasian Development Bank. Daniel Fedson, a Director of the GI Hub, met with various senior government officials to discuss the Hub’s recent initiatives and products, focusing on the Global Infrastructure Outlook, InfraCompass and the Global Project Pipeline.
There was a great deal of interest in further involvement with GI Hub, particularly in respect of the Global Project Pipeline, as well as collaboration on future GI Hub tools, such as the forthcoming tool on Managing Public-Private Partnership Projects After Contract Signing.
Daniel also attended a Roundtable Discussion with the Financial Research Institute of the Russian Ministry of Finance. During the discussion, the parties exchanged views on challenges related to private investment in infrastructure projects, with Daniel presenting the GI Hub’s tools and highlighting key initiatives.
. VEB, a State Corporation, is the Bank for Development and Foreign Economic Affairs (Vnesheconombank). It operates to enhance the competitiveness of the Russian economy, helping to diversify and stimulate investment activity.
. RDIF is Russia’s sovereign wealth fund with $10bn of reserved capital under management)