On 4 September 2020, VEB.RF, the National PPP Development Centre and AECOM will hold a strategy session Quality Investments in Infrastructure: Key Aspects to present the National Infrastructure Project Assessment and Certification System.
The purpose of the event is to discuss approaches to creating a project assessment system in Russia and review international experience in creating similar systems and their compliance with the sustainable development goals and the principles of quality infrastructure investment approved by the G20 countries.
During the strategic session, experts will discuss how financiers perceive a quality infrastructure project and what is the motivation for investors to improve the quality of projects? What is the level of infrastructure projects’ compliance with the set objectives and how to minimise harmful social and environmental impact?
The session will be attended by Deputy Minister of Finance of the Russian Federation Timur Maksimov, Deputy Minister of Economic Development of the Russian Federation Ilya Torosov, VEB.RF’s Deputy Chairperson and Member of the Management Board Svetlana Yachevskaya, Deputy Chairman of the State Duma Committee on Economic Policy, Industry, Innovative Development and Entrepreneurship Denis Kravchenko, General Director of the National PPP Development Centre Pavel Seleznyov, Director General of AECOM Russia Roberto Cialone and other Russian and foreign experts.
In June 2019, the G20 leaders signed the Osaka Declaration to approve the principles of quality infrastructure investment (QII) for implementation at the national level by all the G20 countries. To implement these principles, Russia is creating the National Infrastructure Project Assessment and Certification System using best international practices. This effort is initiated by the Ministry of Finance of the Russian Federation and conducted by VEB.RF together with the National PPP Development Centre and AECOM. These are quality guidelines for infrastructure projects, which provide for economic efficiency, safety, natural disaster resilience, social effects, use of innovative approaches and advanced technologies, and for the improvement of infrastructure management.