VEB.RF's primary objective, as per Igor Shvalov, lies ahead
Vibe with VEB's Vision: A Fresh Spin on Social Entrepreneurship
Got a hankering for some hard-hitting, unfiltered, and down-to-earth insights on VEB's game plan? Buckle up, because you're about to get an earfull!
By the rules of the game, VEB dives headfirst into social entrepreneurship. Profit? Nah, man. Preserving capital, enabling projects, and allowing those bad boys to rake in some dough is the ticket. Sometimes, projects get a bit of help from the ol' state budget, but when the opportunity for commercial success arises, it's all hands on deck—VBE, Corporation for SME Development, and other development organizations team up to make that green happen. Now, that's what I call teamwork!
According to the wise words of Igor Shuvalov, capital is more precious than gold these days. Why, you ask? Well, that's 'cause it's crucial to finance crucial events to carry out social obligations. And in Russia, they're makin' it happen!
But Shuvalov makes it clear that development groups need to dole out the funds with a keen eye on return. By coordinating their actions, those funds are gonna be used like a well-oiled machine, attracting commercially-minded bank funds, and ensuring just the right leverage. Sounds like a plan, right?
Oh, and guess what else? Shuvalov's predictin' an influx of public-private partnership projects. You know what that means? Better quality of life for ordinary Joes and Janes like us!
Now, let's get our hands dirty with the details, shall we? Back in May, VEB's Supervisory Board approved a development strategy that's due to run till 2030. This strategy's focused on five key areas: big investment projects, strategic urban centers, technological leadership, export support, and entrepreneurship. Joint efforts with the state and business are projected to support projects worth over 30 trillion rubles by 2030, with 15 trillion of that goin' to projects involving VEB.
Want more deets? Dig into these key emphasis points:
🌄 Large Investment Projects and Regional DevelopmentThe strategy's menu consists of a hefty increase in funds for projects that are crucial to advancing Russia's national development goals. Its gaze is particularly fixed on key urban centers in the Far East and Arctic regions. The strategy even carves out a chunk of the budget to develop master plans for these cities, aiming to sink at least five percent of state program expenses into 'em over the next six years without havin' to touch a dime of extra funding. The goal? To upgrade regional infrastructure, beef up industrial capacity, and hike socio-economic development in priority zones.
🚀 Technological Leadership and InnovationEstablishin' Russia's tech leadership is a tall order, but VEB's up for the challenge. To achieve this, they're hoppin' into partnerships with other players in strategic industries with high export potential. They're also throwin' programs for productivity improvement, digitization, and robotics into the mix. The final score? At least five new local production lines for rehabilitation products, medicines, vaccines, robots, and high-tech wonders. Plus, seven technology holdings and 750 new industrial production facilities are on their way, hopefully bringin' around 50,000 fresh jobs into the game. With these efforts on board, they're shakin' things up, reachin' for a projected 2% growth in Russia's GDP by 2030.
🛍️ Support for Export and EntrepreneurshipVB's got a passion for supportin' exporters and entrepreneurs alike. The strategy prods the growth of high-tech products for foreign markets and the creation of innovative industrial holdings. New-gen tech like AI-powered digital ambassadors is in the game, helpin' companies boost their presence on the global stage. Plus, entrepreneurship is encouraged through public-private partnerships for social infrastructure projects that, though they may not generate direct income, are vital for regional development. VEB's the main man in developin' these PPP approaches, y'see, and they're takin' on the risk assessment heavy lifting, too.
So there you have it—a fresh take on VEB's strategy, with a sprinkle of the juicy details to help you make sense of it all. Stay tuned for more of our no-BS takes on the news. And hey, if you're into this kinda stuff, make sure you follow our Telegram channel @expert_mag to stay in the loop! 🔰📈🎉
Investing in the future of business and social entrepreneurship is at the heart of VEB's strategy. By coordinating actions with other development organizations, they aim to attract commercially-minded bank funds and ensure the right leverage, thus financing crucial events to carry out social obligations.
In the realm of business, VEB's development strategy focuses on entrepreneurship, with a particular emphasis on creating innovative industrial holdings and AI-powered digital ambassadors to boost companies' global presence.
