06/27/2024
A presentation of the Caucasus Investment Forum 2024 was held in Moscow as part of the Forum programme for the heads of regional information policy departments. The speakers at the event included Assistant to the Deputy Prime Minister of the Russian Federation Alexander Novak Olga Golant, and Deputy Director of the Roscongress Foundation and Director of the Caucasus Investment Forum Vladimir Zatynayko. This year’s Forum will take place on 15–17 July in Grozny, the first event of its kind to be held at the residence of the Head of the Chechen Republic.
Those who attended the event learned about what happened at the first Caucasus Investment Exhibition, which took place in May 2023 in the city of Mineralnye Vody. From this year on, the Caucasus Investment Forum will be held on an annual basis in different regions of the North Caucasus Federal District, as per the decision of the President of the Russian Federation. Its goal is to increase the investment potential of the North Caucasus Federal District to ensure the sustainable socioeconomic development.
Adviser to the President of the Russian Federation and Executive Secretary of the CIF 2024 Organizing Committee Anton Kobyakov noted the importance of holding an investment forum in the North Caucasus. “The economy of the North Caucasus regions is developing rapidly. The North Caucasus Federal District is becoming increasingly attracting to investors. According to the study ‘The North Caucasus Federal District Investment Portfolio 2023,’ the volume of large-scale investment projects increased by 47 per cent between 2020 and 2023, with the total investment portfolio of the North Caucasus Federal District amounting to 955.36 billion roubles. The main industries are tourism infrastructure and the agro-industrial complex. The number of green energy projects has also increased. Projects for the development of engineering and transport infrastructure are being consolidated. I am confident that holding the Caucasus Investment Forum in the Chechen Republic this year will ensure additional capital growth, not only in this region, but in the entire North Caucasus Federal District, and will create new growth points for the business community,” Anton Kobyakov stressed.
Special attention was paid during the presentation to the concept of the Caucasus Investment Forum 2024, to its youth and cultural programmes and the venue’s infrastructure. The programme for this year’s Forum includes more than 60 sessions. The focus will be on the development of entrepreneurship, the agro-industrial complex, the transport infrastructure, industry, the banking sector, international cooperation, healthcare, the humanitarian agenda, and other topics. The youth programme will cover all three days of the Forum and will bring together more than 1,000 young people, students, and aspiring professionals. The marquee event of the Forum will be its plenary session.
The Caucasus Investment Forum will also host the first ever Apex Investment Award. More than 250 applications from 42 Russian regions have been submitted for consideration for the 11 categories of awards. The awards ceremony will be attended by members of government, representatives of foreign delegations, and executives from the biggest Russian and foreign companies.
The main theme of the Caucasus Investment Forum 2024 is “The Greater Caucasus: From Sea to Sea”. Discussions at the event will focus on the development of the investment potential of the North Caucasus and Southern federal districts, as well as of the CIS countries and the Caspian and Black sea basins. The Forum is being held in accordance with a Russian Presidential Decree. It is organized by the Roscongress Foundation, with the support of the Ministry of Economic Development of the Russian Federation.
