Denis Manturov Steals the Show at Russian Industrialist Forum

Original Source: government.ru

Denis Manturov, the First Deputy Prime Minister of Russia, took part in the international forum-exhibition “Russian Industrialist” with a fabulous video address. The main dish of the day? Celebrating the 10th anniversary of the “On Industrial Policy” law, where the buzz was all about reflecting on past wins and cooking up future goals.

Kicking off the plenary session, Manturov exclaimed the forum is the crème de la crème of platforms for chatting about the big league industrial development questions. He emphasized we’re standing at the edge of a technological leadership renaissance, proving once again that industry plays a major role in keeping the Russian economy solid and swanky.

With a sprinkle of regional support and a dash of entrepreneurial spirit, the law has cooked up a whopping 1.8 trillion rubles in investments, thanks to special investment contracts. Meanwhile, the Industrial Development Fund has churned out financing for more than 1,700 projects totaling a hearty 575 billion rubles.

The big boss also shared tales of regional clones of the Fund that are becoming superstars for small and medium-sized businesses—think industrial parks and tech clusters rising from the ground. Let’s not forget the significance of a nifty Government Resolution that serves as the roadmap for localization, setting the stage for tech evolution across various sectors.

All these actions have helped Russia dodge those pesky import issues and come out swinging against COVID-19 and sanctions. In the last decade, manufacturing has shot up over 35%—not bad for a country that’s facing some serious external heat!

This article highlights the important role of the “On Industrial Policy” law as it celebrates its ten-year anniversary. It illustrates how strategic discussions in forums have been central to Russia’s industrial progress, showcasing the government’s commitment to fostering a robust industrial sector amidst global challenges. Manturov’s address showcases the tangible impacts of legislation to boost investment and innovation in the grand tapestry of the national economy.

In summary, Denis Manturov’s participation in the “Russian Industrialist” forum illustrates a decade of industrial progress and sets the stage for future growth. He pointed out the impressive investment figures fueled by supportive laws, the creation of regional development funds, and strategic localization efforts. Overall, it’s a celebration of resilient industry getting ready for the technological big leagues!