Transcript Государственные программы города Москв

MOSCOW INVESTMENT STRATEGY
2014-2025
May 2014
MOSCOW INVESTMENT STRATEGY 2014-2025
CAPITAL INVESTMENTS in Moscow
29,1
23,4
2009
39,3
44,3
bln. US $
24,1
2010
2011
2012
2013
Source:
Russian
Federal State
Statistics
Service
(RFSSS)
2012
26%
Private,
demanddriven
59%
15%
Budgetary
(infrastructural)
Private,
competitive
Source:
IBM, Moscow
City
Investment
Agency
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MOSCOW INVESTMENT STRATEGY 2014-2025
INVESTMENT STRATEGY: OBJECTIVES AND RESULTS
2025
2012
•
26%
59%
15%
Private,
demand-driven
To increase volume of private direct
investments, to improve competitive
position against international peers
•
To attract private investments
into spheres traditionally funded
by public funds
•
To improve investment climate for
private investments , considering
social and urban priorities of the city
Budgetary (infrastructural)
25%
45%
30%
Private,
competitive
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MOSCOW INVESTMENT STRATEGY 2014-2025
INVESTMENT CLIMATE: STRONG POSITION AND RISKS
Potential business opportunities
Economic, political and business center
of Russia and the CIS
Business
environment
Условия
ведения
бизнеса
Comfortable
place to live
Место
для жизни
Skilled workers, a high
proportion of the population with a higher
Rich historical heritage
Strong positions
education
The largest distribution market in
Europe
Vast opportunities for recreation
with other Russian regions)
Favourable geographic location,
regional logistic hub
“Russian gateway to abroad”
Solid and balanced city budget,
Advanced IT infrastructure
Positive growth of public spaces
(parks, pedestrian zones)
high credit ratings
“New territories” potential
Budget’s dependence on “capital rent
income”
Risks
Developed financial market (compared
Considerable scientific potential
Russia’s general problems associated with
a low level of property rights protection and
inefficient justice system
Increasing international competition for
highly skilled labor
Decreasing Russia’s economic growth
rate
High cost of living (especially for
foreign employees)
Overuse of urban infrastructure
Increasing international competition
for investors
Relatively low crime level
Deterioration of the image of Russia’s
(e.g. congestion)
business climate internationally
Relatively low quality of social services
Limits to cost reduction
(compared with global peers)
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MOSCOW INVESTMENT STRATEGY 2014-2025
INVESTMENT STRATEGY: OBJECTIVES
POTENTIAL BUSINESS OPPORTUNITIES
• To attract private investment into areas traditionally funded mainly by budgetary funds, for example,
by involving in the economic turnover inefficiently used city properties (education, health, transport,
culture, etc.).
• To create highly paid and highly productive jobs (technology parks, science parks, and industrial
parks).
• To develop Public Private Partnership (PPP) projects.
IMPROVING BUSINESS ENVIRONMENT
• Cost reduction of business operations by simplification of administrative procedures, improvements
in tax system, etc.
• Competition development and enforcement of clear «rules of the game»
• Creation of infrastructure facilities for project realisation
• Development of flexible state support system
• Promotion of Moscow’s investment image
A COMFORTABLE PLACE TO LIVE IN
• Balanced infrastructure development
• Creation of comfortable urban area
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MOSCOW INVESTMENT STRATEGY 2014-2025
STRATEGY IMPLEMENTATION: MEASURES AND PRIORITIES
General measures, aimed at
improvements in the city’s
investment image in general
Specific measures, aimed at
attracting investments to
priority fields
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MOSCOW INVESTMENT STRATEGY 2014-2025
GENERAL MEASURES: BUSINESS OPPORTUNITIES
BUSINESS OPPORTUNITIES
Attraction of private investors into
areas traditionally funded mainly
by public funds
Involvement in the economic
turnover
of inefficiently used city
properties
Reduced rent of city
property in priority
Creation of highly paid and highly
productive jobs
Support measures for
priority sectors
Technology, science, and
industrial parks creation
sectors
Public Private Partnership
(PPP) projects
Subsidies for public services
to private
organisations
The inflow of investment
and job creation by
improving the existing
business environment
Long-term contracts
(Lifecycle Contracts)
Support for investment
projects
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MOSCOW INVESTMENT STRATEGY 2014-2025
GENERAL MEASURES: BUSINESS ENVIRONMENT
Improvements in business environment
Cost reduction of
business operations
Simplification of
administrative
Tax policy
procedures
Time and cost reduction of
administrative procedures
included the Doing Business
Tax benefits for
investors (for priority
sectors)
Competition development and
establishment of “clear rules”
Tariff policy in the energy and
public services sector
Improvement of Moscow’s
investment image
Further improvement of
the public procurement
system
Alignment of direct
communications and
feedback from investors
Increased competition in
the property and land
auctions
Promotion of Moscow as
a place for business
Long-term tariff planning
rating
Tariff optimisation
Optimisation of other
administrative procedures
(based on business appeal)
Regular assessment of
the efficiency of tax
incentives
The introduction of network
connection fees
Activities of the Headquarters
to protect the entrepreneurs’
rights and legitimate interests
Transfer of the tax
burden to property,
rather than the activity
Involvement of consumers
of utility resources in the
payment planning process
Work with international
sources of information
Bilingual unified
information investment
portal
Conversion of public services
into electronic form
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MOSCOW INVESTMENT STRATEGY 2014-2025
GENERAL MEASURES: A CITY TO LIVE IN
Moscow – a comfortable city to live in
Creation of a comfortable city
environment
Balanced infrastructure
development
Balanced urban policy
Expansion and modernisation
of transport infrastructure
Changes to the city
planning rules and
regulations
The development of the
public transport system
Development of a
polycentric city structure
Intelligent traffic
management systems
Creation of parks,
pedestrian zones, etc.
Reorganisation of parking
space
Improvement of
social service quality
Public security
(education, public
health service, etc.)
Service improvements of
Government organisations
The development of
a legal residential
rental market
Saving the city’s
historical heritage
Restoration of cultural
heritage sites, using
funds by private
investors (preferential
rent)
Increased private sector
involvement
Integrated development of
territories (including
comprehensive
redevelopment)
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MOSCOW INVESTMENT STRATEGY 2014-2025
Priority fields
Transport
Infrastructure
Health & Education
New Economy
Housing & Utilities
Traditional Industry
Financial & Business
Services
Wholesale, Retail, Logistic
Travel, Hospitality,
Leisure & Sport,
Urban Environment
MOSCOW INVESTMENT STRATEGY 2014-2025
Field priorities
Transport
infrastructure
OBJECTIVES AND PRINCIPLES:
PRIORITIES:
• Improvements to the transport situation in
Moscow;
• Tube development;
• smoothing of key burdens on a city budget;
• development of railway services ;
• development of Public Private Partnership
mechanisms;
• long-term purchases of trains;
• promotion of new technologies, including
administrative;
• public transport modernisation;
TOOLS AND
MEASURES:
• Concessions, long term
purchases (lifecycle
projects) and other forms of
PPP;
• building transport
infrastructure using special
• road building, including different forms Moscow investment
of PPP.
program.
• creation of transport hubs;
• creation of a united transport system for the
whole Moscow agglomeration .
OBJECTIVES AND
PRINCIPLES:
Social sphere
(education & health)
• Promotion of private sector
growth, competition
development, quality
improvement and price
reduction, creation of new
facilities;
• attraction of foreign investors
with competencies which are
lacking or insufficient in
Moscow;
• creation of attractive projects
for private businesses
considering city’s interests.
PRIORITIES:
TOOLS AND
MEASURES:
• Reconstruction and modernisation of existing
healthcare services, using PPP mechanisms;
• Reduced leasing price
(1 rub per 1 sq. m);
• support in construction of private health services
using funds of private investors;
• subsidiaries for private
businesses providing
services for Muscovites;
• using private investment for creation of
preschool and school facilities, using PPP
mechanisms;
• attraction of private investments to high-school
and professional education;
• promotion of education programmes recognised
internationally.
• concession s and PPP
mechanisms;
• consultation and
support.
MOSCOW INVESTMENT STRATEGY 2014-2025
Industry priorities
OBJECTIVES AND PRINCIPLES:
«Traditional
industry»
«New economy»
PRIORITIES:
• Optimisation of industry
territories, increasing efficiency;
• Upgrade of existing industries and
increase in their productivity;
• increase in competitive industries;
• introduction of energy saving
technologies;
• restructuring of inefficient
enterprises.
• improvements in safety and
environment facilities.
OBJECTIVES AND PRINCIPLES:
PRIORITIES:
• Creation of well-paid and highly
productive jobs;
• Electronics, microelectronics,
nanoelectronics;
• development of knowledge intensive
spheres ;
• development of new materials,
laser-based and radiation
technologies;
• attraction of international investment;
TOOLS AND MEASURES
•
Concessions for investments;
•
elaboration and approval of
documents concerning urban areas
that cannot be redeveloped;
•
subsidies to compensate costs for
personal training.
TOOLS AND
INSTRUMENTS
•
Creation of infrastructure
for technological and
industrial parks;
•
tax privileges for residents
of science, technological
and industrial parks;
• increase in production and export of
high-technology products with greater
added value;
• aerospace complex;
• pharmaceuticals (as related to
research and development);
•
• building infrastructure for innovative
industries.
• telecommunications and
information technologies;
subsidiaries for innovative
companies;
•
consultation and support.
• other spheres.
MOSCOW INVESTMENT STRATEGY 2014-2025
Industry priorities
Public services
OBJECTIVES AND PRINCIPLES :
PRIORITIES :
• Upgrade and develop municipal
infrastructure;
• transition to financing of
engineering public infrastructure
by using funds of utility service
providers.
•
•
•
•
•
•
OBJECTIVES AND PRINCIPLES :
Urban area
• Integrated land development:
accommodation, infrastructure,
employment within walking
distance ;
• creation of economic conditions
attractive for investors
considering city’s interests;
• maintenance of cultural heritage
objects and their involvement in
the economic turnover.
Electricity, heat and gas supplies;
Develop and upgrade collector facilities;
water-pipe and canalisation facilities;
clearing and processing waste water;
unified lighting area development;
creation of network of public toilets.
PRIORITIES :
• Redevelopment of existing
territories;
• renovation of cultural heritage;
• involvement in the economic
turnover of shabby objects;
TOOLS AND
MEASURES :
• Long-term
contracts;
• Public Private
Partnership
mechanisms.
TOOLS AND
INSTRUMENTS :
• Elaboration of
redevelopment
projects;
• attracting private
investment into
renovation work and
maintaining the sites by
offering them for longterm lease;
• consultation and
support.
MOSCOW INVESTMENT STRATEGY 2014-2025
Results
OVERALL RESULTS
Investments in capital
($ US bln.)
Foreign direct investment (%)
Competitiveness index of the cities in the world (The
Global City Competitiveness Index), Moscow
2012
32,4
2016
40
2025
82
2012
15
2016
20
2025
30
2012
58/120
2016
50
2025
30-40
Opportunities for business
Private investment in
education (% to 2012)
2012
100%
2016
300%
2025
700%
Private investment in
health services (% to 2012)
2012
100%
2016
300%
2025
700%
2012
74/445
2016
60
2025
50-55
Moscow in Innovation Cities Top 100
Index
GRP per worker
(% to 2012)
2012
100%
2016
120%
2025
200%
MOSCOW INVESTMENT STRATEGY 2014-2025
REALISATION PLAN: SHORT-TERM PROJECTS (EXAMPLES)
Transport:
• Life cycle contracts to purchase rolling stock for the Metro;
• PPP in building and maintenance of Northern Back-Up for Kutuzovsky Avenue;
• Creation of transfer hubs (255 overall).
Education:
• Reduced leasing rate for private schools and kindergartens (40 objectives in 2013-2014)
Health services:
• Reduced leasing rate of 1 rub per 1 sq.m for «Doctor Round the Corner» project;
• Concession projects.
Urban area:
• Reduced leasing rate for cultural heritage;
• Old industry modernisation.
«New economy» High-tech:
•
Investment proposals and state support: Zelenograd, special economic zone, Moscow
Technopolis, innovation cluster and other infrastructure for innovative production.
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