Mikhail Mishustin visited Innoprom 2024 and spoke at the main strategic session, Technology Partnership: the Focus of International Business.
Mikhail Mishustin visits the Innoprom-2024 international industrial exhibition in Yekaterinburg. With Prime Minister of Belarus Roman Golovchenko and First Deputy Prime Minister of Kazakhstan Roman Sklyar
XIV Innoprom International Industrial Exhibition. Mikhail Mishustin, Prime Minister of Kyrgyzstan and Chief of Staff of the Presidential Executive Office of Kyrgyzstan Akylbek Japarov, Prime Minister of Belarus Roman Golovchenko, Prime Minister of Tajikistan Kokhir Rasulzoda, and First Deputy Prime Minister of Kazakhstan Roman Sklyar
XIV Innoprom International Industrial Exhibition. Mikhail Mishustin, Prime Minister of Kyrgyzstan and Chief of Staff of the Presidential Executive Office of Kyrgyzstan Akylbek Japarov, Prime Minister of Belarus Roman Golovchenko, Prime Minister of Tajikistan Kokhir Rasulzoda
XIV Innoprom International Industrial Exhibition. Mikhail Mishustin, Prime Minister of Kyrgyzstan and Chief of Staff of the Presidential Executive Office of Kyrgyzstan Akylbek Japarov
XIV Innoprom International Industrial Exhibition. Mikhail Mishustin, Prime Minister of Kyrgyzstan and Chief of Staff of the Presidential Executive Office of Kyrgyzstan Akylbek Japarov, Prime Minister of Belarus Roman Golovchenko
XIV Innoprom International Industrial Exhibition. Mikhail Mishustin, Prime Minister of Belarus Roman Golovchenko, Prime Minister of Tajikistan Kokhir Rasulzoda
XIV Innoprom International Industrial Exhibition. Mikhail Mishustin, Prime Minister of Belarus Roman Golovchenko, Prime Minister of Kyrgyzstan and Chief of Staff of the Presidential Executive Office of Kyrgyzstan Akylbek Japarov
XIV Innoprom International Industrial Exhibition. Mikhail Mishustin, Prime Minister of Tajikistan Kokhir Rasulzoda, Prime Minister of Kyrgyzstan and Chief of Staff of the Presidential Executive Office of Kyrgyzstan Akylbek Japarov
XIV Innoprom International Industrial Exhibition. Mikhail Mishustin, Prime Minister of Belarus Roman Golovchenko, Prime Minister of Kyrgyzstan and Chief of Staff of the Presidential Executive Office of Kyrgyzstan Akylbek Japarov
On 8–11 July, the International Exhibition Centre Yekaterinburg Expo is hosting the 14th Innoprom International Industrial Exhibition. It is held annually since 2010 and is the main industrial, trade, and export platform in Russia. It is organised by the Ministry of Industry and Trade of Russia and the government of the Sverdlovsk Region.
The four exhibition pavilions covering 50,000 square metres display over 900 countries in such industries as mechanical engineering, energy and metallurgy, industrial automation and IT, pharmaceutical and medical complexes. Representatives of 60 foreign countries take part in the event.
This year, the United Arab Emirates is a partner country of the exhibition, with over 40 companies from 7 UAE economic sectors demonstrating their technological potential.
Kyrgyzstan, Kazakhstan, Tajikistan, Uzbekistan and Belarus present national collaborative displays at the exhibition. Companies from Turkiye, Egypt, Belarus, Kazakhstan, Uzbekistan, Hungary and about 300 companies from China are taking part in Innoprom with individual stands.
Collective exhibitions will be presented by 25 Russian regions: the Sverdlovsk Region, Moscow, the Samara, Krasnodar, Rostov regions, the republics of Bashkortostan and Tatarstan, the Ulyanovsk and Perm region, the Khanty-Mansi Autonomous Area – Yugra, the Vologda Region, the Donetsk People's Republic, the Irkutsk, Kaliningrad, Kaluga, Leningrad, Lipetsk, Orenburg and Oryol regions, the Republic of Mari El and the Chuvash Republic, the Ryazan, Tomsk, Tula, and Chelyabinsk regions.
Every year, the exposition of innovative industrial projects of the Russian Ministry of Industry and Trade showcases cutting-edge projects and technologies in various industries at Innoprom. In 2024, the display stand features more than 70 full-scale exhibits in 10 thematic sections, each of which features advanced Russian solutions. Among them are complex product labelling systems using bottle caps and cans as an example, a hydrogen mobile refuelling complex for UAVs, a Robotic Process Automation display, industrial 3D printers, a subsurface hydroperforator drilling tunnelling rig, Russia's first industrial system for autonomous control of agricultural machinery and many other exhibits. Traditionally, the display stand represents five nominees for the Industry national award.
The display includes products of industrial flagship enterprises involving major machine-building, metallurgical, energy, IT-projects, etc. The largest booths will present JSC Sinara Group, Rostec Group, PJSC Sberbank, JSC Alfa Bank, Rosatom, JSC Evraz NTMK, PJSC KamAZ, Roscosmos, TMK, Ural Automotive Plant, SKB Kontur, GAZ Group, GKR, 1C, PJSC Transneft, NAMI, 1520 Signal Group of Companies.
The subject of the Innoprom 2024 strategic session is Technology Partnership: the Focus of International Business.
Mikhail Mishustin, Prime Minister of Belarus Roman Golovchenko, Chairman of the Cabinet of Ministers of Kyrgyzstan and Head of the Presidential Administration Akylbek Zhaparov, and Prime Minister of Tajikistan Kokhir Rasulzoda visited the 14th Innoprom international industry fair and attended its strategic session.
Mikhail Mishustin’s speech at the main strategic session, Technology Partnership: the Focus of International Business
Mikhail Mishustin’s speech at the main strategic session, Technology Partnership: the Focus of International Business
Mikhail Mishustin, Prime Minister of Belarus Roman Golovchenko, Prime Minister of Kyrgyzstan and Chief of Staff of the Presidential Executive Office of Kyrgyzstan Akylbek Japarov, Prime Minister of Tajikistan Kokhir Rasulzoda, and First Deputy Prime Minister of Kazakhstan Roman Sklyar at the main strategic session, Technology Partnership: the Focus of International Business
Mikhail Mishustin’s remarks at the main strategic session, Technology Partnership: the Focus of International Business:
Good afternoon, ladies and gentlemen, Mr Golovchenko, Mr Zhaparov and Mr Rasulzoda.
Friends and colleagues,
I want to greet all the participants and guests of Russia’s main industrial exhibition. It takes place for the 14th time already. By tradition the hospitable Yekaterinburg, Ural’s industrial centre, brought together heads of major companies from dozens of countries to let them exchange experience, expand our cooperation and reach new agreements on launching mutually beneficial investment projects. And of course, to discuss in an open dialogue further ways of developing industries in the context of modern challenges and to identify those important points of growth, where we can combine efforts, competences and resources.
Our countries, whose representatives are taking part in the forum today, have an enduring friendship and fruitful cooperation, which makes it possible to increase the number of major joint projects in meaningful areas for the benefit of our peoples.
This year, the United Arab Emirates has been designated Innoprom partner, which highlights a special nature of the friendly relations between Russia and the UAE. By the end of last year, mutual trade reached a record high, nearing 1 trillion roubles.
I would like to extend my gratitude to the UAE delegation for their extensive exhibition, which showcases the most promising developments across various industries.
The theme of our forum focuses on developing industrial cooperation, a priority not for our country alone.
It is now obvious that the policy of illegal sanctions and unfair competition is ineffective causing significant harm to its instigators.
We are set to remain actively engaged in fostering broad international economic cooperation. I want to emphasise that we are open to all who are committed to working together based on mutual trust, respect, and consideration of each other’s interests.
At the St Petersburg International Economic Forum, President of Russia Vladimir Putin expressed his readiness to establish full-scale technological and industrial partnerships with interested states, but only on equal terms.
The key priority is to strengthen ties with friendly economies. A notable example of this is the significant progress in deepening integration within the Union State of Russia and Belarus. Mutual trade turnover has set another record, and plans include launching several joint ventures in high-tech sectors.
To boost the production of high-tech products, we are developing initiatives within the Eurasian Economic Union. Achieving technological independence is a primary goal for all the member states of our union. Without this, economic and social growth cannot be ensured.
Last year, during Russia’s presidency of the union, a mechanism for financing new projects in priority sectors was approved. We have already begun selecting applications. Initially, we will allocate approximately 1.8 billion roubles from the union budget for their implementation. These funds will subsidise interest rates on loans for the development of industrial enterprises.
Critical sectors have been identified as key focus areas. These include the automotive industry, aircraft and mechanical engineering, metallurgy, radio and microelectronics, chemical and light industry, and the production of construction materials.
For the first five years, the implementation of this programme will be in a pilot phase. If the mechanism proves effective, it will be expanded and receive additional funding. This approach, which we have agreed upon, will enable our enterprises to produce competitive, in-demand products for the Union market.
We are boosting cooperation and technological leadership within the Commonwealth of Independent States and the Shanghai Cooperation Organisation. This year, for the first time, the SCO and the CIS Executive Committee have been granted official status as partners of the Innoprom exhibition. The involvement of these esteemed international associations will help boost mutual investments.
Another strategic focus is the development of cooperation with BRICS countries, which have welcomed new participants. We will formulate joint plans that reflect the growing potential of our economies.
We anticipate that Russia’s presidency this year in the CIS and BRICS bodies will create additional opportunities for implementing joint initiatives in various sectors, including the economy, industry, energy, transport, infrastructure, and agriculture.
Deepening international cooperation is particularly crucial now, during this period of global restructuring, as new centres of the multipolar world are emerging. Russia plays a key role in these processes and is successfully overcoming unprecedented sanctions.
The entire nation joined efforts: the economy, enterprises, and citizens. It is during such challenging times that self-confidence is fortified.
Our domestic industry didn’t just persevere; it maintained and even advanced its position. Contrary to predictions from our opponents, our industries are showing significant growth, steadily occupying the niches left by Western companies.
By the end of last year, the manufacturing sector grew by 7.5 percent, and in the first five months of this year, it has increased by about 9 percent. Moreover, we are witnessing a positive trend across nearly all sectors.
For instance, the production index of the radio electronics sector saw nearly a 40 percent growth from January to May, while the automotive industry expanded by about a third. The production of medicines and medical materials also increased by eight percent.
This progress would not have been possible without active participation from entrepreneurs in modernising and expanding production capacities. Business investments in fixed capital in manufacturing sectors rose by almost 20 percent over the past year, totalling approximately 4.5 trillion roubles.
To sustain this momentum and enhance the industry’s resilience against external challenges, the state is implementing a comprehensive array of system-wide measures.
A single subsidy for research and development is one of the most popular tools, with over 60 billion roubles allocated over four years. Private investments accounted for another 40 billion.
This made it possible to finance over 400 innovative projects, including in the chemical industry, the automotive industry, oil and gas, heavy engineering and many other sectors.
This year we will allocate another 30 billion for this.
Thanks to the reverse engineering programme launched two years ago, it was possible to quickly develop design documentation for several hundred critically needed components in specially created engineering development centres. Today, while visiting the exhibition, we examined the results of this work. Some of them are already being mass-produced and meet the needs of the petrochemical, energy, and medical rehabilitation sectors.
This work will surely be continued. Almost six billion roubles will be allocated for its further implementation this year.
Targeted loans are now available at low rates of 3–5 percent per annum, provided by the Industrial Development Fund, in order to upgrade and launch new high-tech enterprises. And about a third of the loan portfolio consists of small and medium-sized business projects.
Recently, another three production facilities of agricultural machinery and its key components were opened in the Rostov Region with these preferential loans. Serial production of equipment for liquefied natural gas plants in the Perm Region has been established. Assembly lines for microcircuits and chip modules for bank cards were launched in the Moscow Region. The production of unique machine tools has been mastered in the Krasnodar Region.
We have also seen certain product samples, such as agricultural equipment, at Innoprom today.
According to the decision of the head of state, we will allocate an additional 300 billion roubles to recapitalise the Federal Investment Fund over six years. This amount will almost double the total size of its allocations ceiling.
Last year we introduced a cluster investment platform mechanism to increase the volume of priority products.
In other words, these are long-term loans at low rates for the implementation of large projects. Four dozen applications have already been approved, and appropriate bank financing has been opened for half of them. Today, its volume exceeds 800 billion roubles.
By the end of the decade, we will allocate at least another 200 billion roubles to subsidise interest rates under the programme, thus helping ensure an influx of at least 10 trillion roubles of private investment into the country’s industry. This will support the production of critical chemical and metallurgical products, parts, machinery, pharmaceutical substances, and many other necessary components and materials.
A project-financing factory involving the VEB.RF development institution makes it possible to address complicated infrastructure objectives. This factory is already helping implement various projects worth over two trillion roubles. For example, we are creating fertiliser and copper production facilities, and we will consistently expand the volume of this support.
The industrial mortgage tool is in high demand among businesses. In 2023 alone, we issued over 800 soft loans worth about 83 billion roubles. This funding was used to purchase or build production facilities with an area of almost four million square metres.
We will allocate an additional 90 billion roubles for this programme over the next six years, and this will make it possible to commission another ten million square metres of industrial facilities.
We will continue to issue more affordable loans for the development of key sectors.
There are also plans to more actively involve businesses in projects aiming to create Russian equivalents of foreign engineering solutions and to launch new production facilities. With this in mind, we are set to expand the scope of the public-private partnership mechanism, so that it would also encompass the industrial sector. We have drafted the relevant bill with the Government’s involvement. The State Duma has already approved the document in the first reading. We hope that it will be passed in the near future.
Colleagues,
President of Russia Vladimir Putin has charted national development goals. All of us see this as our high-priority and long-term guidelines. In an effort to achieve technological leadership, the industry should accomplish a number of specific objectives for saturating economic sectors with state-of-the-art technologies and innovations. Consequently, Russia should join the top ten countries boasting the most impressive R&D volumes in the next six years. We should boost private R&D investment volumes by at least 100 percent; in turn, the processing sector should expand gross added-value volumes and production indices by at least 40 percent.
This important and comprehensive work will require more effective and well-coordinated efforts by the state and businesses. Nationwide cooperation chains will also have to expand, and we will deepen collaboration with our reliable partners. Many of their representatives are attending the Innoprom International Industrial Exhibition here today. For example, our Belarusian colleagues and we implement joint projects in key spheres, including microelectronics and the machine-building sector. Russia has some ambitious plans for reviving the machine-tools industry. In the next three years, we will spend almost 130 billion roubles on retooling companies manufacturing machine-tools and equipment. We will set up industrial robotics development centres. This will make it possible to convert numerous enterprises to entirely new technological patterns, and Russia will also rank among the 25 largest robot technology manufacturers.
Today, you have already seen seven companies from this sector.
We are staking on this sector because the introduction of additional automation systems directly boosts labour productivity and economic growth rates, as well as the well-being of our citizens and the social sphere.
We are preparing to launch new ambitious national projects in order to ensure technological sovereignty in the most critical for us spheres. We are currently finalising them, with due account for priorities set forth in the Russian President’s Address to the Federal Assembly.
Their list includes the Production and Automation Systems project. I have just discussed the main tasks in this segment.
Another project we are implementing is New Materials and Chemistry. We have the capability to become a global chemical leader. Our plans include the creation of 150 new enterprises.
The third project has to do with the Development of Space Sector. We will involve private businesses and increase our orbital group.
The fourth project – New Health Saving Technologies – implies focusing on breakthrough technologies to increase life expectancy and create much-needed healthcare technologies, medicines and medical products.
The fifth project – New Nuclear and Energy Technologies – stipulates the accelerated development of infrastructure and the implementation of novel solutions to enhance the reliability of energy supply in the country and provide the necessary resources to the economy and to our citizens.
Under the sixth project – Transport Mobility – we will redouble efforts to considerably increase the share of domestically made equipment in aircraft manufacturing and shipbuilding. The final decision regarding the above two sectors was adopted the other day.
All these initiatives are to be submitted to the Presidential Council for Strategic Development and National Projects by 1 September. We plan to start implementing them next year.
The implementation of the Unmanned Aircraft Systems national project began on 1 January this year. We must create an independent sector within six years.
Each project is aimed at creating new high-tech product lines with guaranteed demand, which is extremely important for business planning of long-term investment programmes.
We will continue to support other priority sectors within the existing government programmes and relevant federal projects, in particular in agriculture.
We are ready to make a substantial contribution to food security, both domestically and worldwide. We are open to increasing the delivery of everything our colleagues need in Africa, Asia, the Middle East and Latin America, from fertilisers to agricultural equipment and from food equipment to biotechnologies.
Of course, we will pay considerable attention to the training of personnel. We need to revise many approaches in education that no longer comply with modern realities, business requirements and the current level of technological development.
The labour demand forecast is huge. Manufacturing needs an additional 1.7 million personnel until 2030.
To train some many professionals, we must rally the efforts of the state, the regions and the enterprises as much as possible, including within the Professionalitet federal project. We discussed the implementation of this project in the Sverdlovsk Region with Governor Yevgeny Kuivashev today.
Friends,
We can only attain global leadership in promising industrial sectors through active technological partnership based on respect for mutual interests, of course, and without any artificial restrictions or barriers.
I invite all of you to join our comprehensive efforts at Innoprom. We will discuss any ideas and proposals related to the above projects that may be put forth during a broad expert dialogue. They will certainly help us find optimal solutions that will determine the development of our key sectors for years to come.
I am sure that together we will take a major step towards strengthening our national economies and improving the quality of life for our people.
I wish success to all participants in this exhibition. Thank you.