Digital tech and major infrastructure projects reshape Russia's future map
Alexander Vedyakhin attended Perm Forum of Urban Development 'Cities of the Future'
During the forum, Alexander Vedyakhin described the High-Speed Railway (HSR) project as a catalyst for long-term economic growth.
Alexander Vedyakhin, first deputy chairman of the Executive Board, Sberbank:
"The High-Speed Railway project is unprecedented for Russia. Beyond job creation, this initiative will deliver lasting social benefits: improved transportation accessibility will provide regional residents greater opportunities for education, healthcare services, and cultural engagement nationwide. This will enhance living standards and reduce disparities in development levels between capital cities and regions. From any angle you look at it, it's the biggest concession deal ever in the history of the Russian Federation. Whether measured by financial investment or number of participants. Around 1,000 signatures were affixed under the documentation for its financing. Constructing the high-speed railway will rely heavily on domestic innovations combined with international expertise, notably from China. Potential escalation of sanctions does not appear critical, nor would easing restrictions significantly impact construction speed. The project emphasizes import substitution of technologies and further enhancement of specifically Russian expertise."
Alexander Vedyakhin spoke about the role of AI in shaping the city of the future and its impact on regional economy.
Alexander Vedyakhin, first deputy chairman of the Executive Board, Sberbank:
"With active implementation of AI, the Gross Regional Product (GRP) increment for Perm Territory in 2030 will reach RUB 181.3 bn. Manufacturing industries will benefit most, gaining RUB 64.7 bn, followed by mining (RUB 52.9 bn), and commerce (RUB 15.7 bn)."
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