SPIC 2.0: state of play and potential impacts of implementation
26.02.2020
On February 25th, 2020, the AEB Modernisation & Innovations Working Group held its ad-hoc open meeting entitled ”SPIC 2.0: state of play and potential impacts of implementation”.
The meeting was focused on the challenges related to implementation of special investments contracts mechanism (SPIC 2.0) in its latest reduction, state of play and the potential impacts for investors.
The participants discussed main practical issues and concerns of business community related to, inter alia, the criteria for formation advanced technologies’ list, conducting expertise, regulatory requirements for conclusion SPIC 2.0 at federal and regional levels, assessment of public risks for investors in case of failure to reach the indicators foreseen by SPIC 2.0 mechanism.
The meeting was moderated by Michael Akim, Chairman of the AEB Modernisation & Innovations Working Group, Vice-President, ABB Russia.
Photo L-R:
Maxim Grigoryev, Partner, Head of special projects, Vegas Lex
Vadim Anikin, Leading Expert, Special Investment Contracts and Localisation Division, Industrial Development Fund (IDF)
Michael Akim, Chairman of the AEB Modernisation & Innovations Working Group, Vice-President, ABB Russia