On November 30, experts of the Regional Economic Development Agency conducted a business game "Investing in Municipalities: From Strategy to Reality" on the basis of the Kaliningrad Management Institute (Bazhenova St., 4).
The business game was conceived as an instrument for practical immersion of municipal employees into the problems of investment process on the territory of municipalities of the Kaliningrad region.
In order for this event not to be confined to an academic discussion of theoretical foundations of the investment process, Kaliningrad businessmen who have immediate experience of investing in the territory of the municipalities of the region were invited to participate in the business game:
Regional Economic Development Agency was represented by three experts.
The business game was attended by representatives of all 22 municipalities of the Kaliningrad region (a total of 43 people).
The business game started with the plenary discussion "Investment Policy of a Municipality", which focused on issues the investment climate in municipal entities, goals and strategic directions of the investment policy of municipalities, the necessity and importance of involving human capital and civil society as a resource for investment development, as well as the investment standard of the Agency for Strategic Initiatives (ASI).
Then the participants of the business game were divided into two groups, the work continued in separate rooms. In each of the groups investors presented a real investment project, which is planned for implementation in one of the municipalities of the Kaliningrad Region given there are suitable conditions and a construction site there. The task of municipal employees was to evaluate and compare the benefits of municipal entities represented by them for the purpose of implementing a specific investment project, as well as defining the winner from the group and preparing a brief presentation of the most appropriate municipality.
In the course of the discussion, KREDA experts and business representatives drew the attention of the participants of the business game to the typical problems and difficulties that arise during the initial coordination and further implementation of investment projects in the territory of the municipal entities of the region.
At the end of the business game, representatives of a number of municipalities spoke about the benefits of holding such events in terms of a more complete understanding of the investment process and the establishment of contacts between municipalities and investors.
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