Vladimir Bidyovka: Creating favourable investment climate in Donetsk People’s Republic is one of our priorities

On December 18, in the building of the Economics Department of Donetsk National University, a plenary meeting of the republican competition of business projects with international participation of “Investment-oriented vectors of the region’s development” was held. The event was attended by the Chairman of the DPR People’s Council, Vladimir Bidyovka, deputies of the People’s Council Irina Dianova, Marina Zheinova and Kirill Makarov, as well as representatives of relevant departments.

Giving speech before the contest participants, Vladimir Bidyovka emphasized the importance of state support for innovative projects of young professionals.

“First of all, I want to congratulate you on your debut, as this is the first time this competition of business projects to be held in the Republic. Starting something new is always not easy, but knowing that your idea is beneficial for the state and society, I’m sure the result will be positive.

I’d like to emphasize that creating a favourable investment climate and increasing the investment attractiveness of the Donetsk People’s Republic today is one of the priority tasks. This will entail the development of the region’s economy, which means it will increase the welfare of our citizens.

Unfortunately, the conditions under which the Donetsk People’s Republic is developing are still difficult to call favourable: the situation is complicated by shelling by Ukraine and the ongoing economic and transport blockades. Based on this, the search for new working methods, innovative solutions is becoming particularly relevant, and the use of out-of-the-box approaches to overcoming difficulties is an integral part of the development process,” the Speaker of Parliament said.

During the official part of the event, Vladimir Bidyovka handed presented the head of the Department of International Business and Business Administration, Doctor of Economics Olga Leonidovna Nekrasova a note of acknowledgement for organizing and conducting the Republican contest of business projects “Investment-oriented vectors of the region’s development”, stepping up of students’ entrepreneurial initiatives, developing personal qualities, social responsibility and entrepreneurial spirit in a competitive environment.

We shall add that the competition is held in the categories “Business projects of investment and innovative development of an enterprise and the region” and “Social projects”.

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