Conference "Boosting investments - which and how?"
The profits of companies in tradable sector have been declining since 2013 which has reduced one potential source for investments. Foreign direct investment (FDI) growth has been fallen by half in recent years. As retained earnings and FDI are important sources for funding technology transfer, innovation and R&D, these developments represent a considerable risk. This is particularly important because the allocation of investments in Estonia is inefficient as most funds have been geared towards capital-intensive production with relatively low value-added. Furthermore, investments in intangible assets and R&D are low in Estonia and are heavily dependent on the EU structural funds. The allocation of EU structural funds will be probably decreased after 2020. Therefore, the conference will explore the current environment and policy options for increasing investments in high value added businesses and improving the allocation of investments in Estonia.
16th June , 2017
Swissotel Tallinn
Tornimäe 3, Tallinn
PROGRAMME
| 9.30 | Registration and Coffee |
| 10.00 | Welcome and introduction Urve Palo, Minister of Entrepreneurship and Information Technology Henry Kattago, Strategy Director, Government Office |
| 10.20 | Key note speech: improving investments in the European Union Guest speaker from the European Commission – to be confirmed. |
| Session I. Policies for Improving Investments in Estonia | |
| 10.50 | About increasing investments Madis Müller, Deputy Governor, Bank of Estonia |
| 11.10 | Government activities for improving investments Lehar Kütt, CEO, KredEx |
| 11.30 | Boosting investments, boosting growth Christian Kastrop, Director of the Policy Studies Branch, OECD |
| 11.50 | Questions, Discussion |
| 12.00 | Lunch |
| Session II. Where does the money come from? | |
| 13.00 | Raising money – practitioner`s view Taavi Madiberk, Skeleton Technologies, Chief Executive Officer, Co-Founder |
| 13.20 | Investments in R&D: the experience of Chemi-Pharm Ruth Oltjer, CEO, Chemi-Pharm |
| 13.40 | What Estonian companies’ investments projects tell us? Heiki Raadik, Member of the Board, Executive Manager of Corporate Banking, Swedbank |
| 14.00 | Questions, Discussion |
| Session III. Panel Discussion: How to Encourage Investments and foster GDP growth? | |
| 14.15 | Christian Kastrop, Director of the Policy Studies Branch, OECD Margus Kohava, Member of Management Board, EstFor Invest Bioefinery Martin Lindpere, Economic Adviser to the Prime Minister Moderator: Keit Kasemets, Head of the European Commission’s representation in Estonia |
| 15.20 | Closing remarks |