VEB.RF Presents a Unique Geoanalytical Platform at BRICS Workshop

6 august 2021 года
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VEB.RF Chief Managing Director for SME and Procurement Marina Romanova presented to the participants in the BRICS workshop on smart cities GeoVeb, a geoanalytical system to support the urban economy and create a comfortable urban environment.

The workshop on smart cities was held during India’s presidency of BRICS and was attended by representatives of relevant ministries responsible for housing and construction policies, experts and heads of non-profit organisations.

Urban amendments will affect all areas, with a primary focus placed on developing an innovative decision-making approach. In changing global environment, indices and indicators become powerful tools for all participants in social and economic relations. Scientific management of urban processes can be conducted by public authorities and state corporations subject to the availability of reliable data obtained from the analysis of socio-economic development indicators.

Marina Romanova presented to the workshop participants certain functions of the GeoVeb online platform. The system includes more than 200 socio-economic development indicators, more than 100 spatial data indicators, 17 urban development areas, statistical data and demographic development indicators. Additionally, the analysis contains comprehensive qualitative and quantitative assessments of available social infrastructure, and marketing research data on real consumption of goods and services (700 goods categories and 100 services categories).   

This large information aggregator allows the users to select and evaluate the efficiency of urban investment solutions including areas such as healthcare, education, waste treatment, improvement of public spaces, public transport, housing, small businesses, tourism etc.  

The GeoVEB system helps to analyse the current state of Russia’s 100 major cities, evaluate their investment potential in priority areas, assess the contribution of a specific investment project to implementing national projects and achieving the national development goals, and evaluate the impact of an investment project on the quality of urban environment.   

“Using the GeoVEB system in building up the urban project portfolio will help to form effective partnership between the VEB.RF Group and regional and local government authorities. Due to the measurement mechanisms embedded in the system we have a powerful tool to evaluate the quality of managerial decision-making, which means we are able to influence the ongoing developments,” Marina Romanova emphasised.


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