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PM Ratas: Our future and prosperity depend on how effective and innovative we are

"Digital solutions can make our economies grow, make governments more effective and make the world a better place," Prime Minister Ratas said at World Government Summit in Dubai, adding that in Estonia we have been witness to all that.

Ratas described how after regaining its independence in 1991, Estonia had to start everything from the beginning. “We soon understood that our future and prosperity depends on how effective and innovative we are,” he said.

“Estonia’s public sector has been developing its digital capabilities for 20 years, we have been innovative and open. This, in turn, has helped our economy grow and has supported economic development and social cohesion.” This does not, however, mean that Estonia will stop here.

“Everything that a person is entitled to get from the government, he or she should get automatically,” PM Ratas presented a vision of the future. Of course, future public services will be influenced by the further development of technology. “Our public sector already has services that are based on automatic data collection or artificial intelligence,” Mr. Ratas stressed, adding that “digital bridges” are being built with other countries and regions. “This can help us share knowledge and experiences and thus fasten economic growth and create new jobs.”

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What is it like to run a business in Estonia? How to benefit from the e-solutions and the efficiency of our business culture? What are the opportunities in specific sectors? Who to partner up with?

The Estonian Investment Agency’s team is happy to help you via its complimentary e-Consulting service, organize online or offline follow-up events such as virtual investment visits and guide you through the fairly simple process of investing in Estonia.

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