Saint Petersburg presents its investment potential in Munich
From 7th to 9th October at exhibition of Real Estate ExpoReal in Munich Saint Petersburg presents the possibility that the City offers to European business. At the stand of the city represented investment policy and long-term projects which will be implemented at the expense of investors. On the first day of exhibition Saint Petersburg has signed agreements for a total amount of 75 billion rubles.
The opening ceremony of the stand of Saint Petersburg on ExpoReal exhibition was held with the participation of the Minister of Regional Development of the Russian Federation Igor Slyunyayev, Vice-Governor of St. Petersburg Marat Oganesyan, State Secretary of the Ministry of Transport, Building and Urban Development of Germany Rainer Bomba, and also Head of the Minister’s Office Bavarian Ministry of Economic Affairs, Infrastructure, Transport and Technology Hans Schleicher. Igor Slyunyaev noted that Saint Petersburg is a leader among the regions in different areas of investment policy: it was in Saint Petersburg implemented major multicomplex projects, and this year, the City Government introduced a portfolio of projects aimed at developing of infrastructure.
Vice-Governor of Saint Petersburg, Marat Oganesyan, in turn, said that since 2003 foreign investment in Saint Petersburg has grown more than 15 times in the first half of 2013 amounted 6 billion dollars. Increasing the investment attractiveness and quality increase investment in the region's economy – is one of the key areas of the Government of Saint Petersburg, and the City is open to foreign investors. The concept of the stand of Saint Petersburg includes the presentation of the investment policy, the key sectors for investing, business support measures, the portfolio of new projects that will be realized with funds of investors, as well as projects that have already been successfully implemented in the City.
-In the current macroeconomic situation, regions and cities of the world are especially important to promote the investment potential in the context of growing competition for investors. ExpoReal exhibition opens up the opportunities for the positioning of Saint Petersburg as an attractive area for business. We focus both on the foreign and russian business, for which the City created the most comfortable conditions - said Marat Oganesyan.
During the exhibition, two agreements were signed between the Government of Saint Petersburg and investor companies. There are "Regions" Group with the project of the DreamWorks Theme park and "S-Fruit Alliance", which will build in Pulkovo innovative logistics center of agricultural production. The total investment amount for the projects as it was mentioned in the documents is 75 billion rubles.
The exhibition will last till October 9th. During this time, the stand of Saint Petersburg will pass business events with the participation of russian and foreign companies representatives, as well as representatives of the executive powers. During the roundtables will be discussed tendency in the market of commercial real estate in Saint Petersburg, mechanisms of implementation of PPP projects and the development of infrastructure as the foundation of qualitative redevelopment areas.