Comprehensive support measures are aimed at stimulating investments in the economy of St. Petersburg

On May 16, a round table on the topic "Practical aspects of concluding and executing lease agreements on investment terms in the implementation of investment projects in St. Petersburg" was held at the Nevsky Town Hall. The event was organized as part of the meeting of the working group of the St. Petersburg Investment Committee "Improvement of investment activity" of the Headquarters for Improving business conditions in St. Petersburg.
The importance of creating a comfortable investment climate and improving working conditions for investors was emphasized by Governor Alexander Beglov during his presentation to the deputies of the Legislative Assembly of St. Petersburg.
The participants of the seminar – representatives of the business community of St. Petersburg - had the opportunity not only to replenish their knowledge on the mechanisms of implementation of investment projects, but also to express initiatives to optimize the organizational component of investment processes.
"Last year, the Regional Investment Standard was successfully implemented in St. Petersburg. One of the elements of the RIS is a set of investment rules, and it is important for us to raise awareness of entrepreneurs about the procedures and algorithms necessary for the implementation of investment projects," said Ivan Skladchikov, Chairman of the Investment Committee of St. Petersburg, welcoming the participants of the seminar.
Marina Shatrova, Deputy Director for Territorial Development of the Investment Management Committee, spoke about new tools to support investors. Among the significant measures are changes in the investment legislation of St. Petersburg, adopted in March 2024, according to which the minimum investment thresholds for certain areas of activity were lowered: up to 750 million rubles in projects in the field of science and sports; up to 1 billion rubles in projects in the field of innovation, tourism (including hotels and sanatoriums) and health care. For the development of industry and the transport and logistics complex, the threshold has been maintained at the level of 2 billion rubles, which corresponds to the current needs of potential investors and the willingness of the city to provide land for industrial enterprises.
In addition, in 2023, a law was passed according to which investors can obtain a building, an object of unfinished construction from the city's property without bidding, if they are engaged in its reconstruction and adaptation for modern use — they will create a medical facility there, a pre-school education facility from 160 places or secondary general education for 550 places or more.
Also last year, the Investment Committee developed the entire regulatory framework for concluding agreements on the protection and promotion of investments (NWPC). This mechanism is actively presented on the Investment Portal of St. Petersburg and on the basis of a "Single window" for investors. NWPC protects investors from changes in legislation and subsequently provides an opportunity to receive a subsidy for reimbursement of costs for the creation of related and supply infrastructure within the framework of the project.
In April 2024, the first large-scale investment project (MaIP) in the production of laser equipment for metal cutting was concluded in St. Petersburg. This is a relatively new mechanism that allows you to get land without bidding to launch an industrial enterprise. For the MAIP, the investment bar is from 350 million rubles, during the construction period the rent is 1 ruble per square meter.
One of the five elements of the Regional Investment Standard, the Investment Card, provides entrepreneurs with the opportunity to get acquainted with free investment sites in the city online.
During the seminar, experts from the St. Petersburg Property Relations Committee and the State Administrative and Technical Inspection highlighted certain issues of the execution of land lease agreements on investment terms.
The participants gained practical knowledge on documentation and re-registration of land rights at the end of the lease agreement on investment terms.