Internet guide to St. Petersburg, the cultural capital of Russia Internet Explorer: add to favorites 
St. Petersburg guide / Home page
 News | Events | Playbill | City | Tourism | Accommodation | Business
 Culture | Dine & Wine | Nightlife | Family | Health & Sports | Excursions
Services | Shopping | Classifieds | Forums | Map | Weather | Articles

Personal live guide to PetersburgBusiness in St. PetersburgVisa support for your trips
 in St.Petersburg: October 16, 2017; 10:04pm (GMT+4). Search:
 Business news All business news in St. Petersburg 
Warning: current() expects parameter 1 to be array, null given in /home/webs/city.air.spb.ru/system/advert.robo on line 24
News at PetersburgCity.com
City news
Business news
Culture news
Anniversary news

Business news
Capital Investments in St. Petersburg 14% up
03.25.2002 16:12

According to Sergey Vetlugin, Vice-Governor and Chairman of the Committee of Economic Development and Trade of the Administration of St. Petersburg, in 2001, the overall volume of capital investments into the city increased by 14% to nearly $1.64 milliard. Most of the money was invested into industry. Over the year, total foreign investments in St. Petersburg reached $1.171 milliard, most investors representing the Netherlands ($410 million), the U.S. ($220 million), and Finland ($181.9 million).

According to Alexander Ivannikov, a Deputy Chairman of the Committee, over the first quarter of 2002, the administration of St. Petersburg continued its efforts to make the city more attractive to investors. Among very few Russian cities, St. Petersburg participated in the MIPIM exhibition in Cannes, presenting such public investment projects as the development of Sea Port of St. Petersburg, the Tsarskoselskaya tourist zone, and a number of private projects. Also, representatives from the St. Petersburg city administration attended an international seminar held by the Chamber of Commerce and Industry in Paris.

Mr. Ivannikov said, there were plans to create a single informational window for investors in St. Petersburg and to change the procedure of leasing real estate to investors with the inclusion of feasibility studies for projects and developing multiple investment versions. There is a suggestion to create complex programmes for the development of various areas in the city, which may also seem attractive to investors.

News source: Rosbalt
Print this news


Business news archive for 25 March' 2002.
Business news archive for March' 2002.
Business news archive for 2002 year.
City news archive
March' 2002
SuMoTuWeThFrSa
     12
3456789
10111213141516
17181920212223
24252627282930
31      
Archive for 2002 year


 News | Events | Playbill | City | Tourism | Accommodation | Business
 Culture | Dine & Wine | Nightlife | Family | Health & Sports | Excursions
Services | Shopping | Classifieds | Forums | Map | Weather | Articles

Site Map | Search | Help/feedback | About | Advertise with us

Contacts: info@petersburgcity.com

(c) 2001-2016 "Information Resources" Agency