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Leningrad region and St. Petersburg – a united macro-region for investors

29-01-2021

Leningrad region and Saint Petersburg is a united macro-region for investors.

Joint positioning of the two subjects for investors was discussed during a tripartite meeting of Economic Development Agency of Leningrad Region, Investment Management of Saint Petersburg and the National Association of Investment and Development Agencies.

Experts of the regional development agencies continue coordinated work on improvement of investment potential of Leningrad region and Saint Petersburg. Close economic ties of the two regions – common sales market, the pool of suppliers, labour potential – will be promoted as a unique advantage and a resource for implementation of investment projects.

At the end of March is it planned to organize a joint event with business to discuss the main requirements of investors in cooperation between two regions.

Executive Director, Deputy Chairman of the Board of the National Association of Investment and Development Agencies Rafael Khusyainshin initiated several proposals to strengthen cooperation between Leningrad region and Saint Petersburg, including information exchange concerning priority industries, development of a website of the macro-region and organization of Investors’ Club of Saint Petersburg and Leningrad Region, this work has already started.

Besides, it was decided to develop a joint partnership with trade representations of the Russian Federation for a joint presentation of the two regions for potential investors. And in February the employees of Economic Development Agency of Leningrad Region will visit the “one-stop-shop” for investor relations of Saint Petersburg to exchange the best practices.

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