FORUM

Jun 9 2021

Russia’s Siberia attracts $7 BILLION in investment at St. Petersburg Economic Forum

Russia’s Siberia attracts $7 BILLION in investment at St. Petersburg Economic Forum

Russia’s Siberian Federal District has signed a range of agreements totaling almost 500 billion rubles ($6.9 billion) at the St. Petersburg Economic Forum (SPIEF), the region’s information center reported on Wednesday.

That is around 13% of the total number of deals made at SPIEF, which took place on June 2-5.

The regions of the Siberian District signed 74 agreements on cooperation, the information center said, adding that “130 negotiations have been held, aimed at expanding the social and economic cooperation of the Siberian regions with international and domestic businesses.”

Also on rt.com Go East! Investment guru Jim Rogers bullish on Russia’s Far East & Siberia

The largest business deals (over $4 billion) have been struck by Kuzbass (Kemerovo Oblast). Its governor, Sergey Tsivilev, told TASS that all the agreed projects will be related to the non-resource sector, which will contribute to the coal region’s economic diversification. A number of investment agreements concluded by Kuzbass at the SPIEF concern the development of tourism in the region, he said.

For more stories on economy & finance visit RT’s business section

FORUM

Russia’s Siberia attracts $7 BILLION in investment at St. Petersburg Economic Forum Russia’s Siberia attracts $7 BILLION in investment at St. Petersburg Economic Forum Russia’s Siberia attracts $7 BILLION in investment at St. Petersburg Economic Forum Russia’s Siberia attracts $7 BILLION in investment at St. Petersburg Economic Forum

Apartments News Auto News Car News Credit News Insurance News Loan News Top News Pharma News Real Estate News Rental News Travel News USA News

Written by admin


%d bloggers like this: