The Government of Saint-Petersburg
Fiveysky Sergey
The first deputy of the chairman of the Committee for Economic Development,
Industrial Policy and Trade
•
•
•
•
2
Saint Petersburg
Population – 4.6 million p.
Human resources – 3 million p.
Territory – 1439 km²
Area of industrial zones is 240 km²
Investor Appeal
Moody's
Baa2 (stable)
Moody's
Standard &
Interfax
Poor's
Rating Agency
Aaa (rus)
BBB(positive)
FITCH
agency
Fitch Ratings
BBB(positive)
ВBB- (stable)
In November 2006 Saint-Petersburg was awarded first places in the following
nominations upon appraisal of the Russian-biggest independent rating agency
“Expert RA”:
• “For Minimal Investment Risk in 2005/06”
• “For High Effectiveness of Regional Administration”
3
St. Petersburg’s Gross Regional Product
43.0
bln.USD
45
36.1
40
35
25.2
30
25
20
8.2
15
10
5
0
2000
4
2005
2006
(estimation)
2007
(estimation)
Socioeconomic Indicators in 1st half of the year 2007
Measurement 1/2 year
units
2007
In % as compared to
year 2006
Turnover of entities
bln.USD
63,8
136,8
Turnover of retail commerce
bln.USD
9,7
118,3
Amount of paid services to the public
bln.USD
4,3
107,2
Amount of services of public carriers
bln.USD
3,5
116,6
Amount of communication services
bln.USD
1,9
123,7
Commissioning of residential houses
thousand
sq.m.
1,13
132,5
Amount of fixed-capital investments
bln.USD
4,3
121,7
5
St. Petersburg’s Industry
34%
32%
9%
1%
3%
Food industry
Machine building and metal processing
Electrical power industry
Metallurgy
Industry of construction materials
Light industry
Other
6
11%
10%
Transport Logistics
7
Major Infrastructure Projects Underway in
St. Petersburg
«Sea Passenger Terminal»
Project timeline:
2004-2009
«Western Meridian
Speedway»
Project timeline:
2005–2011
8
«Orlovsky Tunnel»
Project timeline:
2005–2010
«Elevated Express
Railway»
Project timeline:
2005–2010
Culture
The historical centre of St. Petersburg
is included by UNESCO in the List of the world heritage.
9
Technological Innovation Centers in St. Petersburg
CJSC “Innovations of
Leningrad Institutes
and Enterprises”
GOI (State Optical
Institute) named after
S.I.Vavilov
“New Materials and
Technologies”
“Aerokosmicheskiy”
“Baltiyskiy”
10
Center of the Regional Fund for
Scientific and Technical Development
of Saint-Petersburg
Fund “TVN”
City Coordination Center
Technopark of LTA
“High Technologies in
Medicine”
“Artes”
Special Economic Zone in St. Petersburg
«Novo-Orlovskoe»
St. Petersburg
«Neudorf»
11
Main Investment Projects in Industry
Nissan
Pepsi-Cola
Baltika
Sea port
BAT
JTI
Wrigley
General Motors
Suzuki
Bosch-Siemens
Elcoteq
12
Severstal
Toyota
Coca-Cola
Toyota Car Factory
Project timeline:
2005 – 2007
Investment:
USD 150 million
13
General Motors Car Factory
Investment:
USD 300 million
Project timeline:
2006 - 2008
14
Nissan Car Factory
Project timeline:
2006–2008
Investment:
USD 200 million
15
Suzuki Car Factory
Investment:
USD 115 million
Project timeline:
2007–2009
16
Saint-Petersburg Government Incentives
for Investments in the City
• Guarantees of the City Administration
• Saint-Petersburg makes investments
in territory infrastructure predevelopment
• Tax incentives for the investors
• Individual maintenance of investment
projects
• Special regimen for businesses in
special economic areas
17
Investment in 2000 – 2006
Total volume foreign investment
mln.USD
5300
6000
5000
4000
3000
2000
1159
1171
1417
881
695
985
1000
0
2000
18
2001
2002
2003
2004
2005
2006 year
•
•
•
•
•
Political and Economical Stability,
City of Growing Economy
Potential sales market is 10 mln.
people of the North-Western region
High investment ratings: the city
scored a BBB- rating (from Standard
& Poor’s rating agency) and Ba2
(from Moody’s rating agency)
Tourist center of the North-Western
Europe
Russian-highest concentration of
technical and engineering universities
Why St. Petersburg?
• Geographic location: located in European part
of Russia, has sea port, railroad connection to all
Russia, developed road network
• Developed industrial center
• Possesses developed information and
communication infrastructure
• Offers different types of governmental support
of investment activities (guarantees, tax
incentives)
19
Fiveysky Sergey
The first deputy of the chairman of the Committee for Economic Development,
Industrial Policy and Trade
16, Voznesenskiy Av.,
St. Petersburg,
190000 Russia
Tel.: +7 (812) 570 37 47
Fax: +7 (812) 314 41 66
s.fiveysky@cedipt.spb.ru
www.cedipt.spb.ru