Business
Agreements worth RO31.756 billion signed at SPIEF

The 28th St. Petersburg International Economic Forum (SPIEF), one of the largest economic events in Russia focused on global and regional economic processes, market transformation, new technologies, the investment climate, financial policy, and people. The Forum is unique in terms of its applicable significance, since it is a platform where practical decisions are made, innovative large-scale projects are launched, real investment agreements are signed, and experts share their experience, forecasts, and strategic initiatives. The Forum was organized by the Roscongress Foundation.
Agreements Signed
At the Forum, a total of 1,084 agreements were signed for just over RUB 6.481 trillion (RO31.756 billion)
The biggest agreements were:
- NatsProektStroy Group and VEB.RF Development Group signed an agreement on the investment of roughly RUB 1 trillion in the portfolio of specific promising projects during the period until 2030
- Russian Railways and Alfa-Bank signed an agreement on a credit facility with a limit of up to RUB 400 billion that will be used to finance investment projects for the development of railway infrastructure, including the acquisition, repair, and modernization of fixed assets
- The City of St. Petersburg and United Shipbuilding Corporation signed an agreement on the reconstruction of the Severnaya Verf in St. Petersburg. Roughly RUB 300 billion will be invested in the construction of the new shipyard by 2030
- The Krasnodar Territory, Technopromexport (Rostec State Corporation), and the Krymsky District Municipality signed an agreement on the construction and expansion of power units at the Udarnaya Thermal Power Plant. Total investment in the construction and expansion of the plant will amount to more than RUB 200 billion
- The Leningrad Region and IvaMaris signed an agreement valued at RUB 197.7 billion on the construction of a gas chemical plant in the Kingiseppsky District of the Leningrad Region (near the port of Ust-Luga), which aims to strengthen the region’s industrial infrastructure
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