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

Russia’s Siberian Federal District has signed a spread of agreements totaling nearly 500 billion rubles ($6.9 billion) at the St. Petersburg Economic Forum (SPIEF), the area’s info middle reported on Wednesday.

That is round 13% of the full variety of offers made at SPIEF, which occurred on June 2-5.

The areas of the Siberian District signed 74 agreements on cooperation, the data middle stated, including that “130 negotiations have been held, aimed at expanding the social and economic cooperation of the Siberian regions with international and domestic businesses.”

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The largest enterprise offers (over $four billion) have been struck by Kuzbass (Kemerovo Oblast). Its governor, Sergey Tsivilev, advised TASS that every one the agreed tasks can be associated to the non-resource sector, which can contribute to the coal area’s financial diversification. Plenty of investment agreements concluded by Kuzbass at the SPIEF concern the event of tourism in the area, he stated.

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