Mayor of St. Petersburg meeting with investors

25.12.2014: Mayor of St. Petersburg meeting with investors to discuss introduction of measures to improve the city investment climate, reduce the time for government approval of new projects
Georgy Poltavchenko, Mayor of St. Petersburg
Irina Babiuk, Head of the Committee for Investment, St. Petersburg
Maksim Meyskin, Chairman of the Committee for industrial policy and innovations, St. Petersburg
Mikhail Demidenko, Chairman of the Committee for Construction, St. Petersburg
And also investors working in the following spheres: development and construction, transport infrastructure, car manufacturing, banking sector, food production, medicine etc.
Discussion is moderated by: Aleksander Olkhovsky, Vice-president, Managing Director VTB Bank
Partner of the event: ARE

Georgy Poltavchenko mentioned that currently a company has to spend 8 months undergoing 17 procedures to get a government permission for construction. The Mayor said that the city government aims at reducing this time to 130 days, and in 2018 to 78 days.
Georgy Poltavchenko also told about the plans to develop transport infrastructure in the south of St. Petersburg. Two light rail roads will be built from Kupchino metro station to Pulkovo airport and from Baltic Pearl residential complex to Kirovsky Zavod metro station. The construction should be completed till the 2018 FIFA World Cup. One more initiative already introduced is bus lane from Pulkovo airport to Moscovskaya metro station. And till 2016 the government plans to build the bus lane to Zvezdnaya metro station.