St Petersburg to receive 97 bln roubles in investments.

ST.PETERSBURG, June 19 (Itar-Tass) - St. Petersburg will receive
almost 100 billion roubles worth of investments according to agreements
signed at the St. Petersburg Economic Forum that ended on Saturday.
St. Petersburg Governor Valentina Matviyenko told journalists that 97
billion roubles worth of investments would flow into the city's economy in
the next few years thanks to the signed contracts.
She added that the government of St Petersburg had signed 10
contracts. The foundation was laid down for two automobile plants and the
pharmaceutical enterprise Novartis.
"I am very pleased that we actively advance the pharmaceutical
cluster. We will have to create research centres in the process of its
development. We need to get innovative products," Matviyenko emphasized.
The governor also said that a new shipbuilding yard that would be able
to produce any ships would be built in St. Petersburg.
A number of companies will participate in educational programs,
Matviyenko emphasized.