St. Petersburg is going to attract up to 40 billion rubles of investments to the city's economy on the basis of the agreements signed within the framework of the International Economic Forum.

      "About 40 billion rubles are planned to invest in the economy of the city (on the basis of the St. Petersburg International Economic Forum - IF)," - the governor of St. Petersburg Georgy Poltavchenko told reporters on Friday.

      He added that the total number of participants and companies in the forum increased by 10-15% compared to last year.