Krasnodar Region signed 12 investment agreements worth over 58 billion rubles on SPIEF 2025 opening day

On the first day of the St. Petersburg International Economic Forum (SPIEF) 2025, the Krasnodar Region delegation signed 12 investment agreements worth more than 58 billion rubles, Governor Veniamin Kondratyev announced.

«Yesterday, our delegation finalized 12 investment deals exceeding 58 billion rubles. SPIEF offers a unique platform to strengthen Kuban’s economic potential. Today, we have a series of business meetings and further signings planned. We count on mutually beneficial and effective cooperation with our partners,» Kondratyev said.

The agreements focus on industrial development, with 6.2 billion rubles allocated to establish and expand five import-substituting manufacturing facilities. These projects will be implemented across Severskaya district, Krasnodar city, Armavir city, and Belorechensk district.

Key agreements were also signed in the tourism sector. Trilateral deals with investors and local authorities will lead to the development of three new premium recreational and wellness properties in Goryachiy Klyuch district, Mostovskoy district, and Kabardinka village in Gelendzhik city-resort. Moreover, Anapa Resort Town will see the construction of three new five-star hotels and a children’s camp.