Nina Oding

Abstract

The paper addresses problems relating to the investment process in a region. By evaluating this process it is possible to obtain a picture of specific features and vital areas for FDI in St. Petersburg. Traditionally, the investment needs of the St. Petersburg economy have been reflected in city plans and programs. A new form of strategic planning allows the city's administration and the rest of the urban community to join forces in transforming employment patterns, technologies and the urban environment. In addition, an Investment Strategy for the Rehabilitation of the Centre of St. Petersburg (1999) has been developed on the basis of the Strategic Plan.

Keywords: investments, St. Petersburg economy, Strategic Plan

Nina Oding, ICSER "Leontief Centre" Per. Antonenko, 6 b, St. Petersburg, Russia, 190000