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GREAT RUSSIA

North-West

St Petersburg

The world's northernmost city of over a million people, and the maker of more than half of Russia's steam turbines.

St Petersburg combines a Baltic port, a strong industrial base - shipbuilding, turbines, pharmaceuticals - and one of the world's great tourist destinations. It ranks third in the 2026 National Investment Climate Rating. The St Petersburg SEZ and more than 15,000 hectares of industrial zones offer sites for manufacturing, while large infrastructure projects around Pulkovo airport and new highways create opportunities for co-investors.

Population
5.7M
Gross regional product
₽12.9T
National investment climate rating
#3 (2026)

Key industries

  • Manufacturing
  • Ports and logistics
  • Shipbuilding
  • Pharma
  • High-tech
  • Tourism

Special zones

  • St Petersburg SEZ (337 ha)
  • Industrial zones of 15,600 ha

Flagship projects

  • Pulkovo airport development (₽198.9B)
  • Toll high-speed highway (₽241.3B)
  • ITMO University campus (₽29.6B)
Regional investment portal

Sources: [1] [2] [3]

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