Investment agreements worth 27 billion roubles are to be signed at the 3rd Slav economic forum here on Friday. Those present will also discuss possibilities for investing money in border regions. The forum will assemble more than 500 businessmen and experts from the regions of Russia, Belarus, Bulgaria, Turkey, and other countries, an official in the the press service of the Bryansk Region government told Itar-Tass.

At a plenary session, businessmen from central regions of Russia will share their experience in attracting investmens to interregional and international projects. Participants in the session are to discuss interregional cooperation within the framework of the Union State of Russia and Belarus. Several roundtable meetings are to be held within the scope of the forum to deal with ways to attract investments to border areas, the development of small and medium-sized businesse within the scope of activities of the Eurasian Economic Union, the efficiency of innovations in the agricultural sector, forest husbandry, a rise in the energy efficiency, the development of inland tourism in border areas.

As a result of the first day of the forum, agreements on the development of and support for at least ten investment projects are expected to be signed between the regional government and investors. Those will concern the construction sector, shopping-and-entertainment facilities, investment in modernising production plants existing in the region. The aggregate value of agreements to be signed is estimated at 27 billion roubles.

Second day proceedings of the Slav investment forum will take place on the outskirts of Bryansk outside the Svensky Monastery where a traditional Svensky Fair will open to demontrate the achievements of Bryansk municipalities, enterprises and organizations. A Business Activity Centre will be set up on the meadow, with participants in the forum holding talks and signing additional agreements. The results of the forum will be summed up at the fair. Awards are to be presented to winners of the exhibition of achievements of the region’s municipal units.

Regional government officials have added that investments in the region had grown from 6.8 billion roubles in 2004 to 60.8 billion roubles in 2013. More than 100 investment projects are currently implemented in the region, with Russian and foreign companies participating. Slav economic forums have been held in Bryansk since 2011.