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On Tuesday, April 26, the Toyota Motor Corporation will present its investment project in St. Petersburg
The city administration informed RIA Novosti that the presentation ceremony would be attended by German Gref, Russia's economic development and trade minister, Tokuichi Uranishi, executive vice-president of the Toyota Motor Corporation, and Valentina Matviyenko, St. Petersburg's governor. The presentation will he held within preparations to the implementation of Toyota Motor's investment project for building its automobile plant in Russia. The new plant is to be built in St. Petersburg, in the industrial zone of Shushary. Previously, Svetlana Ganeyeva, director of the economic development and trade ministry's department for investment policy and state investments, told journalists that in the first years of the plant's operation in St. Petersburg, the Toyota Motor Corporation is planning to manufacture up to 25,000 automobiles a year and later boost its output to 100,000 cars a year.
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