A venue dedicated to sambo is set to be opened in Saint Petersburg ©FIAS

A venue dedicated to sambo is set to be built in Saint Petersburg after an agreement was reached between the city and sporting goods retailer Decathlon.

The deal was signed at a ceremony held at the Saint Petersburg International Economic Forum.

International Sambo Federation President Vasily Shestakov was among the attendees at the signing ceremony, along with Saint Petersburg Governor Georgy Poltavchenko and representatives from Decathlon.

It is claimed the "unique" sports complex will be based around sambo.

Russia are the dominant nation in sambo ©Getty Images
Russia are the dominant nation in sambo ©Getty Images

Details of cost and location of the proposed new venue have not yet been released.

Russia are considered the dominant powerhouses in the sport and the construction of the facility is likely to improve the development of sambo in the country.

Sambo typically takes place in multi-sport arenas so the announcement also marks a considerable boost for the sport in Russia.

Saint Petersburg hosted the 2013 and 2008 World Sambo Championships.