Investment projects in Far East attract investments of more than $6 billion
TASS
VLADIVOSTOK, October 20. /TASS/. Business residents of advanced-development territories, the Free Port of Vladivostok and of the Russian Federation's Arctic Zone invested more than 500 billion rubles ($6 billion) in implementation of investment projects in the Far East in 2026, the Primorsky Region's governmental press service said.
"Residents of the advanced-development territories, the Free Port of Vladivostok and the Russian Federation's Arctic Zone have invested 502.6 billion rubles in implementation of investment projects this year. The Primorsky Region is among the top three regions, with investments in projects amounting to 91.2 billion rubles ($1.1 billion)," the press service said. "Most investments are in industrial and infrastructure projects. The mining industry and metallurgy are leaders in terms of investments – 186.4 billion rubles ($2.25 billion). Another 147.4 billion rubles ($1.78 billion) were invested in the oil and gas and chemical industries, and 70.1 billion rubles ($840 million) were invested in construction and development. Energy is also among the most investment-intensive sectors – 40.3 billion rubles ($486 million), and logistics and transport – 31.8 billion rubles ($383 million). Thus, the five biggest sectors account for 95% of all investments that business residents have made in 2026."
Russia's Deputy Prime Minister and Presidential Envoy to the Far Eastern Federal District Yury Trutnev noted that due to the advanced-development territories, the Free Port of Vladivostok, and the Russian Federation's Arctic Zone Regime, businesses have been introducing new technologies, building new enterprises and upgrading existing ones, creating highly qualified jobs, and the Far Eastern and Arctic Regions are using received taxes to develop infrastructures and to improve the quality of life. The investor support for implementation of projects, building up the economy of the Far East and the Arctic will continue, he added.
In 2026, advanced-development territories' business residents have invested in projects 422.8 billion rubles ($5.1 billion). Business residents of the Free Port of Vladivostok have invested 44.4 billion rubles ($535 million), and investments of 35.4 billion rubles ($427 million) have been made in projects in the Russian Federation's Arctic Zone. In compliance with agreements with the Corporation for the Development of the Far East and the Arctic, residents of the advanced-development territories, the Free Port of Vladivostok and the Russian Federation's Arctic Zone have been implementing more than 3,800 projects in the Far East and the Arctic. Over the preferential regimes' term, the amount of investments has reached 6.04 trillion rubles ($72.9 billion). In the Primorsky Region, the amount of accumulated investments has made 1.19 trillion rubles ($14.4 billion).
Fonte: TASS
