The total volume of investment projects implemented in the Arctic zone of the Russian Federation amounted to 35 trillion rubles, said Alexey Chekunkov, head of the Ministry of Regional Development.
"We have assessed the volume of investment projects in the Arctic zone of the Russian Federation, where 2.5 million people live, at 35 trillion rubles. 35 trillion rubles are being invested in new projects (in the Arctic)," he said at the parliamentary hearings of the Committee for the Development of the Far East and the Arctic in the State Duma.
The Minister noted that the economic future of Russia depends on the implementation of planned and initiated investment projects in the Far East and the Arctic.
Earlier, Deputy Prime Minister and Plenipotentiary Representative of the President of the Russian Federation in the Far Eastern Federal District Yuri Trutnev reported that 568 billion rubles of private investment had been invested in the Arctic. 242 enterprises have been put into operation. 16,000 jobs have been created.
Alex Shishlo, Editor in Chief of the European Bureau, Rough&Polished
