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The government is set to finance the construction of several important objects in the Far East

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The government is set to finance the construction of several important objects in the Far East

The Russian government has taken the decision to finance the construction of objects within the framework of three investment projects in the Far East.


As the Ministry for Development of the Russian Far East said today in a press release, two projects will get infrastructural support – at Kamchatka and in the Magadan region.

Pig-breeding is being developed at Kamchatka, as well as the construction of a brewery. In the Magadan region, the authorities are endorsing the project of a mining and processing enterprise on the basis of the Natalkinskoye gold ore field.

The total amount of private investments in the three projects will be 91.5 bln roubles, and the establishing of the necessary external infrastructure will cost 10.2 bln roubles. Within the course of the projects’ realization, 2,000 jobs will be created.

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