Translation. Region: Russian Federation –
Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
Vladivostok, January 4 (Xinhua) — Over the more than 10 years of the existence of the Advanced Development Areas (ADAs) in the Russian Far East, investors have poured nearly 7.9 trillion rubles (approximately $100 billion) into the region, creating 95,000 jobs. This was announced recently in a written interview with Xinhua by Alexey Chekunkov, Russian Minister for the Development of the Russian Far East and Arctic.
A. Chekunkov noted that the first priority development areas (PDAs) were created in the Far East in 2015. Currently, 870 projects are being implemented in 16 Far Eastern PDAs in housing construction, logistics, services, tourism, oil and gas chemicals, mining, medical and aviation industries, forestry, fish processing, and other sectors. He noted that 7.9 trillion rubles in investment have been attracted, of which over 3.9 trillion rubles have already been invested, and 321 enterprises have been commissioned.
The oil and gas and chemical industries lead in terms of investment volume, with approximately 1.9 trillion rubles invested in projects, the minister clarified.
"Investors implementing new projects in priority development areas receive tax breaks and administrative incentives, land, and infrastructure. Companies have the opportunity to use the free customs zone procedure and attract foreign workers outside of quotas. The Far East and Arctic Development Corporation interacts with investors through a one-stop shop, providing marketing and information support, assistance in establishing cooperative ties, and recruiting talent," explained A. Chekunkov.
"There are currently four priority development areas operating in Primorsky Krai: Primorye, Bolshoy Kamen, Mikhailovsky, and Nakhodka," the minister said. "Their main specializations are shipbuilding, gas chemicals, logistics, processing, and agriculture."
A. Chekunkov added that the hallmark of the Bolshoy Kamen priority development area is the Zvezda Shipbuilding Complex (SSC)—a high-tech, large-capacity shipyard designed to build ships and marine equipment with a displacement of up to 350,000 tons. Russia's first icebreaking tanker, the Alexey Kosygin, built at the Zvezda Shipbuilding Complex, departed Bolshoy Kamen Bay in December 2025 on its maiden voyage along the Northern Sea Route. Following successful sea and gas trials, the vessel was handed over to the customer, PAO Sovcomflot, for the Arctic LNG 2 project.
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