Maxim Reshetnikov assessed the potential of the Jewish Autonomous Region for investment growth and development of creative industries

Translation. Region: Russian Federal

Source: Ministry of Economic Development (Russia) – Ministry of Economic Development (Russia) –

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As part of a working visit to the Jewish Autonomous Region, Russian Minister of Economic Development Maxim Reshetnikov met with the acting governor of the region, Maria Kostyuk. During the visit, key areas of economic development in the region were discussed, including support for small and medium-sized businesses, the implementation of large investment projects, as well as prospects for the development of tourism and creative industries.

"The Jewish Autonomous Region is demonstrating steady economic growth. Over the past five years, mineral extraction here has increased by an average of 1.4% per year, which is significantly higher than the national average. Industrial production in the first five months of this year grew by 8%, with an average growth of 3.7% in the country. The region occupies a good position in terms of investment activity thanks to such projects as the construction of a main gas pipeline, a transport and logistics complex, and the implementation of 17 major investment initiatives," said Maxim Reshetnikov.

Particular attention was paid to the development of small and medium-sized businesses. Currently, the region has submitted an application to the Ministry of Economic Development to create an industrial park as part of the federal SME support project. It is planned that 21 residents will be located on its site, which will create 700 new jobs. In addition, with the help of the instruments of the participants of the National Guarantee System, small and medium businesses of the region in the first half of 2025 attracted about 90 million rubles for the development of projects, and an additional limit of "umbrella" guarantees of the SME Corporation within the special limit for the Far Eastern Federal District will allow entrepreneurs to gain access to loans in the amount of at least 460 million rubles.

An important topic of discussion was the development of tourism. In the first five months of this year, the number of tourist trips to the region increased by 1.5 times. As part of the national tourism project, the region received 30 million rubles in subsidies, which were used to equip a campsite and modernize a ski resort. Another 90 million rubles are allocated for these purposes in the next three years.

During the visit, Maxim Reshetnikov visited the Foma ski resort, a large sports and entertainment facility that operates all year round. The complex includes ski slopes, ski lifts, a skating rink, a swimming pool and playgrounds, attracting guests not only from the Jewish Autonomous Region, but also from neighboring regions.

The Minister also took part in the presentation of creative and tourism projects, where he noted the significant potential of the region in the creative economy.

"The share of creative industries in the region's economy is 1.8%, and the region has every opportunity for growth. A regional law on support for creative industries has already been adopted, new projects are being created, such as the fashion industry cluster in Birobidzhan and the capsule clothing collection "Ozarai EAO", reflecting the cultural heritage of the region," emphasized Maxim Reshetnikov.

During the meeting with business representatives, measures to support creative entrepreneurs were discussed, including financial, property and educational instruments. The Minister also noted the importance of developing the export potential of creative products, given the region's proximity to the markets of the Asia-Pacific region.

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