MONTLY INFORMATION DIGEST

ECONOMIC DEVELOPMENT OF
THE FAR EASTApril 2019

KEY TOPICS• A delegation from Italy to• E-visas spread to• The Ministry for thetake part for the first time in theEastern Economic Forumthe Republic ofBuryatia and theTrans-Baikal Territory

Development of the Russian Far
East has proposed expanding theKuril Advanced Special Economic
Zone for new investment projects

EASTERN ECONOMIC FORUM NEWS18 April 2019, TASSA delegation from Italy to take part for the first time in the Eastern Economic Forum

A meeting has taken place in Moscow between Advisor to the President of the RussianFederation Anton Kobyakov and Italian Ambassador to the Russian Federation Pasquale
Terracciano. The discussion covered participation by an Italian delegation in the St. Petersburg
International Economic Forum (6–8 June) and the Eastern Economic Forum (4–6 September).
The Italian Ambassador highly appraised the quality and standard of the international
events held in Russia with the support of the Roscongress Foundation, noting their role indeveloping the co-operation between the countries.
tass.ru/ekonomika/6347914
11 April 2019, TASS

National Development Programme for the Far East to be presented to Vladimir Putin at EEF
2019
The National Programme for the Development of the Far East 2025 is the crucial topic of
the 5 Eastern Economic Forum. Alexander Kozlov notes that the anniversary Forum is to pay
tribute to its history, to highlight the EEF contribution to the development of the Far East, to bringhome the key accomplishments.
The head of the Minister for the Development of the Russian Far East noted an ever-strong
foothold of the Forum as the most established international platform for discussing the regional
agenda. The Minister also emphasized that EEF 2019 is to become a platform for bilateralmeetings of intergovernmental commissions with Asia-Pacific Region countries.
tass.ru/ekonomika/6325767
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ECONOMIC DEVELOPMENT OF THE RUSSIAN FAR EASTTGOVERNMENT POLICY IN THE FAR EAST
18 April 2019, RIA Novosti

E-visas spread to the Republic of Buryatia and the Trans-Baikal Territory
Dmitry Medvedev signed a resolution extending the simplified visa regime to the Republicof Buryatia and the Trans-Baikal Territory. Ulan-Ude and Chita airports are to take in tourists withe-visas starting from 1 June 2019. Citizens of 18 countries are eligible for electronic visas to visit
the regions.
The simplified visa regime has been in effect in the Far East since August 2017. During thistime, more than 54,000 tourists from 15 countries have visited the Far Eastern regions on e-visas.
ria.ru/20190418/1552803338.html
3 April 2019, Vesti

State Duma approves cruise ship rules for the Far East and the Arctic
The new document specifies points and ports where foreign ships are allowed to embark
and disembark tourists. It is to expand the routes and contribute to the development of cruise
tourism in the region.
vesti.ru/doc.html?id=3133279

ECONOMY OF THE FAR EAST
29 April 2019, Interfax

Three billion roubles of investments for trepang and scallop farming project in Primorye
Territory
The resident of Vladivostok Free Port Hyperion Company together with Chinese partners
from Dalian Shangpintang are to launch a complex for farming, processing and selling sea
cucumber, scallops and laminaria. The budgeted production volume is 400 tons per year. The
facility is to generate 200 new jobs. The first stage calls for 500 million roubles of investments. If
successful, trepang and oysters farms are to receive an additional three billion roubles.
interfax-russia.ru/FarEast/news.asp?id=1026837
26 April 2019, Interfax

Zhatai Shipyard to generate 700 new jobs in Yakutia
The construction of the strategic Zhatai shipyard project has been launched. Aftercommissioning, the facility is to enable stable cargo transportation by inland water transport in theLena river basin and the Arctic zone of the Russian Federation, including the Northern Sea Route.
The shipyard will employ about 700 people, train and send them to exchange best practices withthe Northwest of the country.
interfax-russia.ru/FarEast/main.asp?id=1026335
24 April 2019, Interfax

The construction of the second stage of the Amursk POX Hub launched
Polymetal has begun construction of POX-2. The company envisages the end ofcommissioning and first production by 2023. The project will create more than 400 permanent jobs
and bring about 1.3 billion roubles a year to be budget of the Khabarovsk Territory. The plant’s
design throughput capacity is 250–300 Ktpa of concentrate, depending on the levels of sulphurcontent. Maximum sulphide sulphur processing capacity is 48 Ktpa.
interfax-russia.ru/FarEast/news.asp?id=1025517
12 April 2019, Interfax

The Ministry for the Development of the Russian Far East has proposed expanding the Kuril
Advanced Special Economic Zone for new investment projects
The expansion of the advanced special economic zone is to enable the implementationof four investment projects with more than 660 million roubles and to generate at least 240 new2

MONTHLY NEWS DIGEST

ECONOMIC DEVELOPMENT OF THE RUSSIAN FAR EASTjobs. Among them are projects
T in tourism, fish processing and construction.
interfax-russia.ru/FarEast/main.asp?id=1022370

NEW MECHANISMS FOR THE DEVELOPMENT OF THE
FAR EAST: SUCCESS STORIES
26 April 2019, TASS

Russia–China Investment Fund together with partners from China launched an RMB fund
RCIF, Suiyong Capital and Dazheng Investment Group launched a Russia–China Fund,the management of which accumulated 1 billion Yuan (about 150 million US dollars) during the firststage. The leading institutional investors from China are to participate in the endowment and take itup to 6–7 billion Yuan (about 1 billion US dollars). The fund is to participate in the implementationof strategic investment projects in the Central Federal District and the Far East of Russia, as wellas in northeast China.
tass.ru/ekonomika/6380242
4 April 2019, Interfax

Investor from China plans to implement projects for the production of liquefied natural gas
in the Far East
Chinese company Guangdong Jovo Energy Group Corporation Ltd. has entered into a
cooperation agreement with the Far East Investment and Export Agency. The document provides
for cooperation on projects in the development and operation of gas fields, production of liquefied
natural gas, including investments in the construction of LNG plants and in the manufacturing ofgas chemical products.
interfax-russia.ru/FarEast/news.asp?id=1019912

roscongress.org
ORGANIZER OF THE EASTERN ECONOMIC FORUM:3