MONTHLY INFORMATION DIGEST

ECONOMIC DEVELOPMENT OF
THE FAR EASTMarch 2019

KEY TOPICS• Russia and India• 16,000 proposals for• Advanced special

discuss cooperation
at SPIEF and EEF

development of theRussian Far East
submitted to the website

economic zones to becreated in Buryatia andTrans-Baikal Territory

EASTERN ECONOMIC FORUM NEWS27 March 2019, EastRussia

Swedish business community invited to the 5th Eastern Economic Forum
Fourty representatives of the Swedish business community, engaged in mechanicalengineering, timber industry, shipbuilding and logistics, participated in a seminar on thedevelopment of trade, economic and investment cooperation between the Russian Far East andSweden. The seminar, organized by the Far East Investment and Export Agency and the Trade
Representation of the Russian Federation in Sweden, was held in Stockholm on 26 March 2019.
Investment opportunities in the Far Eastern Federal District were presented to the Swedish
entrepreneurs.
The Russia–Sweden dialogue will continue at the International Arctic Forum, which will beheld in St. Petersburg on 9–10 April 2019. Besides that, the Swedish business community received
an invitation to EEF 2019, where entrepreneurs will be able to see the projects already being
implemented, as well as discuss the details of project implementation with investors, find partners
and meet with representatives of the Russian government.
https://www.eastrussia.ru/news/shvedskim-biznesmenam-predlozhili-vlozhitsya-v-proekty-na-dalnemvostoke-/

13 March 2019, TASS

Russia and India discuss cooperation at SPIEF and EEF
The contents of the business programmes of the St. Petersburg International Economic
Forum and the Eastern Economic Forum was reviewed during the visit of the Indian businessmission to Moscow on 13 March 2019. At the meeting with the delegation of India’s largest
industrial enterprises, Anton Kobyakov proposed to pursue the Russian-Indian business dialogues
during all key business events organized by the Roscongress Foundation.
In addition, the parties agreed to hold meetings between the Indian delegation and thegovernors of the Russian Far East regions during EEF 2019. The opportunity for organizing an onsite EEF session in Mumbai in June 2019 to promote the Forum in India was also considered.
https://tass.ru/novosti-partnerov/6212527

MONTHLY NEWS DIGEST
ECONOMIC DEVELOPMENT OF THE RUSSIANFAR EAST

GOVERNMENT POLICY IN THE FAR EAST
28 March 2019, Rossiyskaya Gazeta

List of the Far Eastern Hectare recipients expanded
Participants of the Far Eastern Hectare programme who build a house on their lot have achance to register property rights ahead of schedule, before the five-year term of free use expires.
In addition, participants in the government resettlement programme may now apply for a land lot in
the Far Eastern Federal District. The law expanding the Far Eastern Hectare programme came intoeffect on 28 March 2019.
https://rg.ru/2019/03/28/reg-dfo/rasshiren-perechen-teh-kto-mozhet-poluchit-gektar-na-dalnem-vostoke.html

26 March 2019, TASSThe first building of the Russky technopark to be constructed by 2021
This was announced by Dmitriy Borovikov, CEO of the technopark. The technopark iscurrently operating on the territory of the Far Eastern Federal University. The complex of buildings
is being developed as instructed by the President of Russia following the results of the Eastern
Economic Forum 2018. The complex will include rental housing for employees, social
infrastructure, and supermarkets, among other facilities.
Russky technopark was created in 2017. As of today, it hosts 65 residents, mainlycompanies that develop high-tech products in robotics, green building, biomedicine and virtual
reality, and promote them in the domestic and Asian markets.
https://tass.ru/ekonomika/6257712

21 March 2019, Rossiyskaya Gazeta

16,000 proposals submitted to the website for development of the Russian Far East
Since 15 December 2018, Russian residents could submit their proposals at the speciallycreated дв2025.рф portal. They will be considered for the National Programme for theDevelopment of the Russian Far East.
The National Programme until 2025 with a perspective to 2035 must be ready before 1
September 2019. It is being developed following the instructions of the Russian President. The
document will combine measures to improve the state of the macro-region across all sectors: ineconomics, medicine, education, transport, culture and sports.
https://rg.ru/2019/03/21/reg-dfo/na-sajte-programmy-po-razvitiiu-dfo-ostavleno-16-tysiac-predlozhenij.html

15 March 2019, RIA Novosti

The Far East is ready to employ the winners of the Leaders of Russia competition
Applications from winners and finalists of the Leaders of Russia national managementcompetition will be prioritized for employment in the Far East, as announced by Yury Trutnev.
During the finals of the competition which took place in Sochi on 13–17 March, the Deputy Prime
Minister had a discussion with the finalists about their plans and goals and listened to their
proposals for the development of the Russian Far East and the Arctic.
https://ria.ru/20190315/1551844704.html

9 March 2019, TASSThe 9th meeting of the Russia–DPRK Intergovernmental Commission held in Moscow
The parties discussed bilateral trade and economic cooperation, as well as theimplementation of several joint projects in transport, such as the construction of an automobile
bridge across the Tumen River and the Khasan–Rajin railway line. During the meeting, bothdelegations also confirmed their intention to increase trade between the two countries.
https://tass.ru/mezhdunarodnaya-panorama/6201215

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MONTHLY NEWS DIGEST
ECONOMIC DEVELOPMENT OF THE RUSSIANFAR EASTECONOMY OF THE FAR EAST
20 March 2019, TASSTwelve companies plan to invest around USD 5 billion in the development of the Russian
Far East
During the Investor Day, which took place in Vladivostok on 20 March 2019, Yury Trutnev
discussed the implementation of several investment projects with Russian entrepreneurs, as wellas with major industry investors from Japan and China. Projects in such areas as agriculture,
metallurgy, shipbuilding and high technology were considered.
https://tass.ru/ekonomika/6237855

NEW MECHANISMS FOR THE DEVELOPMENT OF
THE FAR EAST: SUCCESS STORIES
14 March 2019, RIA Novosti

Two new advanced special economic zones to be created in Buryatia and Trans-Baikal
Territory
Yury Trutnev announced this following the meeting of the Government Commission on theimplementation of investment projects in the Russian Far East. According to the Deputy Prime
Minister, the two new ASEZs will allow about 20 investment projects to be implemented, andgovernment support for building infrastructure will be provided in the total amount of more than 6billion roubles.
Four investment projects will be implemented in ASEZ Buryatia with a total of 24.7 billion
roubles in investment and 2,760 new jobs. As for ASEZ Transbaikalia, 15 investment projects areplanned for implementation, with 196 billion roubles invested and 9,000 new jobs created.
https://ria.ru/20190314/1551796085.html

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