MONTHLY INFORMATION DIGEST

ECONOMIC DEVELOPMENT
IN THE FAR EASTMay 2018

KEY TOPICS• Russia–China TAD
project to be presentedat the Eastern Economic
Forum• Alexander Kozlov
appointed Minister forthe Development of theRussian Far East• Agreement on
construction of new
airport terminal inKamchatka was signed atSPIEF 2018

THE EASTERN ECONOMIC FORUM NEWS22 May 2018, TASS

Russia–China TAD project in the Far East to be presented at the Eastern Economic
Forum
Cross border area with special economic regime is going to be established near the bordercheckpoints Pogranichny and Suifenhe. Eleven companies with Chinese stock totalling
180,767 billion roubles are currently developing their projects in the Far Eastern territories
of advanced development.
http://tass.ru/ekonomika/5222007
10 May 2018, forumvostok.ru

Roadmap for preparation and hosting the EEF 2018 is approved
The roadmap for the preparation and hosting the IV Eastern Economic Forum, which
will take place in Vladivostok on 11–13 September 2018, was approved in Primorsky
Krai. The document consists of 14 sections, including: preparation of transport andengineering infrastructure, urban development, volunteers and service personnel training,accommodation, catering and safety for the Forum participants.
https://forumvostok.ru/news/utverzhdena-dorozhnaya-karta-po-podgotovke-i-provedeniyu-vostochnogo- ekonomicheskogo-foruma-2018-god

GOVERNMENT POLICY IN THE FAR EAST
26 May 2018, TASS1

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ECONOMIC DEVELOPMENT IN THE FAR EASTSPIEF 2018 discussed the development of the fishing industry in the Far East
On 26 May the session ‘Catching the Goldfish: Sustainability Factors of Fisheries’ of the St.
Petersburg International Economic Forum 2018 emphasized the strategic significance offishing industry for the development of the Far East. It was noted that the government’s task
today is to support the industry in implementing all the announced projects amounting toa total of nearly 40 billion roubles. Out of the 950 residents of the Free Port of Vladivostok
and the territories of advanced development, 45 companies are currently developing
projects in the fishing industry.
http://tass.ru/pmef-2018/articles/5239600
24 May 2018, RIA Novosti

Yury Trutnev announced possible implementation of the investment court in the FarEast
At the SPIEF 2018 session ‘Breakthrough in the Far East: How to Become the Leader in Private
Investment Growth’ on 24 May, the Deputy Prime Minister of the Russian Federation notedthat the investment court may become one of the measures to support businesses in the Far
East. According to Mr. Trutnev, such court could carry out decisions that would allow to attract
new investment with maximum economical competency.
https://ria.ru/spief/20180524/1521251936.html
18 May 2018, TASS

Alexander Kozlov appointed Minister for the Development of the Russian Far East
On 18 May 2018 Dmitry Medvedev proposed the candidacy of Alexander Kozlov for the post of
the Minister for Development of the Russian Far East to Vladimir Putin. The President upheld
the initiative and signed the decree on the matter. Prior to the assignment, Mr. Kozlov served
as Governor of the Amur Oblast.
http://tass.ru/politika/5212603
17 May 2018, Interfax

Nearly 10 billion roubles invested in two tourist clusters in the Khabarovsk Krai
Tourist and recreational clusters, Amur–Khabarovsk and Komsomolsky, are included into theproject of the Federal Target Programme ‘Development of domestic and inbound tourism inthe Russian Federation 2019–2025’. Total project funding is 4.6 billion rubles, of which morethan 3.2 billion will be drawn from non-budgetary sources.
http://www.interfax-russia.ru/FarEast/main.asp?id=934262

ECONOMY OF THE FAR EAST
25 May 2018, Interfax

Agreement on the construction of a new airport terminal in Kamchatka was signed atSPIEF 2018
The Far East Development Corporation and Petropavlovsk-Kamchatsky International Airport
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ECONOMIC DEVELOPMENT IN THE FAR EAST(Yelizovo) signed an agreement on investment operations in the Kamchatka territory ofadvanced development. The document stipulates the reconstruction of the airport, as wellas the construction of a new terminal, hotel and business centre. The airport is anticipated toserve up to 750 passengers per hour. The project investments will exceed 7 billion roubles.
http://www.interfax-russia.ru/FarEast/news.asp?id=936761&sec=1679
18 May 2018, TASS

Primorye to build a coal terminal worth 30 billion roubles
The Far East Development Corporation and the Sukhodol Sea Port signed an agreement
on investment operations, which stipulates the construction of the specialized port forsmall and medium-sized coal mining enterprises.
The first and the second stages of construction for 12 million tons of cargo are to becompleted by 2021. Around 660 new jobs will be created through the implementationof this investment project.
http://tass.ru/ekonomika/5211498

NEW MECHANISMS FOR DEVELOPMENT IN THE
FAR EAST: SUCCESS STORIES
21 May 2018, TASS

Kangalassy TAD investment portfolio in Yakutsk amounts to nearly 2.4 billion roubles
Kangalassy Industrial Park investors plan to implement the announced projects in twoyears. Residents of the industrial park already produce construction materials, continuous
burning boilers, paint and varnish products. Projects for brick production plant withparticipation of Chinese investors, as well as a Siberian sturgeon fish farm have also
been approved.
http://tass.ru/msp/5218462

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ECONOMIC DEVELOPMENT IN THE FAR EASTThe Roscongress Foundation is a socially oriented non-financial development
institution and a major organizer of international conventions, exhibition and publicevents.
The Roscongress Foundation was founded in 2007 with the aim of facilitating thedevelopment of Russia’s economic potential and strengthening the country’s image byorganizing international conventions, exhibitions, and public events. The Foundation
develops substantive content for such events, providing companies and organizations withadvice, information, and expert guidance, and offering comprehensive evaluation, analysis,
and coverage of the Russian and global economic agendas. It offers administrative services
and promotional support for business projects and helps to attract investment, includingin the form of public-private partnerships.
Today, its annual programme includes events held from Montevideo to Vladivostok,
offering an opportunity to bring together global business leaders, experts, the media, andgovernment officials in one place, creating favourable conditions for dialogue and thepromotion of new ideas and projects, and assisting in the creation of social enterprise andcharity projects.
www.roscongress.org

ORGANIZER OF THE EASTERN ECONOMIC FORUM:4