Russky Island
The 2012 Asia-Pacific Economic Cooperation summit was held on Russky Island and about US$6 billion was set aside for the development of the island and Vladivostok in preparation for the summit and construction of the site for the 2012 APEC conference that was also planned and built as a new campus for the Far Eastern Federal University. Plans include the potential to develop the island as a large scale tourist resort, and the construction of the official residence of the Russian President in the Russian Far East in Boyarin Bay were approved by the APEC summit. The Russky Bridge between Russky Island and Vladivostok was completed in July 2012, and has the longest cable-stayed bridge span in the world at .