MIL-OSI Russia: The government will finance the implementation of priority investment projects in the Far East and support transportation along the Northern Sea Route

MILES AXLE Translation. Region: Russian Federation –

Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

Order dated October 17, 2024 No. 2883-r

Document

Order dated October 17, 2024 No. 2883-r

More than 14.3 billion rubles will be allocated for the implementation of priority investment projects in the Far Eastern Federal District, as well as for subsidizing transportation along the Northern Sea Route. The order to this effect was signed by Prime Minister Mikhail Mishustin.

Of the total amount, over 14 billion rubles will go towards launching priority projects, including the implementation of master plans for Far Eastern cities, including Ulan-Ude, Vladivostok, Khabarovsk, Birobidzhan, Magadan, and Svobodny.

Announcing this decision atGovernment meeting on October 17, Mikhail Mishustin noted that the Government, on the instructions of the President, continues to rapidly develop social and industrial infrastructure in the Far East and the Arctic, create new points of economic growth, and improve the quality of life of people.

In addition, federal funds will be used to subsidize regular transportation along the Northern Sea Route. 300 million rubles will be allocated for these purposes. They will be sent to shipping companies to compensate for lost income due to preferential tariffs, as well as expenses related to ship calls at ports.

The work is being carried out within the framework of the federal projects “New Opportunities for the Far East” and “Development of the Northern Sea Route”.

Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

http://government.ru/nevs/53029/

MIL OSI Russia News