MIL-OSI Russia: The region is developing steadily – Yuri Trutnev on the rate of socio-economic growth of the Magadan Region

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

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Yuri Trutnev held a meeting on the issue of socio-economic development of the Magadan Region

Deputy Prime Minister and Presidential Plenipotentiary Representative in the Far Eastern Federal District Yuri Trutnev held a meeting on the issue of socio-economic development of the Magadan Region.

“The region is developing steadily. Investments in fixed assets have grown by 3%. This is not the best indicator in the Far East, but there is positive dynamics. The industrial production index has grown by 5.9%, which is already quite a high indicator. Magadan Region confidently ranks second in the Far East in terms of wages. The growth rate of average monthly wages in 2024 was 114.8% compared to 2023. Consolidated budget revenues in 2024 increased by 30%. This is also a good result, which allows us to do a lot of useful things,” Yuri Trutnev opened the meeting.

The Deputy Prime Minister recalled that the Russian Government continues to work to create conditions for comfortable living for people in the region. “A number of social facilities have been built and reconstructed in the region as part of the presidential unified subsidy. Thanks to the Far Eastern Mortgage program, 2,460 families have improved their housing conditions. More than 2,600 people in the region have received a Far Eastern hectare. On the instructions of the President of Russia, the master plan for the urban district of Magadan is being implemented. The plan provides for infrastructure measures totaling 159 billion rubles. The Government is working to ensure that master plans are financed on time and in full,” he said.

Magadan Region Governor Sergey Nosov reported on the dynamics of the region’s socio-economic development. The region’s income grew by 143.6%. It was due to the price situation on the precious metals market and the growth of gold production. A record of 54 tons of gold production was achieved. The second stage of the plant at the Pavlik deposit reached its design capacity. As a result of the introduction of the flotation shop by Polyus, the metal recovery rate at the Natalkinskoye deposit was increased. Large investors in the field of mineral extraction are entering the region.

Energy development issues were discussed. 30 investment projects with a total maximum capacity of energy receiving devices of 490.85 MW are planned for technological connection from 2025.

Issues of support for the fishing industry were considered. In particular, in order to restore coastal fisheries, as part of the implementation of the instructions of the Prime Minister Mikhail Mishustin, the restoration of the Magadan sea fishing port continues through the implementation of the project “Magadan Sea Logistics Center”.

The agenda included issues of improving the quality of tourist services. This year, the opening of the first stage of the tourist center on Zavyalova Island is expected. The boutique hotel “Territory” has been built. The balneological resort “Talaya” is getting ready to open. The construction of a four-star hotel has begun. The construction of a sea tourist center continues.

Yuri Trutnev drew the attention of those present to the introduction of new measures to support investors. The State Duma adopted in the first reading a bill on the creation of a priority development area in the region. “We hope that the result of creating a priority development area will be the development of shipbuilding and ship repair, logistics, tourism, and servicing of mining equipment,” the Deputy Prime Minister noted.

On the instructions of Russian President Vladimir Putin, the implementation of the Magadan master plan continues. “We still have a lot of work ahead of us to implement the master plans approved by the Russian President. The amounts of funds that are planned to be invested in the construction of new social infrastructure, engineering infrastructure, have never been invested in the Far East. These are really very large amounts of funds. We must ensure thorough implementation of the plans. Ensure that all the money comes to the right place, that all the projects are completed,” emphasized Yuri Trutnev.

The implementation of the Magadan master plan began in 2019. Within the framework of the master plan, 24 objects were commissioned. The most significant of them was the FOK “Presidential”. Since 2023, the master plan has been implemented within the framework of the long-term comprehensive development plan approved by the order of the Government of Russia. During this time, five objects have been commissioned. The largest of them is the airport terminal complex of Magadan airport, it began operating in December 2024. At the end of the year, a building of the polytechnic college, which had stood unfinished in the city center for more than 30 years, was also opened. An engineering school was commissioned. The Okhotsky Briz boarding house for the elderly and disabled began operating. A cultural development center was opened. A building of the martial arts school was erected with extra-budgetary funds. The improvement of the left bank of the Dukcha River has been completed, a children’s playground is being equipped in the Dukcha Park. This year, the fourth stage of Mayak Park is planned to be commissioned – a cultural and social center and a fountain.

In 2025, four facilities are planned to be commissioned within the framework of the infrastructure menu, three of which are being built using the Far Eastern concession mechanism, including a multidisciplinary rehabilitation center for 50 people. According to the head of the region, Sergei Nosov, the work will continue in all sectors. “There can be no trifles here. The tasks have been set. The result of this meeting were very specific instructions on the issues that were voiced by people directly working on this land. The solution of the tasks set will allow us to improve the work, indicators, including revenues to the regional budget,” he noted.

“There is a lot of work. Some of the issues are related to the work of federal ministries. We just need to solve the problems together with the region. I can only say one thing. We have no right to work carelessly. I would like to emphasize that the region is working purposefully, honestly and trying to achieve results,” Yuri Trutnev summed up the meeting.

On the same day, the Deputy Prime Minister familiarized himself with the implementation of investment projects and visited a number of sites. In particular, he arrived at the military training center at SVGU, where he familiarized himself with the presentation of UAVs manufactured within the framework of the Patriotic priority development area, inspected the construction of a marine tourist center in Nagaev Bay, inspected a recreational complex on Zavyalova Island, visited a shooting sports site under construction in the Staraya Vesyolaya microdistrict, and talked with the management of the Rynda cultural and exhibition center, an independent art venue created to develop the artistic environment of the city and the region.

Yuri Trutnev also met with Natalia Sivakova, who became the winner of the “Everything for Victory” nomination of the seventh public and business award “Star of the Far East”. The award was given to the project of the school of unmanned aerial vehicles based on the OGUP “Aviation of Kolyma”, within the framework of which not only military personnel are trained, but also drones are assembled.

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