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Federal Budget Will Fund the Northern Delivery Infrastructure

 

Photo: Vgudok

From 2026, the development and maintenance of the Northern Delivery infrastructure will be financed by the federal budget rather than by regions and municipalities, the Head of the Ministry for the Development of the Russian Far East and Arctic said at the International Exhibition and Forum "Russia” on 24 January, the Day of the Far East and the Arctic.

Northern Delivery is a set of annual state measures to provide the territories of the Far North of Siberia, the Far East and the European part of Russia with the main vital goods (primarily food and oil products) in the run-up to the winter season.

The Head of the Ministry for the Development of the Russian Far East and Arctic reminded that the federal law "On Northern Delivery" was adopted in 2023. It is designed to make the delivery of goods to hard-to-reach remote areas of the North more efficient.

In the next two years, all the innovations specified in the law will be implemented. The most important thing is that the government is now in the final stage of a thousand-page document approval that defines the backbone infrastructure of the Northern Delivery. It has been decided that from 2026, 100% of infrastructure maintenance and development costs should be federally funded, he said.

The Far East and the Arctic represent 56% of Russia's territory. Two subjects of the Far Eastern Federal District (FEFD), namely the Republic of Sakha (Yakutia) and the Chukotka Autonomous District, are part of the Arctic Zone of the Russian Federation. AZRF is the largest economic zone in Russia, and in the world, with a single set of preferences for investment activities.

The Head of the Ministry for the Development of the Russian Far East and Arctic outlined the main achievements and positive trends in the development of the Far Eastern Federal District at the plenary session "The Far East and the Arctic - Russia's Future." Over the last ten years, coal mining has increased 2.8 times, gold production has increased 2 times, seaport cargo turnover has increased 1.6 times, housing construction has increased 1.3 times, and agricultural production has increased 2.2 times.

In addition, 6 agreements have been signed at the International Exhibition and Forum "Russia" on the implementation of new projects in the Far East and the Arctic in the areas of housing construction and heat energy, fertiliser production, manufacturing industries, logistics, aircraft construction, as well as on expanding the humanitarian, environmental and technological agenda of the sustainable development in the Arctic. The total volume of investments under the concluded agreements totalled more than RUB 68 billion ($765,3 million).

Source: Interfax

 
26.01.2024