The total amount of investments in the Russian Arctic will amount to 1 75 trillion rubles

Mondo Finance Updated on 2024-01-28

Original title: The total investment in the Russian Arctic will reach 175 trillion rubles.

On December 7-8, the 13th International Forum "The Arctic: Current and Future" was held in St. Petersburg, Russia. First Deputy Minister of Development of the Russian Far East and the Arctic Husseinov said at the plenary session of the forum on the 7th that the total investment in the Russian Arctic will reach 175 trillion rubles.

Husseinov said that Russia's strategy to support the development of the Arctic region, which began in 2020, has attracted 766 investment projects, and the total amount of investment will amount to 175 trillion rubles (about $19 billion), which is expected to create about 40,000 jobs.

According to Husseinov, the mining sector has the largest amount of investment in all investment areas, about 862 billion rubles (about $9.3 billion), and 44 projects are being implemented. This is followed by the oil and gas chemical industry, with an investment of about 207 billion rubles (about 2.2 billion US dollars), and 15 projects are being implemented.

Separately, Rosatom's special representative for Arctic development Panov said that in 2023, more than 36 million tons of cargo will be transported in the Northern Sea Route, a record.

Russia unveiled a new nuclear-powered icebreaker reactor.

Rosatom this week unveiled a new reactor for the future Chukotka nuclear-powered icebreaker. The nuclear-powered icebreaker "Chukotka" is expected to enter service in 2026.

Vladislav Paikov, Deputy General Director of the Podolsk Machine-Building Plant in Russia: It is lighter, more compact and more powerful than similar reactors previously used by the icebreaker fleet.

Commander-in-Chief of the Russian Navy: The United States plans to confront Russia by all means in the Arctic region.

At the 13th international forum "The Arctic: Current Status and Future" on the 7th, the commander-in-chief of the Russian Navy, Yevmenov, said that the United States regards Russia's Arctic affairs as a challenge to its interests and plans to confront Russia by all means, and Russia's development of military forces in the Arctic region is a forced measure to be taken in response to the threat. Yevmenov stressed that the military-political situation in the Arctic at the current stage is characterized by the expansion of NATO and the policy of the collective West towards Russia, which leads to a deepening of negative trends in the field of regional security.

Earlier this year, the U.S. Air Force deployed nuclear-capable F-35A fighter jets to Thule Air Base in Greenland, a Danish territory, for the first time. In June, the United States announced that it would open a diplomatic station in the Norwegian Arctic city of Tromsø. In April this year, Finland officially joined NATO, and Sweden has also accelerated the pace of "accession", and the polar game will become more complicated.

*: CCTV news client.

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