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The government has allocated to the Far East 8,4 billion rubles for economic growth projects
Prime Minister Dmitry Medvedev signed a decree on the allocation of 8,4 billion rubles to the Far East. The money will go to the creation of infrastructure for the implementation of investment projects.
The allocated funding is an unallocated balance of budgetary allocations within the framework of the state program “Social and Economic Development of the Far East and the Baikal Region”. It should help in the implementation of projects in the field of mining, the development of transport, social and energy infrastructure, as well as in the implementation of industrial projects.
The money from the federal budget will be invested in the development of the Khabarovsk airport, the construction of the Nizhneleninskoe-Tongjiang transboundary bridge, the modernization of the port infrastructure, and the development of the Primorye-1 and Primorye-2 international transport corridors. In addition, funding will be directed to the construction of the mining and processing complex "Inaglinsky" and the creation of a pulp and paper mill in the Khabarovsk Territory.