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Strategy for fishery complex approved in Russia - EastRussia | Far East






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Strategy for the fishery complex approved in Russia

Strategy for the fishery complex approved in Russia

Prime Minister Dmitry Medvedev signed a strategy for the development of the fishery complex before the 2030 year and an action plan for its implementation. It is planned that this will increase the gross value added of the fishery complex by 2030% by 71,3% to 418 billion rubles against 244 billion rubles in 2018 year.

The strategy is aimed at ensuring the development of the fishery complex, updating production assets, and avoiding the export-oriented raw materials. To this end, Russia will stimulate the production of products with a high share of added value, as well as create favorable conditions for doing business and attracting investments in the industry.

В Strategy identified five major investment development projects and seven supporting. We intend to increase gross value added due to the development of production of deep processing products, the growth of the total number of jobs at 24,5 thousand in the fishery complex, as well as through the development and implementation of a national environmental certification system for extracted resources and products made from them, an increase of up to three million tons per year, the volume of cargo handling and increase to 80% of the share of service of domestic ships in Russian ports.

The strategy is planned to be implemented in two stages: until December 31 of 2025 year and from January 1 of 2026 year to December 31 of 2030 year.