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Over 160 billion rubles to be allocated for Far East and Arctic development
Over 160 billion rubles to be allocated for Far East and Arctic development
Arctic.ru: Discover how Russia implements its development goals in the Arctic and the Far East
2026-10-12T16:00
2026-10-12T16:00
2026-10-13T11:22
news
alexei chekunkov
state duma committee for the development of the far east and the arctic
state duma
ministry for the development of the russian far east and arctic
/img/07ea/0a/0c/1815941_0:95:1608:999_1920x0_80_0_0_76e5a93f84ed8a28c1398eef49f9281a.jpg
Under the draft federal budget for 2027 and the 2028-2029 planning period, 136 billion rubles of these funds will go into the development program of the Far Eastern Federal District, and 32.6 billion rubles into the development of the Arctic zone.Minister for the Development of the Far East and the Arctic Alexei Chekunkov announced the news at a meeting of the State Duma Committee on the Development of the Far East and the Arctic. He said the budget is well balanced between economic and social projects.Plans for the Far East include the creation of infrastructure for investment projects, the construction and renovation of social facilities, and investment in urban master plans and an affordable rental housing program.Special attention will be given to developing the Russky Innovation Science and Technology Center in the Primorye Territory and the Voin (Warrior) centers for military sports training and patriotic upbringing of young people, as well as to supporting the producers of special-purpose goods in the Patrioticheskaya Territory of Advanced Development.These allocations will be used to maintain support mechanisms for Arctic investors, namely insurance contribution relief. In addition, over 21 billion rubles will be allocated to Russia’s Arctic regions in 2027–2029 under a single presidential subsidy for socially significant projects.A total of 500 million rubles will be earmarked every year for rest and recreation programs for children residing in the Arctic. Funds will also be allocated for supporting families upon the birth of the third and subsequent children, as well as for assistance to indigenous small-numbered peoples of the North and support for Northern deliveries.
https://en.arctic.ru/20260720/1622836.html
2026
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Over 160 billion rubles to be allocated for Far East and Arctic development
Under the draft federal budget for 2027 and the 2028-2029 planning period, 136 billion rubles of these funds will go into the development program of the Far Eastern Federal District, and 32.6 billion rubles into the development of the Arctic zone.
Minister for the Development of the Far East and the Arctic Alexei Chekunkov announced the news at a meeting of the State Duma Committee on the Development of the Far East and the Arctic. He said the budget is well balanced between economic and social projects.
Plans for the Far East include the creation of infrastructure for investment projects, the construction and renovation of social facilities, and investment in urban master plans and an affordable rental housing program.
Special attention will be given to developing the Russky Innovation Science and Technology Center in the Primorye Territory and the Voin (Warrior) centers for military sports training and patriotic upbringing of young people, as well as to supporting the producers of special-purpose goods in the Patrioticheskaya Territory of Advanced Development.
These allocations will be used to maintain support mechanisms for Arctic investors, namely insurance contribution relief. In addition, over 21 billion rubles will be allocated to Russia’s Arctic regions in 2027–2029 under a single presidential subsidy for socially significant projects.
A total of 500 million rubles will be earmarked every year for rest and recreation programs for children residing in the Arctic. Funds will also be allocated for supporting families upon the birth of the third and subsequent children, as well as for assistance to indigenous small-numbered peoples of the North and support for Northern deliveries.
