Core Points - The Eastern Economic Forum marks its tenth anniversary, focusing on the development of the Far East region and enhancing its role in Russia's economy and international cooperation, particularly in the Asia-Pacific region [3][5] - The development of the Far East and Siberia has been established as a national priority for Russia in the 21st century, with various support mechanisms and regulatory frameworks introduced to facilitate this growth [3][6] - Significant investments have been made in the Far East, with fixed asset investments reaching 20 trillion rubles over the past decade, and the region's GDP increasing by over 2.5 times [5][6] Investment and Economic Growth - The Far East's GDP grew from 4 trillion rubles to 11 trillion rubles over ten years, indicating robust economic growth [5] - Investment in the region has doubled in real terms over the past decade, significantly outpacing the national average [6] - The region has seen a strong influx of investments, particularly in mining, oil and gas, and construction, with key areas like Yakutia, Amur, and Sakhalin leading in fixed asset investments [6] Infrastructure Development - Large-scale planning is underway to enhance transportation, energy, and municipal infrastructure in the Far East, with ambitious goals set in the National Development Strategy for the region [5][10] - The modernization of key railways and ports is planned to increase transportation capacity by 50% by 2032, with port throughput expected to rise significantly [11][12] - The development of hydropower stations is emphasized as a means to meet the growing energy demands of the region [10][11] Social and Economic Policies - The government has introduced various incentives for businesses, including tax reductions and support for infrastructure investments, to attract both domestic and foreign investments [16][19] - The establishment of advanced development zones has proven effective in supporting numerous investment projects, creating jobs, and enhancing the business environment [16][19] - The average wage in the Far East has increased 2.5 times over the past decade, with a notable decrease in unemployment rates [26][27] Education and Talent Development - Plans are in place to enhance the higher education system in the Far East, aligning educational programs with market demands to attract and retain talent [28][30] - The region has seen a net inflow of young people, indicating improved job opportunities and living conditions [27][30] Future Outlook - The government aims to create a unified system of business incentives across the Far East and Arctic regions to streamline support for investors [19][20] - A long-term development strategy for the Far East is to be established, focusing on building a future-oriented economy and improving living standards [38][40]

Core Points - The development of the Far East region is a national priority for Russia in the 21st century, with a focus on infrastructure, industry layout, business environment, and improving the quality of life [5][32]. - President Putin announced plans to create a "future economy" in the Far East by 2036, aiming to surpass national averages in economic and social indicators [5][32]. Infrastructure and Investment - Significant investments have been made in the Far East, with fixed asset investments reaching 20 trillion rubles over the past decade, with 25% directed towards state-supported projects [7][8]. - The region's GDP has increased by over 2.5 times in the last ten years, from 4 trillion rubles to 11 trillion rubles [7]. - The investment growth in the Far East is twice that of the national average, with per capita investment being double the national average [8]. Economic Development and Industry - The Far East has seen the emergence of thousands of economic growth points, including world-class enterprises in mining, gas processing, and shipbuilding [9][10]. - The mining sector has expanded significantly, with coal and gold production increasing by nearly 1.7 times over the past decade [9][10]. - The region is focusing on rare and rare earth metals, which are crucial for high-tech industries, and plans to develop a long-term strategy for the rare earth industry [10][12]. Energy and Logistics - The demand for electricity in the Far East is expected to grow, necessitating the development of power generation capacity, including hydropower [12][13]. - The modernization of transportation infrastructure, including railways and ports, is underway to enhance logistics capabilities, with a goal to increase port throughput by 115 million tons annually by 2030 [14][19]. Social Development and Quality of Life - The average salary in the Far East has increased by 2.5 times over the past decade, with a significant reduction in unemployment rates [32][33]. - The region has seen a net inflow of young people, indicating improved job opportunities and living conditions [33][34]. - Plans are in place to enhance housing accessibility and urban environments, with over 600 projects expected to be completed by 2030 [35][38]. Policy and Regulatory Framework - The "Advanced Development Zones" initiative has been established to create a competitive business environment, offering various tax incentives and support for investors [21][22]. - A unified system of business incentives across the Far East and Arctic regions is proposed to streamline support for investors starting in 2027 [24][25]. - The government aims to create a transparent and efficient financial ecosystem to support local industries and attract private investment [30].