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]