The Far East development strategy and programs

Currently the Far East Federal District has all chances to become large center of economic life. Its development is regulated in the Federal level by several program documents.

Due to active economic growth in countries of APR and refocusing of the Russian State policy from West into East development of the territory of the Far East Federal District is conducted at a quickened pace. Fundamental document setting the direction for macroregion's development is the Strategy of social and economic development of the Far East and Baikal region for period up to 2025, approved in 2009. One of the main tools of strategy realization is FSPP "Economic and social development of the Far East and Baikal region for period up to 2018". Document pays special attention to perfection of transport and energy infrastructures of macroregion, what is a prerequisite for rise of both resource and non-resource export oriented sector of macroregion's economy.

Thus priority interregional events aimed to development of railway transport of the Far East include construction of additional crossing loops, modernization of terminal yards, reconstruction of separate parts of main railways, construction of the seconds rails and other activities to eliminate "narrow sections" of railways. Total for the period of Program's action in BAR and Transsib it is planned to build over 400 km of the second and third rails, reconstruct almost 30 station and conduct technical operation, which will allow to significantly increase freight traffic to 2020.

Reconstruction plan for Baikal-Amursk and Trans-Siberial Railways


Growth of the length of motorways of regional and municipal significance, which meet regulations, in FFD for 5-year term of program's action will be over 180 km. By motorways network it is planned to connect all large social and economic centers pf the Far East as well as to significantly increase accessibility of remote settlements.

Developed transport infrastructure will ensure unity of social and economic space of the Far East and free move of goods and services. Increase of macroregion's transport availability, widening of capacity of main railways and development of sea ports will allow to ensure timely and consistent goods transfer in the territory of the FFD, to significantly widen market outlets for local goods and to reduce transport and logistics expenses.

In energetics sector the main tasks are development of power generation and increase of electric networks' capacity, widening of centralized power supply area and connection of isolated energy regions, where local energetics is mainly represented by diesel power plant (DPP), reduction of fuel expenses while power production. Implementation of eco-friendly technologies while construction of new and reconstruction of existing power energy objects as well as use of alternative and renewable power sources are foreseen to improve safety and reliability of macroregion's energy complex.

Construction of new trunk lines will promote improvement of power systems' configuration in the Far East and Baikal region and increase of their reliability and effectiveness. Reduction of level of power energy's isolation and decentralization of the Far East by its integration into the United system of Russia will increase reliability of macroregion's power supply required for stable activity of manufacturing enterprises. Implementation of new and development of existing generating power will provide conditions required for realization of unique transport and geographic potential of FFD, exploration of deposits in its territory, connection of new enterprises. Besides reduction of number of DPPs and their replacement by power lines will allow to save procurement of expensive fuel for DPPs and to reduce power cost, what will be reflected in bare cost of enterprises' goods. Advantages of geographical position of the Far East Federal District and reserve powers existing in unified power system of the East open wide perspectives for organization of power export into China, Mongolia, countries of the Korean peninsula and Japan.

Aside from development of the transport and power infrastructure of the Far East the State is actively support of macroregion's mining (extraction of fuel mineral resources, precious stones and metals) and processing (metallurgy, engineering oriented on production of hi-tech goods) industries.

On the subjects level included into FFD matters of social and economic development are reviewed in regional strategies, which have been already accepted in the majority of the Far East regions.

Term of investment strategies realization for RF subjects in FFD

Region

Term of strategy realization

Amursk region

up to 2018

The Jewish AR

up to 2025

The Kamchatka Territory

up to 2020

Magadan region

up to 2025

The Primorsky Territory

up to 2018

The Sakha Republic (Yakutia)

up to 2016

The Khabarovsk Territory

up to 2020

Regional investment strategies foresee realization of a range of events aimed to create maximum comfortable conditions for business in the territory of the region:

  • Development of transport and logistic infrastructure;
  • Reduction of administrative barriers in construction;
  • Arrangement of shows, fairs, forums, etc.;
  • Development of hi-tech and knowledge intensive economic sectors.

Aside from provisions in regional strategies there are also unique ones for each subject based on geographical, climate and social and economic characteristics of the region.