Magadan Region
Dear friends!
I am pleased to welcome you to the "Far East Street" of the Eastern Economic Forum!
Magadan region contains more than 460 thousand square kilometers of beautiful nature, mighty mountains, taiga forests and rapid mountain rivers.
We invite you to visit our pavilion, where we present the region's peculiarities in investment, trade, tourism and culture.
We will show and tell you about the development and prospects of Kolyma's main industries. Amazing travel destinations, presentations of bold construction and improvement projects, and artifacts of historical heritage await you.
So start exploring the cultural and natural attractions – Jack London Lake, Cape Nyklya, an ambitious tourist project on Zavyalov Island, the revival of the famous Kolyma health resort Talaya.
Find exclusive jewelry from native gold, touch the ancient art of bone carving peoples of the North.
We brought our famous “Prospector's Fortune” to Vladivostok. Our guests will have a unique experience and feel like real miners washing gold with a pan and pick. Also at tutorial workshops with experts, everyone will take part in the heritage of the peoples of the North and will make themselves amulets and souvenirs from bone, fur, and beads.
Magadan Region is a part of the Far East, which has ambitious plans for development, declared by the federal authorities and supported by Russian President Vladimir Putin. We are focused on creating a favorable investment climate, and the system of preferences creates conditions for doing good business.
Kolyma region is open for co-operation. Come visit us and see for yourself!
Sergey Nosov
Governor of the Magadan region
General information
Flag
Emblem
Capital Magadan
Largest cities Susuman
Rivers, lakes Kolyma, Sugoi, Omolon, Ola, Detrin, Chistoe Lake, Parenskoe Lake, Jack London Lake
Climate Sharply continental, severe with cold winds. Summer is warm and even hot, but the average annual temperature in the region is sub-zero
Area 462,5 thousand square kilometers
Population 141,234 thousand people
Transport communication Air (planes, helicopters), bus, automobile
Time zone MSK+8
Industry Mining industry (silver, gold, tungsten, copper, tin, coal), fishing industry
About the pavilion
The concept of the architecture of the pavilion of the Magadan Region includes geometric figure – a triangle, which had an important significance for the indigenous peoples of the region from ancient times. It symbolizes the unity of the body, soul, and spirit, and is used as a national ornament.
The golden plating of the pavilion's façade refers to the fundamental foundation of the regional economy – natural reserves. The elevation of the pavilion above the level of the podium creates a floating effect. The combination of gold material in the main decoration makes the object sparkle, and the wood adds warmth and comfort. A relationship is created between natural principles and minerals and metals, which are rich in the Magadan region.
A gem of the pavilion, the Nagaev Bay layout forms the basis for enhancing the Magadan sea façade. The work is largely financed by federal funds under the Social Development Plan for Economic Growth Centers in the Magadan Region.
The fascinating installation of the sea façade is housed in translucent glass boxes filled with sand and gravel. You can view the layout projection using the rotary controllers, and the layout can be supplemented with dynamic drawings and infographics.
Visitors to the pavilion will get to see video presentations related to the Magadan Region development and individual sectors of the region's economy. Everyone will have the chance to test their luck in the interactive Fishing game and get acquainted with the unique inhabitants of the Okhotsk Sea. Holding the rod, you can even feel the tension of the line and jolts when biting. Everything feels like a real-life fishing!
The pavilion will traditionally host an exhibition and sale of products with native gold. Representatives of the indigenous peoples will tell you about folk industries, recipients of the Far Eastern hectare, about the story of success, and how small and medium businesses will demonstrate their products.
The most active guests of the pavilion will be able to take part in work shops for gold flushing and get prizes in the "Prospector's Fortune" competition.
Under the guidance of professional craftsmen from the Magadan region, you can participate in the unique heritage of the peoples of the North and make by yourself traditional products from bone, fur, and beads.
The Ensemble of Song and Dance of the Peoples of the North "Ener" will present a large variety of traditional song and dance performances of the Far North peoples living in the Magadan region.
In the pavilion cafe you can buy drinks and Kolyma delicacies.
10 facts about Magadan Region
Kolyma is ranked at the top in Russia
in the mining of native gold and silver.
Festival "Prospector's Fortune" is
the only gold panning competition in the country.
Festival of winter fishing "Cool Kolyma" is called to stand
in one row with "Prospector's Fortune".
Kolyma supplies the entirety of Russia
with crabs and red caviar.
Russian statesman Igor Shuvalov was also
born in Magadan region.
The leader of the musical group DDT Yuri Shevchuk was born
in the village Yagodnaya of the Magadan region.
The Magadansky Nature Reserve plays an important role
in the international system of nature protection.
Nagaev Bay in Magadan is sung by Vladimir Vysotsky
in the song “I went to Magadan”.
For the Magadan region, reindeer husbandry
is a traditional branch of agriculture.
Magadan inspires. Vysotsky, Shufutinsky, Vetlitskaya, Krug and Vasya Oblomov
wrote songs about the city.
Dear participants and guests of the 5th Eastern Economic Forum!
This year, as we celebrate the Forum’s 5th anniversary we have an opportunity to look back on everything that has been achieved since 2015. It was the first time when Vladivostok hosted the trendsetters from Russian and international business communities, government officials, foreign dignitaries, researchers, and experts – in other words, everyone who was prepared to cooperate with Russia and work in the Russian Far East; everyone, who was ready to launch new production facilities and develop those already in place; everyone, who aimed to create new jobs, construct roads, housing, and hospitals – namely improve the life of our Eastern territories.
The goals we set 5 years ago appeared unattainable back then. We discussed a broad range of topics: expectations and development prospects, creating new economic regimes and improving the investment climate, passing legislative initiatives and changing legal framework, putting new social infrastructure in place and helping regions reach their potential – in other words, we were talking about the future. Some were hopeful, some remained skeptical, yet there was only one thing that mattered: we were ready to act as one. And today, that future has become our present.
The President of the Russian Federation Vladimir Putin designated the development of the Far East as a national priority of the entire 21st century. At the behest of the President, a whole new economy is being created in the region. Large companies as well as small and medium-sized businesses can count on tax breaks, administrative preferences, concessional loans, and support from the state development institutions.
A lot has been accomplished during the last 5 years: over 40 legislative initiatives that sustain investment activity and improve the social sphere have been passed; 20 advanced special economic zones and 5 free ports have been put in place. These measures resulted in over 1,780 new investment projects worth over RUB 3.8 trillion, and 230 new enterprises appeared. The government provides targeted infrastructural and financial support to the investors. Over 70 thousand people received free land and now are building houses and farms on their ‘Far Eastern hectares’.
17 different countries invest in the Far East: China, Japan, the Republic of Korea, Australia, New Zealand, Vietnam, to name a few. Since 2014, nearly 32% of all direct foreign investment came to our region.
The Far East itself has expanded: Zabaikalsky Krai and the Republic of Buryatia joined the Far Eastern Federal District, while the Ministry for the Development of the Russian Far East now oversees an additional region: the Russian Arctic Zone.
When it comes to the social sphere, the ‘Unified Subsidy’ mechanism has provided existing measures with additional stimulus. 57 centres of economic growth have received funding for the construction of schools and nurseries, hospitals as well as medical and obstetric stations, cultural centres and sports facilities. These centres are home to over 80% of Far Easterners.
A fair amount of good work has been done. Economic growth in the FEFD exceeds 4%, which is two times greater than the Russian national average. However, we are now faced with another objective: increasing economic growth in the Russian Far East to 6% per year. We also must figure out how to improve the quality of life in the Russian Far East and in the Arctic so that it exceeds the Russian national average. These objectives have been set by the President of the Russian Federation Vladimir Putin.
Our goal is to make the Russian Far East more accessible to investors and comfortable for the people that live here, providing them with the confidence that their dreams will become a reality in the nearest future.
Many topics that were brought up at previous Forums ended up serving as the foundation for the development and passing of legislation, the implementation of new business support measures, and the improvement of the Far East’s social welfare. I am confident that this Forum will continue contributing to the open dialogue between businesses and authorities, experts and researchers, sociologists and demographers.
I would like to wish Forum guests and participants all the best. The Russian Far East is open for cooperation: we value each partner, every opinion and every initiative that helps develop our country!
Yury Trutnev