The Sakha Republic (Yakutia)
Dear friends!
The Sakha Republic (Yakutia) is a modern and dynamically developing region that preserves its unique way of life and pristine nature. Even despite the region’s impressive pace of industrial and infrastructural development, its inhabitants do not forget about their roots, drawing strength from culture and traditions.
We are open to cooperate on the development of the Far East and are ready to tell you about the promising projects, such as the construction of a bridge across the Lena River, the creation of a modern river fleet for inland waterways (JSC «Zhatai Shipyard»), as well as the unique travel brands and the production of the first IT Park in the Far East.
This year, the exposition of the Sakha Republic (Yakutia) is called “Made in Yakutia”, which will present exclusive jewelry and the best examples of folk art crafts made of mammoth ivory, environmentally friendly products from wild harvest and the most northerly tea.
We are doing our best to make Yakutia attractive to our business partners.
See you at Yakutia’s pavilion!
Aisen Nikolaev
Head of the Sakha Republic (Yakutia)
General information
Flag
Emblem
Capital Yakutsk
Largest cities Neryungri, Aldan, Lensk, Mirny
Rivers, lakes Lena, Vilyui, Indigirka, Kolyma, Aldan, Labynkyr Lake, Bustah
Climate Sharply continental, with a long winter and a short summer. The temperature difference in winter and summer can reach 100 degrees Celsius
Area 3.08 million square km
Population 966.9 thousand people
Transport communication Air, road, rail
Time zone MSK+6, MSK+7, MSK+8
Industry Mining industry (diamonds, gold, oil, coal, gas), fuel and energy complex, agriculture, transport and communications
About the pavilion
Take part in the prize drawing and win a real Yakut diamond. Also, purchase amazing jewelry from the leading companies of Yakutia, which are represented in the pavilion.
We offer you to get acquainted with the best examples of folk art crafts made from mammoth ivory, which is the exclusive brand of Yakutia.
Yakutia is the largest and coldest region of Russia. This is where the area of the lowest recorded temperature where people reside located. We are waiting for curious tourists who want to conquer the endless expanses of the North, to get acquainted with the unique tourist routes.
Do not miss the opportunity to visit the exhibition of residents of the first IT park in the Far East and make sure that, despite the geographical position, you can create an innovative world-class product in Yakutia.
Try traditional dishes of exotic Yakut cuisine, northern tea and refreshing drinks made of wild harvest.
10 facts about The Sakha Republic (Yakutia)
Yakutia is the largest
administrative-territorial unit in the world.
Yakutia is only region in Russian Federation
reaching three time zones.
About 40% of Yakutia territory lies
beyond the Arctic Circle.
Representatives of 129 nationalities
live in Yakutia.
Despite the harsh climate,
more than 250 species of birds live in Yakutia.
There are about 700,000 rivers
and 800,000 lakes in Yakutia.
Yakutsk is the largest city in the world
located in the permafrost zone.
Yakutia ranks first in Russia
in terms of cinema halls occupancy.
One of the most popular Yakut souvenirs is various crafts
made from mammoth tusks.
About 40% of Yakutia territory lies
beyond the Arctic Circle.
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