This year, the Eastern Economic Forum is taking place at a time of great trials and tribulations world-wide that are impacting on every aspect of our lives. The battle against COVID-19 still rages. In the meantime, the technology landscape is undergoing ground-breaking changes. Our entire planet is facing environmental challenges, including extreme weather. Such transformations pose a threat but also engender new opportunities in the Far East in various economic sectors, such as renewable energy, telecommunications, healthcare and pharmaceuticals, tourism, human capital development and others. The Far East has everything it needs to become a leader in these spheres: talented and hard-working people, a solid diversified economy, government willingness to act, a unique natural environment and geographical location. I am confident that the Forum, which is typically attended by Russian and foreign business leaders, world-famous politicians and public figures, will be the perfect place not only to find solutions to many pressing issues but also to reach agreements on implementing new large-scale initiatives that could promote international cooperation and further stimulate development of the Far East.”minvr.ru
The single multimedia exhibition held by the Ministry for Development of the Russian Far East and Arctic (Minvostokrazvitiya) and the Far East and Arctic Development Corporation (FEDC) showcases the results of the accelerated development of the Far Eastern Federal District, as well as new projects, programmes, social initiatives and services targeting the general public and investors. A single synchronized digital space has been set up. The exhibition is arranged in multi-functional zones, allowing it to be used as a venue for presentations, televised Q&A sessions, formal agreement signings and business negotiations. The Far Eastern Street exhibition includes a display called House Built on a Hectare. There is also a sales exhibition of goods manufactured by participants in the Hectare in the Far East programme. Here visitors can get advice on how to obtain a free land plot in the Far East or the Arctic, and learn more about the services offered to participants in this large-scale project.
The Far East and Arctic Development Corporation (FEDC) is the only development institution serving as a liaison between the state and investors. FEDC provides comprehensive support to residents that have taken advantage of the preferential conditions for operating in the Far East and Arctic by rendering them a wide range of services: offering tax benefits, raising funds for build infrastructure and helping with administrative tasks. In addition, the Corporation is running public benefit initiatives: “Far Eastern Hectare” and “Far Eastern Mortgage”. FEDC staff help investors find employees for new enterprises. They are also involved in devising federal and regional programmes focusing on education and demographics. The Corporation has offices in Moscow and Vladivostok, with subsidiaries and representative offices located in regions of the Far East and the Arctic.
Government of the Republic of Tatarstan
|2002–2007||Philip Morris International, Corporate Affairs Executive, Russia & Belarus.|
Alabuga Special Economic Zone - Largest Special Economic Zone in Russia
|2010–2012||Chairman of the Board, First Deputy Minister of Industry and Trade of the Republic of Tatarstan|
|2012–2013||Moscow City Government, Deputy Minister of Science, Industrial Policy and Entrepreneurship|
Innopolis Special Economic Zone
Best Russian IT cluster (Financial Times, 2019)
Government of the Nizhny Novgorod Region, Russia
Deputy Governor, areas of responsibility:
|Since 2021||Russia Far East and Arctic development corporation|
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!