Russian Arctic investment booming – official ...News

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Russian Arctic investment booming – official
source : Russia Today ( News ) () 25
Hundreds of projects are expected to be implemented in the region The launch of a special economic zone with a wide range of tax breaks and other business incentives in the Russian Arctic has helped to attract significant investment, First Deputy Minister for the Development of the Far East and the Arctic, Gadzhimagomed Guseynov, has said. According to the official, who was addressing a conference dedicated to development of the region last week, over 760 projects with total investments of 1.75 trillion rubles ($18.4 billion) could be realized due to the mechanisms of state support approved in 2020. This would hel

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