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Total value of Far East investment projects exceeds 4 trln rubles

July 18, 2013, 12:25 UTC+3

In 2013, as many as 387 investment projects are being implemented in the Far East

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KHABAROVSK, July 18 (Itar-Tass) - The total value of investment projects that are currently being implemented in the Far East exceeds 4 trillion roubles, Russian Minister for the Far East Development, RF presidential envoy to the Far Eastern Federal District Viktor Ishayev stated in Khabarovsk on Thursday.

In 2013, as many as 387 investment projects are being implemented in the Far East. The largest ones are in the oil and natural gas sphere worth1 trillion 515.7 billion roubles. Major investments are also planned in the transport sector (800.3 billion roubles) and in other sectors of the economy.

For more active promotion of investment projects in the transport sector, an agreement between the Ministry for the Far East Development and the Russian Railways company (RZD) was signed in Khabarovsk on Thursday.

Viktor Ishayev said that reconstruction of the Trans-Siberian Railway, the modernisation of the Baikal-Amur Mainline (BAM-2), connection the Trans-Korean railway line to the network of Russian railways are planned. Also, special attention will be paid to the construction of the railway from the mainland to Sakhalin with a crossing over the Nevelski Strait. Assistance will be provided in Yakutia in the construction of the Berkakit - Tommot - Yakutsk railway and a bridge over the Lena River.

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