EconomyArctic, Trans-Arctic corridor development project needs $11.5 bln in investments
The Far East and Arctic Development Corporation, VIS Group and the Crystal of Growth Foundation have signed a deal to raise about 1 trillion rubles ($11.5 billion) for developing Russia’s Arctic zone and the Trans-Arctic Transport Corridor. Projects may use project financing, public-private partnerships and concessions, with a potential international investment fund also under consideration.
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TASS★★★☆☆2026-09-03 14:55Original
Arctic, Trans-Arctic corridor development project needs $11.5 bln in investments