Agenda: the development of Strategy for the Socio-Economic Development of the Far Eastern Federal District until 2030, with projections extending to 2036.
Mikhail Mishustin holds a strategic session on the socio-economic development of the Far East
Mikhail Mishustin holds a strategic session on the socio-economic development of the Far East
Mikhail Mishustin holds a strategic session on the socio-economic development of the Far East
Mikhail Mishustin holds a strategic session on the socio-economic development of the Far East
Mikhail Mishustin’s opening remarks:
Good afternoon, colleagues,
During today’s strategic session, we will examine in detail the approaches to the new Strategy for Socio-Economic Development of the Far Eastern Federal District until 2030, with a forecast to 2036, as directed by the President.
The implementation of the current strategy has already yielded many important results for the district, most notably accelerated growth in key economic and social sectors which exceeds or keeps pace with the national average.
As a result, the gross regional product grew by over 25 percent, and private investment reached approximately 5.5 trillion roubles. Companies created more than 170,000 new jobs. These achievements are largely attributable to the wide range of incentives and benefits that have fostered favourable business conditions, including in 16 priority development territories, the Free Port of Vladivostok, the Arctic zone, and other areas.
The regulatory framework for establishing international priority development areas is also nearing completion, allowing such sites to be created as early as 1 January 2026. The President has proposed a radical measure, building on accumulated experience, to launch a unified preferential regime for businesses starting in 2027. The Ministry for the Development of the Russian Far East and Arctic is carefully studying this initiative.
Today, the Far East has developed a robust and modern resource and industrial base that can unlock the full potential of each of its regions. This potential is not limited to industry alone; there are also good opportunities in tourism, agriculture, green energy, creative industries, and many other sectors.
And, of course, people remain the most important factor. When we say that comfort and living standards in the district should exceed the national average, this is a key prerequisite. The climate in some Far Eastern regions is extremely harsh which complicates logistics. To ensure that residents of remote areas have access to a wide range of goods, particularly essential items, a comprehensive northern delivery system has been fully established.
Housing construction is progressing under several programs, including the unified presidential subsidy and the Far Eastern Quarter initiative. The total area of housing commissioned has increased by more than 50 percent. Subsidised Far Eastern and Arctic mortgages are also in high demand. Starting next year, these mortgages will be expanded to the existing housing market in all district cities, where new housing construction is currently minimal.
Populated areas are gradually being transformed into more attractive and liveable spaces, a progress we observe during each of our working trips. Regions are already implementing master plans for cities and urban agglomerations. For example, the Amur Region, which we visited this year, is actively advancing such initiatives. I would like to highlight that the President has instructed these efforts to be incorporated into national projects and properly funded, as I discussed yesterday at the meeting of the Council for Strategic Development and National Projects.
This large-scale, sustained effort has produced a significant trend: people are no longer leaving the Far Eastern Federal District in large numbers. Moreover, for the first time in many years, over 24,000 people have moved to the region. This positive momentum must not only be maintained but also expanded further.
A comprehensive approach is required to provide citizens with modern housing, improve cities and towns, develop infrastructure, enhance transport connectivity, ensure access to high-quality healthcare, and, of course, guarantee quality education. I want to emphasise that a unique situation has emerged in this area.
Over 4,000 young people from other Russian regions have come to study at universities in the Far East, a 25 percent increase compared to last year. They are attracted by opportunities to pursue higher education, acquire professional skills, and secure well-paying jobs. These opportunities have been created in the region, supported by the high-quality education system that has developed in the Far East.
System-wide measures have established a solid foundation, elevating all the processes to a higher level. The goal is to continue transforming the Far East into a competitive, liveable macro-region with a high-tech economy and modern, well-developed infrastructure, which will also play a key role in Russia’s cooperation with Asia-Pacific countries.
Today, we will discuss the measures to be included in the new strategy and the plan for its implementation in the coming years.
