4 July 2016
Preparations have begun for the first phase of development and construction of infrastructure components at the Fandyushkinskoye coking coal deposit, Far Eastern Capital magazine reports.
By the end of this year, Tigers Realm Coal Limited, a mining company resident in the Beringovsky ASEZ, will invest more than USD 17 million in the project. This will make it possible to bring the annual production of high quality coal in this area to 200,000 tonnes by 2017. The mined coal will be shipped to Asia-Pacific countries, including China and South Korea, as well as cover Chukotka’s own needs.
According to Roman Kopin, Governor of Chukotka Autonomous District, the launch of the coal production operation will provide strong impetus to the development of all sectors of the district’s economy and lead to a significant increase in regional revenues and the standard of living of its residents, as well as enable Chukotka to achieve full budgetary self-sufficiency.
“By 2028, Tigers Realm Coal Limited plans to reach an annual production level of 10–12 million tonnes of top quality coal concentrate ranked among the best on the market. During the interim period, we expect increases in many indicators, including employment levels and the development of small and medium-sized enterprises across a number of domains, such as the provision of services to major clients,” the regional head stated.
06 March 2024
Selection Underway for Third Installment of Far East State Management Personnel Training Programme
The Ministry for the Development of the Russian Far East and Arctic has teamed up with the Far East and Arctic Development Corporation to implement the ‘Muravyov-Amursky 2030’ management programme, providing training for the civil service and development institutions of the Far East.
07 March 2024
Moscow discussed promoting the potential of the Republic of Kalmykia for its development
A meeting between Anton Kobyakov, Adviser to the President of the Russian Federation, and Batu Khasikov, Head of the Republic of Kalmykia, was held in Moscow to discuss the implementation of a number of key projects and programmes designed to create a long-term basis for the structural development of the economy of the Republic of Kalmykia and the Caspian region.
19 April 2024
Preparations for EEF 2024 Underway
Deputy Prime Minister of the Russian Federation and Presidential Plenipotentiary Envoy to the Far Eastern Federal District Yury Trutnev held the first preparatory meeting for the 9th Eastern Economic Forum. Topics included in the agenda range from future technologies and the development of transport infrastructure to the modernization of energy systems.
