Foreign direct investment in the Russian Far East has grown significantly since 2013, according to Deputy Prime Minister Yuri Trutnev. Special economic zoning and concessions have stoked investor interest in the region.
“When we started working on the development of the Far East in 2013, the share of foreign direct investment was just two percent. Today it accounts for 32 percent, which is a 16-fold increase,” Trutnev told Rossiya 24 TV channel on Monday. “The volume of investments has already exceeded 1.3 trillion rubles ($17.6 billion).”
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