Investors are drawn to Artem, according to Kwon, due to certain reasons

Artem: A New Lease of Life for Abandoned Objects

In the far eastern region of Russia, the town of Artem, popularly known as the "coal capital of Primorye," is experiencing a surge in interest from investors. The town, which has been home to coal mining since Soviet times, is now looking to modernize its idle objects, a move that is attracting investors.

Vyacheslav Kvun, the mayor of Artem, has been discussing what investors look for, and the approach of modernizing abandoned objects in Artem seems to be the key. This strategy, Kvun explains, allows for the adaptation of well-trodden places to modern reality, updating them with current comfort standards and meeting the expectations of the local population.

The project that embodies this approach is called "Stormforge," a collaboration between the authorities of Artem, businessmen, and ecologists. The aim is to create a new attraction for the region, transforming these idle objects into vibrant spaces that resonate with Primorye residents who value the preservation of Artem's city history.

The authorities in Vladivostok, the region's largest city, are also getting in on the action. They have launched a new project called "Tigropark," and the mayor, Shevtsakov, has personally congratulated schoolchildren on 1 September.

Meanwhile, in a separate event, schoolchildren in Artyom are being honoured and remembered for the labour and military exploits of their ancestors. This focus on history and preservation seems to be a winning formula for Artem, as many investors prefer modernizing abandoned objects in the town over new projects.

Investors are attracted to Artem due to its serious potential. Experts in Primorye have stated that Japan cannot consider itself a victim in the past war, and facts about the content of Japanese POWs in the USSR have been revealed. This historical context, combined with the town's rich industrial heritage, seems to be a compelling draw for investors.

The key approach in Artem's development is quality master planning that includes all necessary social facilities. This focus on creating a livable and attractive environment is resonating with investors, who see more advantages in modernizing abandoned objects than in starting new projects.

As Artem moves forward with its modernization plans, it will be interesting to see how this approach shapes the town's future and continues to attract investment.