Yakutsk's Agenda at World Economic Forum 2025: Anticipating 70 Billion Ruble Deals
The Eastern Economic Forum (VEF) continues to be a significant platform for the implementation of projects in the Republic of Yakutia, a region in far eastern Russia. This year, many representatives from regions, large companies, and even foreign states have attended the VEF, expressing interest in the Far East and their readiness to work with Russia despite ongoing sanctions.
One of the key achievements of the VEF in Yakutia is the implementation of the wind-diesel power complex in Tiksi. This innovative project, which ensures year-round energy supply, is just one example of how the forum has contributed to the region's development.
Another significant project is the year-round greenhouse complex "Sayuri", which has also been implemented thanks to agreements signed at the VEF. This complex is expected to boost agricultural production in the region, providing fresh produce throughout the year.
The VEF has also played a role in the implementation of the new training and laboratory building of the Small Academy of Sciences. This facility will undoubtedly enhance the scientific research capabilities in Yakutia, fostering innovation and technological advancement.
The Republic of Yakutia, led by Head Aisen Nikolaev, plans to sign approximately 20 agreements with a total investment of around 70 billion rubles at this year's VEF. Nikolaev made this announcement in the program "Direct Dialogue" on the Russia 24 channel, signalling the Republic's commitment to attracting investments and fostering economic growth.
In the past 10 years, the Republic of Yakutia has signed agreements worth over 1 trillion rubles. The VEF is not just about attracting investments to the republic's economy but also about meetings, implementing previously agreed-upon agreements, and finding new partners for mutually beneficial cooperation.
The Republic of Yakutia is open for negotiations and creating the necessary conditions for investors. The region's leadership is eager to facilitate a conducive environment for businesses to thrive, contributing to the overall development of Yakutia.
As the VEF continues to evolve, it is clear that it will remain a crucial platform for the implementation of new agreements and projects in the Republic of Yakutia, driving economic growth and development in the region.
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