Arkhangelsk's master plan includes investment projects worth RUB 378 bn
The master plan includes the construction of a new deep-water port, access roads and the development of scientific and educational facilities.
15 October 2024The long-term comprehensive master plan for renovating the Arkhangelsk agglomeration includes investment projects totalling RUB 378 bn. This was disclosed to TASS by the region's governor, Alexander Tsybulsky.
'We now have a fully completed master plan. Our investment volume is around RUB 378 bn. Most of the funding in the master plan comes from non-budgetary sources and investors,' he said.
He noted that the master plan includes building a new deep-water port, access roads, and developing scientific and educational facilities.
In December 2023, the government identified 16 key Arctic settlements for which master plans are being developed for the period up to 2035, with implementation set to begin in 2025.
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