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ROSATOM: By 2035, private investments in Arctic projects on the Northern Sea Route will reach 18.5 trillion rubles.

Tax revenues during the same period are expected to total nearly 21 trillion rubles.

8 December 2023

Private investments in Arctic projects associated with the Northern Sea Route (NSR) will amount to 18.5 trillion rubles by 2025. Expected tax revenues for the same period from the Arctic projects will reach almost 21 trillion rubles. This was announced by Vladimir Panov, ROSATOM's special representative for Arctic development, at the plenary session of the 13th International Forum "Arctic: Present and Future," as reported by PortNews.

Since 2018, ROSATOM has been the infrastructure operator of the Northern Sea Route, ensuring its safe and uninterrupted operation.

ROSATOM is expanding its logistics business, including the EuroAsian Container Transit project, which aims to establish a maritime transit container shipping service between the eastern and western parts of Eurasia via the Northern Sea Route.

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