Investment Portal of the Arctic Zone of the Russian Federation

RUB 2 tn may be allocated to the development of the North Sea Route until 2035

Rules for granting subsoil areas in the Arctic will be prepared as part of the development of the North Sea Route

14 July 2022

Up to 1 August 2022, the government will approve the development plan for the North Sea Route (NSR) for the period until 2035. The draft document was considered at a meeting chaired by Yury Trutnev, Deputy Prime Minister of Russia and Presidential Plenipotentiary Envoy to the Far Eastern Federal District. This is reported by Interfax.

'The total amount of funding for the development plan of the North Sea Route until 2035 could be about RUB 2 tn. It is assumed that by 2035, private investors will invest about RUB 15.6 tn in the development of investment projects that form the cargo base of the North Sea Route, which will provide an increase in the gross product of RUB 28.5 tn and tax revenues to all levels of the budget system of the Russian Federation in the amount of RUB 16.3 tn,' the press service of Trutnev reported.

Yury Trutnev reminded that President Vladimir Putin set the task of accelerated development of the North Sea Route, and it must be accomplished.

'Now we see that the rupture of economic ties with unfriendly Western countries has led to a reversal of the flow of products of exporting companies to the East, sharply increasing the load on the Baikal–Amur Mainline and the Trans-Siberian Railway. The North Sea Route can and should partially take on such a load, and this will make it possible to deliver goods on time and sometimes more efficiently. But organising the work on the development of the North Sea Route requires joint efforts of several federal ministries and agencies. In particular, it is necessary to solve the issues of modernisation and creation of new transport infrastructure, fleet construction and organisation of services providing cargo transportation. All of these activities will be part of the overall plan that we discussed today. It will outline the necessary measures with deadlines and responsible structures,' noted Trutnev.

There are five main sections in the plan for the development of the North Sea Route. The first is related to activities aimed at increasing the export cargo base, coastal and transit shipments and the development of a promising cargo base.

The second section includes measures for the modernisation and construction of port infrastructure and approaches, rail and river transport corridors and dredging in the waters of the North Sea Route. The construction of 12 port terminals and the modernisation of two existing ones is also included in the plan.

The third direction is related to the development of the Arctic cargo and icebreaking fleets and the creation and development of Arctic shipbuilding and ship repair facilities. Thus, it is planned to build 153 vessels, including 12 icebreakers and 46 rescue fleet ships.

The fourth direction is devoted to the formation of the Arctic satellite constellation, development of rescue infrastructure, hydrographic, hydrometeorological, medical and personnel support.

Another section is aimed at providing information and digital services in the waters of the North Sea Route, forecasting ship traffic and expanding international cooperation. In particular, the development of a prototype of an onboard automated information-measuring system for recording the main parameters of the ice cover and meteorological conditions in the area of the ship's location is discussed. At the meeting, the project of an integrated information system for time and coordinate support was presented, and there was also a suggestion to create a single platform of digital services of NSR.


See all


Read more