Information about report: Investment activity in the Arctic: problems and incentive mechanisms

The increase of investment activity in the Far North is one of the key challenges of the new State Program "Social and Economic Development of the Arctic Zone of the Russian Federation". Large-scale projects in the macroregion are associated with high capital costs and long payback periods. Enterprises that extract minerals in the Arctic face complex mining, geological and environmental climatic conditions of development, bear the costs of the need to create transport, energy and social infrastructure in the development of new fields.

The effective interaction between business and government is necessary for the most efficient implementation of investment projects in the Arctic zone of the Russian Federation. At the panel session, it is planned to discuss the conditions and procedure for granting state support to Arctic enterprises.

Issues for discussion:

• Creating favorable conditions for investment activities in the Arctic zone
• Improving legislation and reducing administrative barriers for enterprises investing in the Arctic region
• Building an effective system for attracting investors to the Arctic zone of the Russian Federation

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