Russia presents an ambitious 5-year plan for Arctic investment
Russia is planning 5.5 trillion rubles of invest on infrastructure and development in the Arctic by 2024.
December 14, 2018
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Russia plans to invest some 5.5 trillion rubles (about €72 billion, or $82 billion) on regional infrastructure and natural resource development in the Arctic in its next five-year-plan. That’s an amount equivalent to the country’s national budget on health and education — though leaders expect much of that investment to come from private sources.
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