Nine businesses plan to invest $30 million in Arctic Region’s economy

The investors plan to build residential houses in Severodvinsk, to upgrade the heat energy systems, to develop marine freight infrastructures, to expand an existing farm and to organize the production of fire-rated doors and gatesARKHANGELSK, November 2. /TASS/. Nine new residents of the Russian Federation’s Arctic Zone will invest almost 2 billion rubles ($30 million) in the Arkhangelsk Region’s economy, the Agency for Regional Development’s press service told TASS on Monday.
Access to content from the Arctic Knowledge Archives is available to Passport holders only.
Arctic Today is a non-profit organization, supported by donations from readers like you. While we strongly believe in giving free access to current news for all readers, we reserve content older than one year for our supporters. All individual contributions of at least $15/month or $150/year will receive a Passport to the Arctic Knowledge Archives. Help us drive the leading non-profit editorial team dedicated to delivering context, information and analysis about events in the Arctic.
Already have a Passport? Sign in
choose your level of support and unlock your Arctic Passport.
Individual Annual
$1.00
Year
Individual Monthly
$15.00
Month