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19:11 | Nov 21 | 2011

Develop and Rule

Prospects and approaches to development of the Russian Far East have been discussed in Khabarovsk

Development of special mechanisms for stimulation of economy of the Far East, attraction of investments on the basis of public-private partnership, as well as creating conditions for improving the quality of life in the region, – these were the main topics of the 5th Far Eastern International Economic Forum “Far Eastern Priorities in the 2020 Strategy” held in Khabarovsk.

A Yakutian delegation led by the First Deputy Chairman of the Republic’s Government Gennady Aleekseev took part in the Forum. The delegation consisted of the State Assembly (Il Tumen) speaker Vitaly Basygysov, Vice Premier Minister Anatoly Skrybykin, First Deputy Minister of Economy and Industrial Policy Valentina Kondratieva, as well as heads of major enterprises.
At the opening of the plenary session that was held on October 4 in the local Music Theatre welcoming remarks from the President of the Russian Federation Dmitry Medvedev, Chairman of the Government of the Russian Federation Vladimir Putin, Speaker of the State Duma Boris Gryzlov, RF President’s Plenipotentiary in the Far Eastern Federal District Victor Ishaev were read. “I am confident that recommendations developed at the Forum will contribute to further rise of the Russian eastern territories, development of interregional and trans-border cooperation”, - the head of the state said in his address to the Forum participants. While the Prime Minister noted in his welcoming telegram: “Issues related to dynamic development of the Russian Far East, increasing its investment attractiveness, realization of the region’s high industrial, natural, human potential are rightly on the top of the state’s agenda”.
The session featured presentations from the Deputy Head of the Russian Federation Ministry of Regional Development Roman Panov and the Deputy Minister of Agriculture of the Russian Federation Alexander Chernogorov. Panov noted that the Russian Government was developing a new state program “Social and Economic Development of the Far East and the Baikal Region” that had to combine the federal target-oriented programs for development of the regions that had been in place earlier. “Main development instruments, which have demonstrated their effectiveness to date and permitted the Government to steadily expand investment activity in the region, are being incorporated into the state program”, - the official stressed. For example, over the period from 2008 through 2010 95.5 bil rubles, including more than 68 bil rubles from the federal budget, has been allocated for implementation of the Program “Economic and Social Development of the Far East and the Trans-Baikal Region for the period until 2013”. At the same time, Roman Panov noted that as a result of the program’s adjustment in the current year the amount of financing has been cut, and proposals are being developed for bringing the amount of allocated funds to original levels. According to the Deputy Head of the Ministry of Regional Development, a meeting of the state commission on priority areas of the region’s development chaired by the First Vice Prime Minister of the Russian Federation Government Igor Shuvalov will be held in the beginning of November in Vladivostok.


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Gennady Alekseev stressed the importance of implementing new instruments of public-private partnership that envisage reimbursement of private investments by adjusting the amount of future taxes: “This mechanism must be launched as soon as possible. It will allow us to complete the projects that have already been started and to start new ones in the conditions of scarcity of budget funds. To allocate budget funds in driblets for investment projects that are already in progress is, in our view, the least efficient approach”.

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“The Far East must be not just supported, but developed”, - in this brief and concise manner one of the round table participants expressed his view.

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Alexander Levintal, Deputy to the RF President’s Plenipotentiary in the Far Eastern Federal District: “We must prove that preferences for the Far East are not a loss for the budget, quite the opposite, the budget benefits from them, since they create a room for attraction of investments”.