Russia announceThe total investment will reach 1.75 trillion rubles (S $ 25.5 million).

Xinhua News Agency reported that Husseinov, the first deputy minister of the Far East and Arctic Development Department of Russia on Thursday (December 7), said that Russia's development strategy that supported the Arctic region began in 2020 has attracted 766Investment projects, the total investment will reach 175 trillion rubles, and it is expected to create about 40,000 jobs.As of now, local investment projects have created more than 13,000 jobs.

Husseinv said at the 13th "Arctic: Status and Future" International Forum in St. Petersburg, saying that all the mining investment in all investment areas is about 862 billion rubles(S $ 12.487 million), 44 projects are being implemented.Followed by the oil and gas chemical industry, the investment amount is about 207 billion rubles (S $ 2.954 million), and 15 projects are being implemented. As far as the industry is concerned, the service industry projects have the most and 197 projects.The construction and development industry ranks second with 143 projects, and 127 projects in the tourism industry are being implemented.

In addition, the Russian National Atomic Energy Corporation's Arctic Development Affairs Special Representative Panov said at the plenary meeting that the northern channel will transport more than 36 million tons of goods in 2023 to break the record.

The 13th "Arctic: Status and Future" International Forum was held in St. Petersburg from December 7th to December 8th. More than 2,000 representatives from Russia and other countries will focus on the social and economic development issues around the Arctic region.Exchange opinions and formulate strategies.