Mikhail Mishustin: Government to finance infrastructure projects for NSR’s development
© RIA Novosti. Dmitriy Astakhov

Mikhail Mishustin: Government to finance infrastructure projects for NSR’s development

About 3.8 billion rubles will be allocated to create a single digital ecosystem for the Northern Sea Route, which will unite all electronic services for players on the logistics market. Development is scheduled to be completed by mid-2025.

It means the creation of an “ice navigator,” which will provide up-to-date data on weather conditions, the location of ships and the workload of ports. In addition, it will simplify logistics services, including the issuance of permits for the passage of ships, monitoring, dispatching, and fleet management.

More than 3.5 billion rubles will be spent on deepening the Bukhta Sever port water area,t at the mouth of the Yenisei. Part of the funds will go into the development of navigation safety systems, which will allow the navigation of ships carrying more than 120,000 tons of payload. The decision will make it possible to increase the volume of cargo transportation along the NSR by 80 million tons by 2024.

“The President emphasized that this would allow Russia to fully unlock its export potential and establish effective logistics routes, including to Southeast Asia. Such work is important for strengthening the sovereignty and security of the country. We hope that the measures taken will stimulate economic activity in the Arctic zone, improve transport accessibility and supply its inhabitants with the necessary products, as well as generally accelerate the development of the region,” Mikhail Mishustin emphasized.

Work to ensure all-year-round navigation in the Arctic is carried out in line with the President’s instructions.