Russian Authorities Should Encourage Companies To Invest In Far East - Putin

Russian Authorities Should Encourage Companies to Invest in Far East - Putin

Russian authorities should consider incentives for companies that are able to invest in projects in Russia's Far East, Russian President Vladimir Putin said on Monday.

VLADIVOSTOK (Pakistan Point News / Sputnik - 10th September, 2018) Russian authorities should consider incentives for companies that are able to invest in projects in Russia's Far East, Russian President Vladimir Putin said on Monday.

According to the president, more than 50 billion rubles ($715 million) will be allocated until 2020 to implement the plan for developing economic growth centers in Russia's far eastern regions.

"We have much work to do. It is important... to create incentives for the work of companies that are able to accomplish demanding state tasks," Putin said at a meeting of the Presidium of the State Council on the sidelines of the Eastern Economic Forum (EEF) in Vladivostok.