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The total investment in ‘Kangalassy Industrial Park’ Advanced Development Zone for 2016-2028 will be 10.3 billion rubles. The presentation of the long-term development plan for this Advanced Development Zone was held on April 4 in the Ministry of Investment Development and Entrepreneurship of Yakutia. The share of budget funds in the project is 19%. 62% of budget investments - federal funds; 42% of private investments - the contribution of residents and approved applicants. By 2028 the activities of residents will increase the industrial production of the Far Eastern Federal District by 0.25% and create about 1,100 new jobs.

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Chinese partners double investment in the economy of the Far Eastern Federal District. Today, the volume of investment from China is about $ 3 billion. This was announced by the Minister of the Russian Federation for the Development of the Far East, Aleksandr Galushka, at a working meeting with representatives of business and research circles of the People's Republic of China, which took place within the framework of Valdai International Discussion Club, the press service of Minvostokrazvitiya reports.

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Public Joint Stock Company ALROSA, the world leader in diamond mining, has held an auction to sell industrial grade and gem quality natural rough diamonds in the Eurasian Diamond Centre in Primorye (the Russian Far East). 22 companies from China, South Korea, India, Europe, Russia and other countries participated in the auction.