Yakutia Received the Most Investment in the Far East
OREANDA-NEWS According to Rosstat, for the first half of 2018, the volume of investments in fixed capital in the Republic of Sakha (Yakutia) amounted to more than 180 billion rubles, which is the best indicator in the Far Eastern Federal district. The Republic accounts for more than 37% of the total investment in the district.
At the end of 2017, investments in the main capital in Yakutia increased by 35.4%, and in the first half of 2018 — by 15.6%, which is significantly higher than in the Russian Federation and the far Eastern Federal district.
Attracting investment is one of the key factors contributing to social and economic development in modern conditions. This gives impetus to the development of infrastructure, the growth of industry and, ultimately, to the welfare of the population. At the end of 2017, the volume of investments in fixed assets in Russia as a whole increased by 4.4%, and in the first half of 2018 — by 3.2%. However, the dynamics of investment in the regional context is very heterogeneous. In a number of regions, investment activity is at a low level, and there are regions that attract investment at a much higher rate than the all-Russian ones. High investment activity in Yakutia is an important stimulus for its economic development.
At the end of 2016, the Republic became the leader in terms of gross regional product in the district, while the growth of gross regional product in the region has been observed over the past seven years. In 2016, the index of physical volume of gross regional product in the country amounted to 104.0%. According to this indicator, Yakutia ranks first in the far Eastern Federal district and eighth among all subjects of the Russian Federation. The Republic is among the top ten regions of the Russian Federation in terms of GRP per capita.
The Republic of Sakha (Yakutia) takes the 21st place in the Ranking of socio-economic situation of the regions at the end of 2017, prepared by the Agency "RIA Rating". From the regions of the far Eastern Federal district in the rating, it is second only to the Sakhalin region.