This text is translated into Russian by google automatic human level neural machine.
EastRussia is not responsible for any mistakes in the translated text. Sorry for the inconvinience.
Please refer to the text in Russian as a source.

The Government of Chukotka sent a draft agreement on the joint investment project for the development of the mining zone and energy to the leadership of the Magadan Region

The government of the Chukotka Autonomous Okrug has sent for consideration to the Governor of the Magadan Region an agreement on the implementation of a large investment project for the development of the Baimskaya mining zone, which also includes an infrastructure project for the unification and development of energy in the two regions. We are talking about the construction of a power line, which will allow to unite the closed power systems of the Far East - Chukotka and Magadan, the press service of the Chukotka government reports.

The governor stressed that this is an expensive project that requires about 34 billion rubles for implementation, according to specialists' calculations, of which 3 billion rubles are ready to be invested by a private investor.

- This point is also discussed in the agreement, - noted Roman Kopin.

The head of the region stressed that the issues of investment and energy are considered in direct dependence on each other.

- We are confident that the driver of economic development not only in Chukotka, but also in the Far East as a whole is electricity at an affordable price. This is a guarantee of the comfort of the investment environment, - said Roman Kopin.

The Governor explained that affordable energy will allow launching such projects as the development of the Kekura gold deposit and the construction of the Baimsky GOK, which, in turn, will become stable and long-term consumers of the energy resource.

- We are talking about connecting Chukotka via power lines to the Ust-Srednekanskaya HPP, which means that the Magadan region will use free energy capacities, which will reduce tariffs in the region itself, receive a permanent large and reliable consumer, significant additional revenue in billions of rubles, with which they will be paid taxes and payroll of employees in both regions. In addition, as practice shows, a large percentage of the personnel at the Chukotka mines come from Kolyma, that is, this largely solves the issues of employment, - said Roman Kopin.

According to the head of the region, about 120 billion rubles of private investment is expected to implement the projects "Kekura" and "Baimsky GOK".

- We hope that at the first stage for launching projects we will receive financial support from the Federation, and in the future, in order to balance investment investments and needs for them, we may attract partners, private money or use the services of the National Wealth Fund, - said governor.

We add that, according to the adviser to the governor on energy issues, Viktor Kudinov, the draft agreement was also sent to the Ministry of Energy and the Ministry of Eastern and Eastern Development, where the document is being studied.

September 18: current information on coronavirus in the Far East
Digest of regional events and latest statistics