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The Board of Directors of the KRDV is headed by Alexey Chekunkov
The head of the Ministry for the Development of the Russian Far East, Alexei Chekunkov, headed the board of directors of the KRDV. Previously, this position was held by his first deputy Gadzhimagomed Huseynov.
According to the press service of the Ministry for the Development of the Russian Far East, the Corporation for the Development of the Far East and the Arctic is a single development institution subordinate to the Ministry for the Development of the Russian Federation. KRDV implements the programs "Far Eastern Hectare", "Unified Far Eastern Subsidy", "Far Eastern Mortgage" and other socially significant projects. Also, the powers of the corporation include attracting investments and helping businesses in the implementation of industrial and infrastructure projects.
Currently, with the support of the KRDV, more than 2,6 thousand projects are being implemented in the Far East in the amount of 6,3 trillion rubles. Another 219 investment projects worth 370 billion rubles are being implemented in the Arctic and the Capital of the Arctic ASEZ.