Irkutsk
Ulan-Ude

Blagoveshchensk
Chita
Yakutsk

Birobidzhan
Vladivostok
Khabarovsk

Magadan
Yuzhno-Sakhalinsk

Anadyr
Petropavlovsk-
Kamchatsky
Moscow

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The development strategy of the Magadan region to 2030 year will help increase the GRP in 2,3 times

The Governor of the Magadan Region, Vladimir Pechenyi, submitted a draft regional law "On the Strategy of Social and Economic Development of the Magadan Region for the Period until 2030" to the Magadan Regional Duma. The main goal of the strategy is to improve the living standards of the region's residents.

According to the press service of the Duma, the expected effect of the strategy is to ensure long-term growth of macroeconomic indicators, increase in the region's tax base and revenues to the consolidated budget of the region. As a result, the gross regional product (GRP) is expected to increase by 2030 year in comparison with 2010 year in comparable prices, presumably in 2,3 times.

"The bill sets general guidelines for the future development of the social and economic system on the territory of the Magadan region for government bodies, business, potential investors, is the basis for the development of plans, programs, projects, forecasts," - said in the message.

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