Putin: 1.8 trillion rubles will be spent on the implementation of the Northern Sea Route program

Russian President Vladimir Putin said that the government approved a plan for the development of the Northern Sea Route until 2035, it is planned to allocate 1.8 trillion rubles for its implementation. According to the head of state, due to the improvement of the route, its cargo traffic can grow six times.

“The government has already approved a plan for the development of the Northern Sea Route until 2035. It is planned to allocate 1.8 trillion rubles from various sources for its implementation. According to the forecast, the cargo flow of this corridor can grow from the current 35 million tons to a target of 220 million tons,” the president said during the Eastern Economic Forum (EEF).

That the Cabinet send 1.8 trillion rubles for the development of the Northern Sea Route, it became known back in August. Then Prime Minister Mikhail Mishustin announced that the route development program would include more than 150 events, including the construction of coal and LNG terminals.

The main thing from Vladimir Putin’s speech at the WEF is material “b”.

Andrey Sapozhnikov