Infrastructure Projects — General Resource for Increasing the Economic Potential of the Arctic

Annotation

The study examines modern challenges affecting the development of the Arctic marine transport system and the economic situation of the Arctic zone of the Russian Federation (AZRF). The basic normative legal acts that determine the activities of economic organizations in the Arctic are presented. It was determined that in the context of the world economy regression caused by geopolitical, economic, natural and other reasons, increasing the AZRF economic potential is a priority goal, and the implementation of tasks for the Arctic zone development and ensuring national security corresponds to the implementation of the Fundamentals of State Policy of Russia. The tendency of competitive struggle by the Arctic countries on the issues of economics and geopolitics is noted. The Northern Sea Route (NSR) is presented as the basis of the Arctic sea transport system, its economic potential, international importance, international integration with the People's Republic of China is shown. The main infrastructural projects of the Arctic for the development of the oil and gas complex, the construction of an icebreaker fleet, the construction of new and modernization of the existing ports of the NSR, etc. are presented to solve the problems of increasing cargo traffic along the Northern Sea Corridor. New projects for modernization of port infrastructure, transport development, etc. are considered. The purpose of the study is to assess the ongoing and planned infrastructure projects carried out by the state and business to increase the economic potential of the Arctic. Many of them are unique, which expresses firm confidence in the modern development of the Arctic zone, in ensuring the national security of the Russian Federation.

About authors

Sergey S. VOPILOVSKIY, Ph.D. of Economic Sciences, Associate Professor, Senior Researcher
Luzin Institute for Economic Studies — Subdivision of the Federal Research Centre "Kola Science Centre of the Russian Academy of Sciences" (IES KSC RAS), Apatity, Russia

Keywords

economy, Russian Arctic zone, infrastructure project, Northern Sea Route, icebreaker fleet, logistics, natural resources

DOI

10.37482/issn2221-2698.2021.43.19

UDC

338.47(985)(045)