The mission of the Far East and Arctic Region Development Fund is to implement priority investment projects by making interest-bearing and repayable investments on soft terms favorable to business (5% p.a., long-term loans) in the Russian Far East and Arctic Region.
Fund’s core business lines:
- Financing major industrial and infrastructural projects in the Russian Far East and in the Arctic Region in the form of loans and direct investments;
- Developing hi-tech facilities for investors;
- Supporting small and medium business in the Russian Far East;
- Promoting international cooperation. The Fund prioritizes collaboration with the leading companies and financial institutions from the countries of the Asia-Pacific Region.
The Fund is a public development institution that catalyzes the investment process in the macroregion to boost social and economic development in the Russian Far East.