EventRussia plans to invest about RUB10 trillion ($116 bn) by 2035 to develop a fully integrated Arctic transport corridor, including ports, rail, waterways, and an expanded icebreaker and merchant fleet. The project will require international funding, with China positioned as a likely key partner to overcome Western sanctions and expand the Northern Sea Route into a global shipping corridor.
Russia will invest around RUB10 trn ($116 bn) by 2035 to develop its Arctic coastline into a full transport corridor, boosting its Arctic shipping capacity and trade routes.
Russia plans to invest about RUB10 trillion ($116 bn) by 2035 to develop a fully integrated Arctic transport corridor, including ports, rail, waterways, and an expanded icebreaker and merchant fleet. The project will require international funding, with China positioned as a likely key partner to overcome Western sanctions and expand the Northern Sea Route into a global shipping corridor.
