Economic incentives attract 766 investment projects in Russian Arctic region: official

STORY: Economic incentives attract 766 investment projects in Russian Arctic region: official SHOOTING TIME: Dec. 7, 2023 DATELINE: Dec. 8, 2023 LENGTH: 0:01:02 LOCATION: ST. PETERSBURG, Russia CATEGORY: ECONOMY SHOTLIST: 1. various of the plenary session 2. various of the activities and expositions during the session STORYLINE: A total of 766 investment projects have been announced for implementation in the Russian Arctic region after the creation of a local economic preferences system, a senior Russian official said on Thursday. Russia's strategy to support the development of the Arctic region, which has been implemented since 2020, has attracted 766 investment projects, said Gadzhimagomed Guseinov, the first deputy minister for the development of the Russian Far East and Arctic, at the plenary session of the 13th International Forum "Arctic: Today and the Future" held in St. Petersburg. The total investment will reach 1.75 trillion rubles (about 19 billion U.S. dollars), and the projects are expected