Risks Associated with the Implementation of Fishery Development Program in the Far Eastern Federal District

Abstract

The development strategy for the fisheries industry in Russia up to 2030 stipulates a number of projects aiming to fill the national market with quality fish products and ensure the sustainable development of fishery companies in the key fishing regions. Every project has target indicators, a set of actions to achieve the strategic goals and the expected results. Besides, projects are vulnerable to some risks that prevent the achievement of the desired goals. Thus, the assessment of plausible risks and implementation barriers for strategic actions allows for the early-stage forecasting of the situation development, adjusting strategy implementation, and minimizing the deviation from target indicator values. This article presents the discussion of the results of the preliminary analysis of risks affecting the implementation and goal achievement of the Development Strategy for the Fisheries Industry in Russia up to 2030 in the Far Eastern Federal District as one of the key fish producers. To analyze the risks, we used the expert risk assessment method that helped identify the key risks in the fisheries industry development projects.