Abstract
The issues of the Russian Arctic development are considered in the paper. The authors study the trends and factors in the formation of the Arctic transportation. The subsoil use is researched as an industry that stimulates the active development of the Arctic at the present stage. The analysis of the interdependence of the two sectors of the economy is carried out as well as the reasons for their integration are substantiated. The authors consider government incentives for investment in the Arctic. The article discusses the reasons why it is still not possible to use the resource potential of the Arctic to its full capacity. According to the authors, the transport infrastructure does not meet the needs of investment. They suppose that an obstacle to the further inclusion of the Russian Arctic in an active economic turnover is the delay in the construction of the infrastructure to support the Northern Sea Route: ports, icebreakers and rescue vessels. A breakthrough in transportation is required for further successful implementation of investment projects for the extraction of hydrocarbons and other minerals. Therefore, the development of the Arctic should be considered only in the context of the integration of subsoil use and transportation. In conclusion, the authors outline the main tasks that the state needs to solve for the Arctic policy implementation.
Highlights
In last decade, the vector of state policy in Russia has headed towards the Arctic
For the Russian Arctic practice, projects implemented on the basis of PPP are a novelty, in other Arctic countries there are successful examples of the implementation of infrastructure projects based on this mechanism
It is important to use in the Russian Arctic the experience of foreign countries in the implementation of projects for industrial development especially in transportation based on PPP [8]
Summary
The vector of state policy in Russia has headed towards the Arctic. The government's attention to this important region is explained by the need to ensure the national security and economic interests of the country. Melting ice and increasing the availability of natural resources on the continent stimulate technological progress, which leads to the development of innovative solutions in the field of subsoil use, storage, processing and transportation of raw materials and goods. An example of such rapid technological change is the production of liquefied natural gas (LNG). The development of LNG and the need to create new capacities for its transportation is a separate example of significant shifts in the subsoil use industry. The authors investigate the relationship between the transport industry and subsoil use, identify the problems of their development in the Arctic, and offer recommendations for their solution
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