Yakutia's Economic Impact Discussed by Aysen Nikolayev
Gearing Up for Republic Day, Yakutia's Leader Spills the Beans to Rossiyskaya Gazeta
Up till the brim with excitement as Republic Day loomed near, Aisen Nikolaev sat down for a scorer with Tatyana Mishinova, a correspondent from "Rossiyskaya Gazeta." In this candid chat, Il Darhan delved deep into Yakutia's substantial impact on the Far East's and the country's economy at large.
Bringing up last year, he reminisced about a doubly impressive industrial growth that far surpassed the national average, hitting 8.5%. The cherry on top? The region set a historical record in coal production, thanks to the launch of new facilities at the Elginsky deposit.
What's more, Yakutia reigns supreme in the production of oil, gas, gold, and diamonds and ranks first globally for diamonds. And guess what? This positive trend has been persistent, as evidenced by the 6.3% growth recorded from January to February this year.
Last year wasn't just about breaking records—it also witnessed unprecedented advances in housing. Yakut builders pitched in to put up 752 thousand square meters, a feat never seen before. Sixty-one major social facilities, including schools, kindergartens, medical centers, and hospital complexes, also saw the light of day.
Interestingly, construction volumes spiked in the initial two months of 2024 due to infrastructure development on the "Power of Siberia" gas pipeline and the Elginsky deposit.
While Yakutia's industrial prowess is undeniable, its real star lies in its demographic indicators. According to Il Darhan, the republic is number one as far as birth rates are concerned in the Far East and is among the top ten in Russia for population growth.
Under the Hood: Yakutia's economy is powered by a thriving mining sector that is rich in diamonds, gold, and precious stones. While infrastructure development is on the rise, employing unmanned aerial vehicles (UAVs) and amphibious all-terrain vehicles (ATVs) to improve connectivity and reduce costs in delivering goods to remote areas, challenges like unfavorable climatic conditions and delivering supplies to remote areas remain obstacles.
In the midst of their discussion, Aisen Nikolaev shared insights about Yakutia's flourishing economy, stating that it significantly contributes to the nation's finance sector, with sectors like mining, particularly diamonds, gold, and precious stones, being key drivers. Furthermore, he also highlighted the remarkable growth in infrastructure development, such as the "Power of Siberia" gas pipeline and Elginsky deposit, which have positively impacted Yakutia's finance industry.
