Russia Unveils $41 Billion Arctic Expansion Plan by 2035

The Russian government has approved a long-term development plan for 15 Arctic settlements, including Tiksi and Nayba, stretching until 2035. The master plan, commissioned by President Vladimir Putin, focuses on improving infrastructure, public spaces, and economic growth in the region.

The centrepiece of the project is a new deep-water port in Nayba, designed to boost trade and create jobs. Additional upgrades will cover transport, utilities, and social facilities across the settlements. The plan outlines two phases: a baseline scenario by 2035 and an optimistic forecast extending to 2040. By 2030, Tiksi and Nayba will see modernised infrastructure, including a seaport terminal in Nayba capable of handling 1 million tons of cargo. The project also includes a new airport terminal, a passenger pier in Neelovo, and a road connecting Tiksi to Neelovo.

A fleet of water transport vessels will be acquired to support the growing logistics network. Environmental measures are part of the strategy, with 12 sunken ships set for removal. Funding for the first stage (2025–2027) is allocated at 3.3 billion rubles, part of a total 41 billion ruble budget.

From 2035 onwards, the optimistic scenario envisions expanding Nayba’s terminal capacity to 10 million tons. This growth will be driven by hydrocarbon projects and the Northeast Transport Corridor, linking China’s Heilongjiang Province, Amur Region, and Yakutia via Zhalinda and Mohe. By 2040, the region aims to become a major transport and logistics hub in Russia’s Northeast.

Social improvements include renovations to schools, hospitals, cultural centres, and sports facilities. Utility upgrades and public space development will also enhance living standards in the settlements. The approved plan sets clear targets for Tiksi and Nayba’s development over the next two decades. The deep-water port in Nayba will serve as a key economic driver, while infrastructure and social upgrades aim to improve daily life. With a budget of 41 billion rubles, the project marks a significant investment in Russia’s Arctic future.