Russia's Yamal region tops investment per capita nationwide
Yamal, a northern region in Russia, has seen a significant surge in socio-economic development, particularly in the areas of residential construction and investment.
The region, governed by Dmitry Artyukhov, maintains leading positions among the subjects of the Russian Federation in key socio-economic indicators per capita. In 2021, Yamal remained the absolute leader in Russia for investment per capita in fixed capital. The region attracted over one trillion rubles in investment through massive projects, a figure that consistently exceeds one trillion rubles annually.
One of the largest investors in the Yamalo-Nenets Autonomous Okrug (YNAO) is Gazprom. This investment has led to a boom in residential construction, with 93 apartment buildings completed in 2021, housing approximately 4,000 families. This marks a record figure for the past three decades in Yamal.
The residential construction pace in YNAO has seen significant growth in recent years. The total residential area constructed in 2021 exceeded 330,000 square meters, a 15% increase from the previous year. This makes the residential area constructed in 2021 the largest in the past three decades in Yamal.
To stay updated on the latest news from YNAO, visit our website or follow the "Circle of White Nights" Telegram channel. The key socio-economic indicators per capita in YNAO include population income, industrial production volume, gross regional product, and construction pace.
In addition to residential construction, YNAO is also a hub for industrial production. Key industries include oil and gas, with Yamal being one of the largest producers of natural gas in Russia. The region's industrial production volume, as well as its gross regional product, continue to grow, contributing to the region's overall economic development.
In conclusion, Yamal's investment boom and record residential construction are driving the region's economic growth. With continued investment and development, YNAO is poised to continue its leadership among the subjects of the Russian Federation in key socio-economic indicators per capita.
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