International rating agency Fitch Ratings Ltd confirmed longterm rating for the region «Stable» in 2010 Stability of regional economy High potential of economic development Moderate debt loan Rising of investor's trust and increase of region investment attractiveness 2 CONCEPTION OF MURMANSK REGION – 2025 Murmansk region is a main Russian outpost in the Arctic and North Atlantic regions Economic growth with new quality Sustainable development of natural resources Educational and technological components of Arctic researches Tourism and sports — new effective sectors of economy 1 6 2 7 3 4 3 Modernization and renovation of urban environment 8 Distributed power economy on CO2neutral sources 9 Budget network on a new technological platform 10 5 Blurring of distinction between «permanent» and «temporary» population «Compact», professional and highefficient executive authority 6 STRATEGIC INITIATIVES OF MURMANSK REGION ON THE WAY TO FULFILL MISSION-2025 («DEVELOPMENT CORRIDORS») 1. Murmansk transport hub: development of multiindustry port Murmansk region 2025 2. Technological complex for natural gas and gascondensate production from Shtockman field, including technological fleet base, LNG plant, coast and offshore pipeline infrastructure and village for employees . 3.Making of clusters and industrial parks round strategic projects 4. Reconstruction of fishing industry sector on a new technological and organisational base 5. City economy as an instrument of holding population on the territory and attraction of young talents Murmansk region 2010 6. Development of tourism as a new economic base for some parts of the territories of Murmansk region 4 1 STRATEGIC PROJECT Integrated development Shtockman gas condensate deposit Investors: Gasprom, Total, Statoil ASA Project includes: Value for Murmansk region: Underwater production of natural gas Project production volume: LNG Plant 71,1 bln. m2 of gas and 27,2 mln. tonnes of LNG/ Coast and offshore pipeline infrastructure year Port transport-technological Investments: 44 bln. USD complex Building of village for employees Inclusion of the region into a system of Arctic shelf development as a main base 17 bln. USD of investments on the territory of Murmansk region 1 500 new workplaces and orders for enterprises of Murmansk region Modernization and construction of social and transport infrastructure of the region and provision of gas supply for the region Taxes in budget of Murmansk region and Teriberka 5 2 STRATEGIC PROJECT Integrated development of Murmansk transport hub Cargo terminal Storage and distribution zone Goal of the project: Usage of MTH potential For Northern Sea Route For Barents Euroatlantic transport corridor For shelf development projects in Arctic For export-import container cargo of Rusian Federation Logistics center Basic elements of MTH Port terminals Railway approaches Development of airport «Murmansk» Roads and logistic complex Usage of MTH potential for assuring cargo flows: Possible mechanism of investment stimulation : Port special economic zone (PSEZ) 6 Coal terminal (reconstruction) Oil terminal Coal terminal Targeted cargo turnover of the port until 2020 Conservative scenario - 52 mln. tonnes Neutral scenario – 84 mln. tonnes Participants: Mintrans RF, JSC «RZD», LLC «Murmansk sea port «Lavna», CSC «Sintez-Petrolium», JSC «UK «Murmansk transport hub» PORT SPECIAL ECONOMIC ZONE FACILITIES Construction of the coal terminal on the West coast of the Kola Bay Estimated capacity : 20 mln.tons per year Construction time : 3 years Construction costs (in future prices) : 17,6 bln.rub. Goal: to meet the growing demands of the producer companies in transshipment capacities of coal export through Murmansk Transport Hub by constructing an additional coal terminal Construction of the oil and oil-product terminal on the West coast of the Kola Bay Estimated capacity: 35 mln.tons per year Construction time : 11 years Construction costs (in future prices) : 84,8 bln.rub. Goal: to meet the growing demands in crude hydrocarbons transshipment in Murmansk Transport Hub by constructing a modern, environmentally safe oil terminal on the West coast of the Kola Bay Reconstruction of the coal terminal on the East coast of the Kola Bay Estimated capacity: more than 10 mln.tons per year Construction time: 2 years Construction costs (in future prices): 2,3 bln.rub. Goal: increase of operational efficiency of the transshipping complex on the territory of the Murmansk Trade Sea Port second cargo handling area achieved by applying modern coal transshipment technologies Construction of the container terminal on the East coast of the Kola Bay Estimated capacity : 1 mln. TEU per year Construction time : 4 years Construction costs (in future prices): 28,5 bln.rub. 7 Goal: to use the potential of Murmansk Transport Hub as a container port in the context of the growing turnover of containerized cargoes in Russia by constructing a modern container complex 3 CLUSTERS AROUND STRATEGIC PROJECTS Cluster Technology of shelf development Murmansk / Teriberka Cluster Cluster Mining and chemical Murmansk region 8 MTH and processing center Murmansk 4 RECONSTRUCTION OF FISHING INDUSTRY SECTOR ON A NEW TECHNOLOGICAL AND ORGANISATIONAL BASE Main directions: 1. Modernization of fishing fleet 2. Construction of fish processing plants, facilities for storage, packing, transportation of outputs 3. 9 Making brands and marketing for finished outputs (packed and branded output) for inner and external markets 4. Creation of bright investment climate 5. Scientific assessment of fishery development potential 6. Construction and support of trade platform for sale of live/chilled fish and frozen fish in Murmansk (fish broker's board) ESTABLISHING OF TOURISTIC CLUSTER ON THE TERRITORY OF MURMANSK REGION Tourism and recreation territories of regional value (ТRТ) – the base for tourism cluster of the region ТRТ «Pechengskaya» ТRТ«Russian Lapland» ТRТ «Khibinskaya» Intergated development of the territories Organization of communication between all parties of touristic business and supporting sectors Systematic approach to the sector's problems solutions Implementation of innovation technologies on the touristic service market Appearance of new competitive touristic destinations Preparation of investment fields for investors, solutions of land questions Opportunity of regional tax extensions for TRT residents Complex advance of touristic cluster of the region to russian and international markets 10 International programs implemented in Murmansk region: • Program ENPI CBC «Kolarctic» • Cooperation program of Barents/Euroarctic region (BEAR) • EU Northern Dimension cooperation program on developing the northern regions implemented within partnerships • Programs of Northern Council of Nordic Ministers • Programs of international technical assistance within nuclear and radiation safety External economic cooperation of Murmansk region: • Norway- Finnmark, Troms, Rogaland • Finland- Lapland, Oulu • Sweden- Norrbotten • Canada-Newfoundland, Labrador, Manitoba INTERNATIONAL AND EXTERNAL ECONOMIC COOPERATION 71 activities were carried out with the representatives of foreign countries Memorandums of mutual understanding were signed with «Statoil» and «Total» Contracts on realization of the projects on radiation safety with the County Finnmark were signed New contacts with partners from China, Canada, South African Republic were established Volume of foreign investment, mln. USD Dynamics of foreign trade turnover of Murmansk region, mln. USD Main foreign trade partners of Murmansk region in 2010 EXTERNAL ECONOMIC COOPERATION WITH NORWAY International technical assistance from Norway to Murmansk region 2006-2009 (mln. USD) 20,0 15,0 Investments from Norway to Murmansk region (mln. USD) 15 17,3 14,2 14 10,7 15,0 11,8 10 10,0 10,0 5 1,8 5,0 3,0 0 0,0 2006 2007 2008 2009 2007 2010 2008 2009 Dynamics of turnover of Murmansk region and Norway (mln. USD) 300 250 200 150 100 50 0 248,4 208,7 197,6 158,3 132,2 26,9 2006 37,2 34,2 2007 2008 export 2009 import 13 38,5 48,8 2010 2010 EXTERNAL ECONOMIC COOPERATION WITH FINLAND IN 2010 Dynamics of turnover of Murmansk region and Finland (mln. USD) 183,0 164,3 51,3 21,1 2006 68,6 39,2 2007 2008 export 59,946,8 2009 import 82,2 17,3 2010 The Government of Finland financed 37 projects in Murmansk region to the amount of 1,1 mln. EURO within the program of cross-border cooperation. In the first round of applications of the Program ENPI CBC « Kolarctic» 13 projects were approved, 11 of them are with Finnish partners. Congress-exhibition activity in Murmansk region International branch and trade –industrial exhibitions: • • “Sea.Resources.Technologies” “Kolsky Partneriat” • “SEVTEK” • “Product Forum of Polar North” • Murmansk International Economic Forum MURMANSK– THE CAPITAL OF KOLA ARCTIC to 100-anniversary celebrations Development of infrastructure is planned at the present moment: сети теплоснабжения сети водоснабжения электрические сети Construction: Transport hub on basis of sea,-bus and railway stations with improvement of adjoining territory and airport network СПОРТИВНО-КОНЦЕРТНЫЙ КОМПЛЕКС Sea façade in the port Murmansk (objects of Murmansk transport hub) Arctic center with museum complex (Russia is an Arctic country) Sports complex (healthy life-style) Treatment facilities (environmental safety) Modernization: Municipal roads Community facilities Municipal infrastructure Thank you for attention!