The Impact of the Nizhny Bestyakh–Magadan Railway Construction on Regional Economic Development
Year: 2025
Type: article
Abstract: The construction of the Nizhny Bestyakh–Magadan railway line represents a strategic infrastructure project aimed at stimulating economic and social development in Russia's Far East. The article analyzes the project's impact on the regional economy, including increased freight traffic, development of mineral resource bases, and improved transport accessibility. Based on data from government agencies and research institutions, the study evaluates potential economic and social effects, such as GDP growth, tax revenues, and job creation. The research reveals that the project will handle up to 24 million tons of cargo annually, primarily coal and other mineral resources valued at 5.2 trillion rubles. The project involves three construction phases and two route options, differing in length and implementation timelines. The macroeconomic impact is estimated at 5.5 trillion rubles in GDP growth by 2055 and 1 trillion rubles in tax revenues. Despite high costs and challenging climatic conditions, the project is deemed economically viable and included in the national Far East development program.
Author: Vladimir Vasil'ev
Institution: North-Eastern Federal University
Language: English
Subfield: Development
Field: Social Sciences
Domain: Social Sciences
Open Access status: bronze
OpenAlex ID: W4411768119