Yakutia's resource giants pump 27 billion rubles into local growth
Major resource companies in Yakutia have invested heavily in local infrastructure and education over the past five years. Nearly 27 billion rubles have been directed toward schools, roads, bridges, and housing projects across the region. These developments aim to support remote settlements and improve living standards in the republic.
ALROSA, the diamond mining giant, led the contributions with over 17.6 billion rubles in financial aid. The funds have supported Yakutia's institutions, businesses, and municipalities since 2021. Meanwhile, mining and oil and gas firms—responsible for roughly 60% of the region's economy—have continued funding key projects.
Nordgold Management LLC secured financing for a 2,909-square-meter building in Tyanya village. The facility will house a school, kindergarten, and shooting range. In another education initiative, TYUNGD JSC signed an agreement to construct a new building for the Little Academy of Sciences in Chapaevo. Infrastructure upgrades are also underway. Prognoz-Serebro LLC is building a bridge over the Tompo River in the Tomponsky District. YVGK JSC and Polymetal JSC are maintaining a 577-kilometer stretch of the Kolyma–Nedzhadinskoye road in the same area. Sakhaneftegaz LLC has allocated funds for a fiber-optic line connecting Lensk and Olekminsk, set for completion in 2024. Housing and community projects are expanding too. Polus Aldan JSC is constructing three low-rise buildings with 750 units in the Aldan District. YATEK PJSC will build a 2,500-square-meter multifunctional center in Kysyl-Syr village, costing 540 million rubles.
The investments reflect a broader push to strengthen Yakutia's remote areas through education, transport, and housing. With nearly 27 billion rubles committed, resource companies have played a central role in funding these developments. The projects are expected to enhance connectivity and living conditions across the region by 2025.
