YAKUTSK, September 1 (RIA Novosti) - Russian President Vladimir Putin has arrived in Yakutsk to take part in the discussion of the problems of Russia’s Far East on Monday and kick off the construction of the Power of Siberia pipeline, the press service of the Kremlin reported.
The meeting will be attended by the heads of federal ministries, heads of regions and major companies. The participants will discuss issues of state support for priority investment projects and territories of rapid development in the Far East, the press service reported.
The meeting will be held at the North-Eastern Federal University, the leading university in the region, with an enrollment of over 20,000 students from 34 Russian regions. During his visit to the university, the Russian president is expected to meet with students and professors.
Additionally, it is expected that Putin will take part in a ceremony marking the connection of the first link of the main gas pipeline Power of Siberia, a total length of 3,968 thousand kilometers. The pipeline will be used to supply gas to the domestic market, as well as for export to China. The estimated cost of its construction is 770 billion rubles [about $20,834 billion], including investments in the territory of Yakutia - 283 billion rubles [about $7,567 billion].