Russia Economy Thread

[pmc]

Some construction numbers released at Kazan Islamic forum by Deputy PM. The size of Russia residential construction is seem equal to 450m EU residents. there will be more single family homes in Russia. and this construction capabilities were developed in large part building Mosques. Land transport increase 11%. This real GDP.

Khosnolin revealed that despite the sanctions and the special military operation, the highest construction rate was recorded in 2025, reaching 150 million square meters, and land transport operations increased by 11%

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Smaller cities is priority.

77 million artifacts: Russia opens its "cultural memory"​

Russian Culture Minister Olga Lyubimova presented the Organization of Islamic Cooperation with unprecedented figures reflecting the scale of her country's museum heritage, paving the way for a historic cross-border cultural partnership
T

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witnessed a notable Russian presentation of its policies for developing cultural infrastructure, with a focus on revitalizing smaller cities as a strategic priority.

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this often overlooked and is related to small towns and private homes. Russia has enormous Solar and Wind potential and it is already implemented off the grid due to distance.

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Rosatom will complete construction of wind farms in the Caucasus and expand to the Far East.​

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This is Wind turbine for world largest oil Project up in Arctic. total will be upto 3.6GW.

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The State Expertise Committee has approved the design for the first stage of the wind farm for Vostok Oil.​

May 14. FINMARKET.RU - The project to build the first phase of a wind farm on the coast of Sever Bay in Krasnoyarsk Krai to supply the Vostok Oil project has received a positive conclusion from the Main Directorate of State Expertise, according to the Unified State Register of Conclusions (USRZ).
The developer of the project is Vostok Oil LLC (operator: RN-Vankor, part of Rosneft (MOEX: ROSN)). The wind farm's capacity will be 50 MW. Public consultations on the project were held in August-September 2025.
The construction of a wind farm in Sever Bay is planned as part of the Vostok Oil project to develop oil fields in Taimyr. The project's resource base is 6.5 billion tons of premium, low-sulfur crude oil. It includes 52 licensed areas in the northern Krasnoyarsk Krai and the Yamalo-Nenets Autonomous Okrug, containing 13 oil and gas fields, including the Vankor and Payakha clusters.

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Putin: Our strategy based on innovation, not imitation, has proven successful.​

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Putin says Russia science and Industry has enormous potential and the list is long.

 

[pmc]

Ruble is world best performing currency. Soft Power theories are proven correct.
Russia is the only country that can produce full cycle Civil Airliners/Helicopters and most of things in
Mining/Petro-Chemical/housing/Pharma/Health Systems/Software etc and very suppressed values of Military Industrial complex. and this has reduced imports and made Ruble the strongest currency.
Countries like Germany and Japan depends on imported components and Science that include that Covid vaccine. Since they dont control Science they dont understand what is happening to them

Bloomberg: The ruble is the best performing currency in the world​

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Professor at Moscow State University is recommending.

The development of Islamic banking in Russia​

Professor Marklin Konurbayev of Moscow State University sees no justification for keeping the fair and transparent system confined to four regions, "as entrepreneurs seek honest partners, and this ethical model is gradually becoming more common in the business community. The 3.5-fold increase in transaction volumes, according to Moscow Exchange data for 2025, forms the technical basis for replicating partnership models. The successful experiment in Tatarstan also sets a precedent for integrating other regions into a unified legal framework.

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Just think about it. Russia is a country in conflict and has some thing like million extra people inside Ukraine and i am sure they need medical support but Russia want to expand its medical services to Islamic world which is fastest growing population in the world. Soft Power is too important.

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May 15, 2026

Bashkir State Medical University's experience in developing medical tourism was presented at the International Economic Forum "Russia - Islamic World: Kazan Forum"​

The 17th International Economic Forum "Russia – Islamic World: KazanForum" is taking place in the capital of Tatarstan from May 13 to 15. The event brought together representatives from over 100 countries.

The Republic of Bashkortostan and the Bashkir State Medical University of the Russian Ministry of Health were represented at the forum by Valentin Nikolaevich Pavlov, Rector of the Bashkir State Medical University of the Russian Ministry of Health, Academician of the Russian Academy of Sciences, and Professor.
The rector served as an expert in the panel session "For Health in Russia," moderated by Evgenia Grigoryevna Kotova, Deputy Minister of Health of the Russian Federation.

The panel session is dedicated to the development of medical tourism and the export of Russian medical services to Islamic markets. The key question is: how to combine high technology with human and cultural comfort so that a patient from Jeddah or Dhaka chooses Moscow, Kazan, or Ufa first, not last?

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At the 17th International Economic Forum "Russia – Islamic World: KazanForum," Russian Deputy Minister of Health Evgenia Kotova announced the growth of medical tourism in Russia. According to her, foreign patients are increasingly choosing Russian clinics due to the high level of specialist training, modern facilities, and affordable treatment costs.

Kotova noted that Russian medical institutions are prepared to accommodate the religious and cultural sensitivities of visitors from other countries, including providing services in accordance with halal medical standards.

"Over the past six years, approximately 27 million medical tourists have chosen Russia for medical care. Approximately two million children from abroad have received treatment in our country. Moreover, over the past three years, the number of such patients has increased by approximately 20 percent annually," the Deputy Minister emphasized.

I think China has skill labor that can manage this complex scale of project and China also want to get closer to Iran. These countries have TFR greater than 3 except Iran.

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Russia plans to build a highway along the Caspian Sea with access to Afghanistan, Iran, and Pakistan.​

Russian authorities are discussing China's participation in the construction and financing of the Caspian Sea pipeline.
May 19, 2026 G.
Russia is discussing China's participation in the construction and financing of a highway along the Caspian Sea with access to Iran, Afghanistan, and Pakistan, Russian Deputy Prime Minister Marat Khusnullin said in an interview with RIA Novosti.
"Of course, we're eager to build transport infrastructure not only with budget funds but also with extra-budgetary ones. We've currently selected around 20 transport projects. They've been reviewed by the Ministry of Transport and received a confirmation from the Ministry of Economy that they have a sound economic foundation and provide a good basis for development," Khusnullin said in an interview with RIA Novosti at the international economic forum "Russia - the Islamic World: KazanForum."
According to him, the possibility of attracting foreign investment in the implementation of road projects is being considered.
"One of these serious issues is attracting foreign investment. For example, we are very concerned about creating an eastern highway corridor along the Caspian Sea—Russia, Kazakhstan, Turkmenistan, access to Iran, and further access to Afghanistan and Pakistan. At the forum, we discussed with our Chinese colleagues the possibility of not only Chinese participation in the construction but also the possibility of attracting funding. In other words, we are exploring various financing options," the Deputy Prime Minister said.

This is South Korea. There is growing dependency on Russian transport network and sanction waivers. Russia is second largest supplier of LNG to Europe. if these sanction waivers continue there will be time that Russia exports to India will decrease.

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Korea is entering the Arctic. In September 2026, South Korea plans to organize a test voyage along the Northern Sea Route.

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As the title says. The scope of North Sea route will get expanded since more countries are showing interest post Hormuz. They want to build productive cities along Siberian rivers. River transport can be electric as there some River electric Vessels already built for passenger transport.

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The Northern Sea Route will be expanded as foreign investor interest grows.​

How they want to expand the Northern Sea Route​

In the future, the Northern Sea Route is planned to be expanded to include river, rail, and road transport, said Andrei Nikitin.

"From the traditional sea route from the Kara Gate to the Bering Strait, it (the Northern Sea Route – Ed.) is being transformed into a comprehensive transport system integrating rail, river, and road transport. This multimodal approach creates a unified logistics chain, improves supply reliability, and expands freight transportation capabilities in the Arctic region," the minister noted.
On a map, the expansion will look like this: the Arctic ports of Arkhangelsk, Murmansk, Naryan-Mar, Dikson, Pevek, and Anadyr will be connected to Siberian rivers, carrying goods from the interior of Russia. This will create continuous logistics chains from highways and railways through the Yenisei, Lena, and Ob river basins to the Arctic Ocean, Mikhail Dyakonov explained to Izvestia. In Yakutia, for example, a multimodal route is being developed: Mohe (China) – Dzhalinda – Nizhny Bestyakh – Lena River – Naiba port – the Trans-Arctic Transport Corridor.

"The logic is to integrate the NSR into a unified network of northern corridors, where the maritime section becomes the main external link, and domestic shipping occurs by river, rail, and road. This model potentially offers Russia a far greater impact than simply increasing the number of transits along the Arctic route," Kirlan Marchel, associate professor at the Financial University under the Government of the Russian Federation, explained in an interview with Izvestia.
Including Siberian rivers in the route would provide a huge boost to the region's economy and, most importantly, would lead to increased freight traffic along the NSR, noted Boris Martsinkevich, editor-in-chief of the analytical journal Geoenergetika.Info. For example, new wood processing plants could be built at river mouths where timber could be floated. It would be logical to launch large-scale wheat exports from the Omsk and Tomsk regions, where agricultural production is growing. Coal deposits, currently undeveloped, would also be developed. However, the main problem facing this route is the shortage of river transport and construction plants.

They are adding Vietnam to Transarctic corridor. This Trans-Arctic corridor is by agreement with each country.

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Russia, Vietnam sign maritime cooperation plan for up to 2030​

MOSCOW. May 22 (Interfax) - Russian presidential aide and Maritime Board Chairman Nikolai Patrushev and Vietnamese Deputy Prime Minister Phan Van Giang have signed a plan for maritime cooperation between the two countries for the period up to 2030.

Participants in Russian-Vietnamese consultations on maritime issues held in Moscow on Friday discussed cooperation in naval activity, shipbuilding, ship repairs, and maritime personnel training.

They paid particular attention to interaction in promoting the safety of merchant shipping and discussed military-technical cooperation and the joint use of the Trans-Arctic Transport Corridor in the interests of both countries.

Officials from Russian and Vietnamese ministries and other agencies and representatives of several shipbuilding corporations took part in the consultations. Phan Van Giang, whom the Vietnamese leadership authorized to engage with the Russian Maritime Board, arrived in Moscow at Patrushev's invitation.

It is not just Vladivostok but Khabarovsk NPP also and depending on cities built for Electrograd more Nuclear Power plants built in Far East Siberia with Arctic can be part of floating nuclear and Wind mills. This is biggest Mineral and Industrialization and there is presumption Russia prefer high Gold and mineral prices over Oil prices.

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The first nuclear power plant in the Far East will begin construction 80 km from Vladivostok in 2027.​

Title may not be entirely accurate but Russia is now capable of building Nuclear reactors in more than dozens of sites Simulatneously. Number of Sites does not equal number of reactor construction. as there can be many reactors at same site. Without question Russia is world biggest nuclear construction manager.

This figure released in 2026 for 2024 is higher than known averages of Russia gold production.

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Rosnedra: Russia's gold and silver reserves are growing faster than their production.​

According to him, the increase in gold reserves amounted to 542 tons, while production in 2024 was 477.6 tons. For silver, the figure is even higher: reserves increased by 4,400 tons with production of 2,400 tons.

This Russia 5G from satellites tested for remote regions. Russia directly going to Starlink type services.

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This Russia extend of Russia economic interests in Africa excluding North Africa. (integrated with Royal Kingdoms). this Space based internet will greatly help.



There is some thing interesting behind this direct trade numbers. 70% of Japanese exports are Vehicle spare parts. now Japanese Auto industry is very globalized. Just about every country in the world makes parts for Japanese autos and China and South East Asia likely to be cheaper parts. so these highly likely parts for the higher end vehicles. The vehicles that only Japan domestically manufacturer. if the direct part is so high than the indirect will be even higher. and this Japanese auto industry pre-globalization (1991) Russia wanted to replicate and there is work going on in that direction that i will comment later.
see this example. This vehicle is very narrow. It was built for narrower roads and turns. EVs are not narrow vehicles nor they are light.
That narrow and light vehicles trend was started by Japanese on large scale.

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Japan-Russia trade turnover gains 23% in April to $679 mln — TASS calculations​

Exports to Russia rose by 28% to 39 bln yen (around $246 mln). The main driver was a 23.6% increase in vehicle shipments to Russia, while spare parts shipments fell by 26.4%. Spare parts are the main Japanese export to Russia, accounting for around 70% of all shipments.

 

[pmc]

This normally happen when Russia find new source of skill labor to accelerate projects.

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Putin ordered the acceleration of Arctic development projects​

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Putin ordered the formation of a fleet for northern deliveries​

Russia plans to create a separate fleet to handle northern deliveries. Russian President Vladimir Putin issued the corresponding order following a meeting with government members on April 23. The document was published on the Kremlin website.

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Putin: Russia and Kazakhstan are strengthening their partnership in rare metal mining.

one of the Speaker is daughter of Shoigu who last year mentioned Russia should have separate rare earth industry. now Russia highly likely to have two Rare Earth industry clusters and could become largest supplier in world of refine products based on rare earth.
Shoigu has extensive experience with weopon used in Ukraine conflict. This is like skill development across many countries.
I doubt any one except China can assemble such workforce and energy.

The Angara-Yenisei Cluster: How a New Rare Earth Metals Industry is​

Being Created in Siberia​

• Rich resources: the region boasts large deposits of essential metals.
  Powerful energy: the Angara-Yenisei hydroelectric cascade already generates approximately 25 GW of excess electricity.
  Developed industry: there is a foundation upon which new production facilities can be built.
  Strong scientific schools: local universities and institutes are ready to supply personnel and technology.
  Vast expanses of land: factories can be built while adhering to all environmental standards, without disturbing urban areas.
• Materials. A dedicated Additive Materials Science Center will develop and produce metal powders for 3D printers, including those made from rare metals. These materials are needed for printing turbine parts, spacecraft, and automobiles.
• Certification. To ensure parts can be used in critical industries, they must be tested. A dedicated laboratory will be created for this purpose. Without it, 3D printing will remain at the prototyping level.
• Manufacturing. An Additive Manufacturing Center will open in 2028–2029, offering custom 3D printing services. Companies won't have to purchase expensive equipment—they'll simply be able to order the components they need.

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Shoigu stated the need to create an industry for the development of rare earth metals independent of China and the United States.​

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As we can see, there are not many specifics yet, but it is possible to assume that workers from Afghanistan will be able to work in the Russian mining and metallurgical sector, especially since they have some experience.
Afghanistan is often considered one of the richest countries in the world in terms of untapped mineral resources. According to a 2021 report by the US Geological Survey and the Afghan Ministry of Mines, their total value was expected to exceed $3 trillion by 2025.
Afghanistan's geological profile is the result of hundreds of millions of years of tectonic activity, which has created complex, mineral-rich zones across the country—from Badakhshan province in the northeast, where gold deposits are complemented by long-established lapis lazuli mines, to the marble quarries of Nangarhar and Kandahar

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A new class of layered compounds of rare earth elements has been discovered​

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Experimental lithium mining will begin in the Murmansk region this year

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Rosatom has developed a technology for producing material for high-power batteries​

"Rosatom's Fuel Division specialists from the Rosatom Chemistry Research and Development Center have developed a pilot technology for producing high-voltage lithium cobaltate—a key material for producing high-power lithium-ion batteries. The modified cathode material retains the key advantages of classic lithium cobaltate: stability during long-term cycling, power output, high bulk density, and high lithium diffusion coefficients. It differs from the existing solution in its modified crystal shape and adjusted chemical composition, which allows for higher battery charging voltage and, consequently, increases the energy capacity of the batteries by more than 15%," the press service noted.

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KAMAZ will reach a new level and expand the production of unique special-purpose equipment.​

I think these EV are better in single family homes or low rise building with outside parking lots and thats what they are encouraging.

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The Ministry of Emergency Situations has demanded that electric cars be isolated from other vehicles in parking lots.
"Requirements have been established for parking buildings and structures, as well as measures to limit the spread of fire in areas where electric vehicles and charging equipment are located," the agency said in a statement.

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Russia has developed a technology for extinguishing lithium batteries​

A characteristic of such power sources is their extremely high fire and explosion hazard. Furthermore, fires involving lithium batteries cannot be extinguished using water, water-foam, or dry powder extinguishing agents.
"Lithium-ion batteries burn at very high temperatures, often exceeding the capabilities of standard fire extinguishers. When burning, they release corrosive and toxic gases such as hydrogen fluoride, carbon oxides, and others. Ordinary water may not prevent their spread. Gas accumulation inside the battery casing can lead to an explosion, posing a danger to firefighters and bystanders. Standard extinguishing methods may not be able to cover all sources of fire within the battery's complex structure," Sergei Tolkachev, a professor at the Financial University under the Government of the Russian Federation and a doctor of economics, told TASS.