The Impact of the Nizhny Bestyakh–Magadan Railway Construction on Regional Economic Development

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.

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Publication Details

Journal
Scientific Research and Development Economics
Published
2025-06-29
DOI
https://doi.org/10.12737/2587-9111-2025-13-3-23-26
Citations
1
Primary Topic
Regional Socio-Economic Development Trends
Type
article
Field-Weighted Citation Impact
5.59
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article

The Impact of the Nizhny Bestyakh–Magadan Railway Construction on Regional Economic Development

В.П. Васильев
1 citations
Scientific Research and Development Economics
Regional Socio-Economic Development Trends
5.59
article

The Impact of the Nizhny Bestyakh–Magadan Railway Construction on Regional Economic Development

В.П. Васильев
article en
1 citations

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.

Scientific Research and Development EconomicsVol. 13(3)
North-Eastern Federal University (RU), Ministry of Economics (LV)
Openalex Percentile: Top 6%
Regional Socio-Economic Development Trends
5.59
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The Impact of the Nizhny Bestyakh–Magadan Railway Construction on Regional Economic Development — В.П. Васильев · Scientific Research and Development Economics (2025) | TGRS Research Map | TGRS