Russky Island - Development

Development

Development of the island is linked to Russia's response to growing Chinese economic power in the region and the fear of possible Chinese economic hegemony.

Plans include the potential to develop the island as a large scale tourist resort and the construction of the Far-Eastern federal residence of the Russian President in Boyarin Bay were approved by the APEC summit. A bridge between Russky Island and Vladivostok was completed in July 2012 and is the longest cable-stayed bridge span in the world at 1,104 metres (3,622 ft).

The 2012 Asia-Pacific Economic Cooperation summit was held on Russky Island and about $US6 billion was set aside for the development of the island and Vladivostok in preparation for the summit. The construction of a new campus for Far Eastern Federal University provided facilities for the 2012 APEC conference.

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