As much as 100 billion roubles ($4.05 billion, or €2.78 billion) are to be allocated to Primorye Territory from the federal budget for preparations for the 2012 APEC Summit. The funds are included in the subprogramme Development of Vladivostok as a Centre of International Cooperation in the Asia-Pacific Region, which is part of the Federal Targeted Programme Development of the Far East and Transbaikal through 2013.
In the course of preparations for the summit it is planned to build 96 facilities, 42 of which will be financed from the federal budget. The rest of the facilities are commercial. To build them, private investments as well as regional and municipal budget funds will be raised.
The following projects are on the federal list: modernizing Vladivostok Airport and making it an international hub, building motor road interchanges between Vladivostok and the airport, including two bridges - across Zolotoy Rog (Golden Horn) Bay and the Eastern Bosporus Strait - and an overpass from De-Friz Peninsular to Sedanka. The federal budget will also finance the construction of new hotels (7500 rooms), an opera and ballet theatre, a modern congress-centre, a high-technology medical centre, an oceanarium, and the marine façade for the city.
Sufficient funds are allocated for developing and modernizing the municipal utilities infrastructure of Vladivostok. It is planned to reconstruct and develop the water supply and sewage system in Vladivostok, provide Vladivostok and other towns and villages of Primorye Territory with water from the underground springs of Pushinskoye, build a new ground for household garbage processing and restore the existing one, and build a third line of the water main. A number of projects envisage improving power supply.
Apart from preparations for the 2012 APEC Summit, the programme suggests allocating 16 billion roubles ($647.25 million, or €445.06 million) for road building. The Ussuriysk-Pogranichny, Razdolnoye-Khasan, Vladivostok-Nahodka and Terney-Malaya Kema federal highways will be financed from the federal budget.
Another 20 billion roubles ($809.06 million, or €556.33 million) from the federal budget will be allocated for constructing generating capacities.
So far the following has been done in the framework of designing and building infrastructure in Primorye Territory as preparation for the 2012 APEC Summit:
- a tender has been announced and bids invited for modernizing Vladivostok Airport; design and exploration work is planned to start in November;
- construction of a bridge across Zolotoy Rog Bay and a bridge to Russky Island has begun; it is also planned to start the construction and assembly work at the highways Knevichi Airport - Khabarovsk-Vladivostok highway and Knevichi Airport - Sanatornaya station; other facilities are now at the design stage; a tender has been announced for designing one facility on the Russky Island; one more facility is at the stage of working out its technical project;
- design and survey work to create Vladivostok's marine façade is now in progress; construction and installation activities are planned to start in October, 2008;
- a tender has been announced and bids invited for designing the APEC conference-centre in Russky Island; design and exploration work is planned to start in October;
- the Vladivostok opera and ballet theatre is at the design stage; starting from December design and exploration work for new hotels in Vladivostok's inland area and Russky Island will be carried out; no tender has yet been announced for building a medical centre because the issue of allocating a land plot for its construction is still on the negotiating table;
- seven out of 13 municipal infrastructure facilities for Vladivostok and Russky Island are now at the design stage; the project "Reconstruction and development of the water supply and sewage system of Vladivostok" is now being considered by the federal examination service;
- two energy and heating facilities are at the design stage; a tender has been announced and bids invited for one facility; two facilities are at the pre-design stage;
-a tender for the design of the Far Eastern Federal University will be over in October 2008. Design and exploration work will be launched right after the tender, in October.
In all, budget funding from all levels and private investments allocated for the social and economic development of Primorye Territory and preparation for the 2012 APEC Summit amount to 1,631.81 million roubles. Of this, 1,259.1 million roubles come from the federal budget, 370.77 million roubles (19%) from the budgets of Vladivostok and Primorye Territory, and 1.91 million roubles (0.1%) from private sources.
The first stage of drafting documents for planning the territory of Russky Island's Saperny peninsula has been completed. In July 2008, the Russian Regional Development Ministry introduced to the Economic Development Ministry a new draft of the Federal Targeted Programme Development of the Far East and Transbaikal through 2013, which suggests building first-stage facilities for the Far Eastern Federal University. Some amendments to the Subprogramme have been prepared, including a list of projects to be completed for the APEC Summit and the volume of the projects' financing. It is planned that the volume the Subprogram's financing by the federal budget will be increased from 100 billion roubles to 202.246 billion roubles. A number of other organizational measures have been done as well.
The Subprogramme involves various social, economic, organizational, technical, technological, financial and investment issues. It also incorporates different government levels: federal, regional and municipal. To facilitate the monitoring of the Subprogramme's results and to improve control parameters, the necessary information coverage of the projects has been elaborated and is applied.
To provide for a systematic and efficient approach to the organizational and technical work related to the Subprogramme, an Interdepartmental Operational Headquarters has been set up in Vladivostok and its composition approved. This allows a lot of matters concerning the implementation of the Subprogram to be addressed on the spot.
The customer of the project for preparation for the Asia-Pacific Economic Cooperation Summit, which will be held in Vladivostok in 2012, is the Far Eastern Directorate of Rosstroi (Federal Agency for Construction and Housing and Communal Services) of the Russian Ministry of Regional Development.