FEDC presented a macroeconomic model for the development of the Far East's creative economy at the presentation of regional strategies at the Agency for Strategic Initiatives (ASI)
The Far East and Arctic Development Corporation (FEDC) presented a macroeconomic model for developing the Far Eastern Federal District's creative economy at a regional strategy presentation held at the Agency for Strategic Initiatives (ASI) in Moscow. The event brought together 13 Russian regions, which presented strategies for developing creative industries through 2030 with the shared goal of increasing their contribution to the country's GDP to 6%.
At the event, regions presented comprehensive plans based on an analysis of the state of creative industries, their contribution to the gross regional product, employment levels, and export potential. Particular emphasis was placed on the development of creative infrastructure—the creation of new clusters, the modernization of existing spaces, and the integration of creative industries into urban master plans, as well as the development of regional geobrands with the active involvement of local communities.
FEDC presented a macroeconomic model for developing the creative economy in the Far Eastern Federal District. Experts believe this is the first comprehensive approach in Russia to scaling the creative sector at the interregional level.
Gasan Gasanbalaev, Executive Director of the FEDC for Social Development, outlined a strategy for developing creative industries in the Far East based on a macroregional approach that considers territorial scale and population density. Within a unified ecosystem, the Far Eastern regions are developing clear specializations: Yakutia – IT and film, Primorye – contemporary art and fashion, Kamchatka – documentary film, and Buryatia – music and audio content. This model fosters interregional cooperation and builds production chains between regions, enhancing the competitiveness of the industry as a whole.
