The Far East and Arctic Development Corporation (FEDC) has assigned the status of resident of the “Buryatia” ASEZ to the Ulan-Ude “Museum Center” and Ulan-Ude “Theater Center” companies. Investors are implementing projects for the construction and operation of two major objects of the Ulan-Ude master plan under a preferential regime: The National Museum of the Republic of Buryatia and the Baikal Theatre and Cultural Centre. The agreement on assigning resident status to the companies was signed by the parties in September 2024 during the Eastern Economic Forum. The National Museum is being created to preserve the cultural heritage of the Republic of Buryatia and provide access to its collection for a wider audience through the creation of a modern and spacious museum space. Within the framework of the priority development area, the total investment in the project will amount to 1.64 billion rubles. The new Theatre and Cultural Centre "Baikal" will also help preserve the cultural heritage of Buryatia. The project will give a wide range of residents of the Republic the opportunity to regularly attend cultural events. Within the framework of the priority development area, the total investment in the project will amount to 2.4 billion rubles. The commissioning of the National Museum of the Republic of Buryatia and the Baikal Theatre and Cultural Centre is planned for the third quarter of 2026.
