4 Sep 2025 16:52

Number of residents in SAR in Vladivostok reaches 131 - FEDC head

VLADIVOSTOK. Sept 4 (Interfax) - The number of residents of the special administrative region (SAR) on Russky Island in Vladivostok has reached 131 and the combined assets of the companies amount to 5.5 trillion rubles, the CEO of the Far East and Arctic Development Corporation (FEDC) Nikolai Zapryagayev told Interfax.

The FEDC oversees the SAR's operations.

"We feel a lively competition with Kaliningrad [the second Russian SAR is located on Oktyabrsky Island in the Kaliningrad region] overall since the opening of the SAR. Large companies, I think, have already all registered either with us, on Russky Island, or on Oktyabrsky," Zapryagayev said on the sidelines of the 2025 Eastern Economic Forum on Thursday.

The FEDC announced the registration of the hundredth resident of the SAR on Russky Island in April 2024. The number of international companies increased to 111 in March 2025, the FEDC said.

SARs appeared in Russia in August 2018 on Oktyabrsky Island in the Kaliningrad region and Russky Island in Primorye Territory. The main goal of their creation was the de-offshorization of foreign holdings controlled by Russian citizens and those owning assets in Russia, including as an anti-sanction measure.